TransAlta Corporation Stock News

Shares of TransAlta Co. (NYSE:TAC) (TSE:TA) have been given a consensus recommendation of “Buy” by the nine research firms that are covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12 month price target among […]

CALGARY, AB, Dec. 14, 2021 /PRNewswire/ - TransAlta Corporation (TSX: TA) (NYSE: TAC) announced today a correction to its press release issued December 13, 2021 in respect of the dividend amount declared on its Cumulative Redeemable Rate Reset First Preferred Shares, Series B (the "Series

TransAlta is trading at a 25% discount to the conservatively calculated SOTP value. More likely than not, Brookfield will attempt to acquire the company above its SOTP value.

TransAlta Corporation with ticker code (TAC) now have 3 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The range between the high target price and low target price is between 7.08 and 5.9 and has a mean target at 6.43. Now with the previous closing price of 10.7 this indicates there is a potential downside of -39.9%. The day 50 moving average is 10.92 and the 200 day MA is 10. The company has a market cap of $2,858m. Find out more information at: /> [stock_market_widget type="chart" symbol="TAC" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] TransAlta Corporation owns, operates, and develops a diverse fleet of electrical power generation assets in Canada, the United States, and Australia. It operates through six segments: Hydro, Wind and Solar, North American Gas, Australian Gas, Alberta Thermal, and Centralia. The company owns and operates hydro, wind and solar, natural gas-fired, and coal-fired facilities. It also engages in wholesale trading of electricity and other energy-related commodities and derivatives; and related mining operations and natural gas pipeline operations.

Millennium Management LLC lifted its holdings in shares of TransAlta Co. (NYSE:TAC) (TSE:TA) by 196.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 100,260 shares of the utilities providers stock after purchasing an additional 66,383 shares during the period. []

TransAlta Co. (TSE:TA) (NYSE:TAC) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$12.65 and traded as high as C$13.78. TransAlta shares last traded at C$13.62, with a volume of 275,390 shares traded. A number of research firms have recently issued []

TransAlta Co. (NYSE:TAC) (TSE:TA) was the target of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 367,800 shares, a growth of 32.1% from the October 31st total of 278,500 shares. Approximately 0.1% of the companys stock are sold short. Based on an average []

TransAlta Co. (NYSE:TAC) (TSE:TA) was the target of a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 367,800 shares, a growth of 32.1% from the October 31st total of 278,500 shares. Currently, 0.1% of the shares of the stock are sold short. Based on []

Shares of TransAlta Co. (TSE:TA) (NYSE:TAC) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$12.58 and traded as high as C$13.13. TransAlta shares last traded at C$12.99, with a volume of 669,521 shares trading hands. Several research firms have issued reports on TA. BMO [] The post TransAlta (TSE:TA) Shares Cross Above 200 Day Moving Average of $12.58 appeared first on ETF Daily News .

TransAlta Co. (TSE:TA) (NYSE:TAC) declared a quarterly dividend on Tuesday, September 28th, Zacks reports. Stockholders of record on Wednesday, December 1st will be given a dividend of 0.05 per share on Saturday, January 1st. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.51%. The ex-dividend date of this dividend []

TransAlta (NYSE: TAC) recently received a number of ratings updates from brokerages and research firms: 11/16/2021 – TransAlta was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “TransAlta is Canada’s largest non-regulated electric generation and marketing company. “ 11/13/2021 – TransAlta was upgraded by analysts […]

TransAlta Co. (NYSE:TAC) (TSE:TA) was the target of a significant growth in short interest in October. As of October 29th, there was short interest totalling 278,500 shares, a growth of 20.3% from the October 14th total of 231,600 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading []

Zacks Investment Research cut shares of TransAlta (NYSE:TAC) (TSE:TA) from a buy rating to a hold rating in a research note issued to investors on Tuesday, Zacks.com reports. According to Zacks, TransAlta is Canadas largest non-regulated electric generation and marketing company. Several other analysts also recently weighed in on TAC. BMO Capital Markets upped []

Boothbay Fund Management LLC acquired a new stake in shares of TransAlta Co. (NYSE:TAC) (TSE:TA) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 10,475 shares of the utilities providers stock, valued at approximately $104,000. A number of other hedge []