Out of 5 analysts covering TransAlta Renewables (TSE:RNW), 3 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 60% are positive. $15 is the highest target while $12.50 is the lowest. The $14.04 average target is -1.40% below today’s ($14.24) stock price. TransAlta Renewables has been the topic of 12 analyst reports since September 28, 2015 according to StockzIntelligence Inc. Below is a list of TransAlta Renewables Inc (TSE:RNW) latest ratings and price target changes.
19/08/2016 Broker: Desjardins Securities Rating: Hold Old Target: $13.50 New Target: $13.75 Target Up
11/08/2016 Broker: Desjardins Securities Rating: Hold New Target: $13.75 Maintain
11/08/2016 Broker: Raymond James Rating: Outperform Old Target: $15.25 New Target: $14.50 Target Down
11/08/2016 Broker: RBC Capital Markets Rating: Outperform Old Target: $13.00 New Target: $15.00 Target Up
11/08/2016 Broker: Scotia Capital Rating: Sector Perform New Target: $13.50 Maintain
11/08/2016 Broker: TD Securities Rating: Buy Old Target: $14.00 New Target: $15.00 Target Up
20/07/2016 Broker: IBC Rating: Old Target: $13.00 New Target: $14.00 Target Up
29/04/2016 Broker: Raymond James Rating: Old Target: $13.50 New Target: $14.50 Target Up
About 111,256 shares traded hands. TransAlta Renewables Inc (TSE:RNW) has risen 39.24% since February 5, 2016 and is uptrending. It has outperformed by 22.76% the S&P500.
TransAlta Renewables Inc. is a Canada firm engaged in developing, owning and operating renewable power generation facilities. The company has a market cap of $3.17 billion. The Firm owns and operates over 10 hydro facilities and approximately 20 wind farms in Western and Eastern Canada with a total installed capacity of approximately 1,140 megawatts and holds economic interest in approximately 140 MW Wyoming Wind Farm and approximately 420 MW Australian gas-fired generation assets, as well as over 270 kilometers gas pipeline. It has a 21.88 P/E ratio. The Firm also owns economic interests in Sarnia cogeneration plant, Le Nordais wind farm and Ragged Chute hydro facility totaling approximately 610 MW of contracted power generation assets located in Ontario and Quebec.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.