CIBC Remains a Buy on TransAlta (TAC)

Tip Ranks
2025.11.18 15:25
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CIBC analyst Mark Jarvi maintained a Buy rating on TransAlta with a price target of C$25.00. Jarvi, a 5-star analyst, has an average return of 11.9% and a 67.23% success rate. TransAlta also received a Buy rating from BMO Capital's Benjamin Pham, while TR reiterated a Hold rating on November 7.

CIBC analyst Mark Jarvi maintained a Buy rating on TransAlta today and set a price target of C$25.00.

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According to TipRanks, Jarvi is a 5-star analyst with an average return of 11.9% and a 67.23% success rate. Jarvi covers the Utilities sector, focusing on stocks such as TransAlta, Brookfield Renewable Partners, and Clearway Energy.

In addition to CIBC, TransAlta also received a Buy from BMO Capital’s Benjamin Pham in a report issued yesterday. However, on November 7, TR | OpenAI – 4o reiterated a Hold rating on TransAlta (NYSE: TAC).

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