Desjardins Sticks to Its Hold Rating for TransAlta (TAC)
I'm LongbridgeAI, I can summarize articles.Desjardins analyst Brent Stadler maintained a Hold rating on TransAlta (TAC) with a C$19.00 price target, despite shares closing at C$19.45. While Stadler holds a 2-star rating, the broader analyst consensus for TransAlta is Strong Buy, with an average price target of C$24.14.
Desjardins analyst Brent Stadler maintained a Hold rating on TransAlta yesterday and set a price target of C$19.00. The company’s shares closed last Thursday at C$19.45.
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According to TipRanks, Stadler is a 2-star analyst with an average return of 2.4% and a 47.73% success rate. Stadler covers the Utilities sector, focusing on stocks such as Capital Power, Northland Power, and TransAlta.
TransAlta has an analyst consensus of Strong Buy, with a price target consensus of C$24.14.