TransAlta (TAC)
(Delayed Data from NYSE)
$9.24 USD
-0.31 (-3.25%)
Updated Feb 3, 2023 04:00 PM ET
After-Market: $9.26 +0.02 (0.22%) 7:58 PM ET
1-Strong Buy of 5 1
B Value C Growth B Momentum B VGM
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$9.24 USD
-0.31 (-3.25%)
Updated Feb 3, 2023 04:00 PM ET
After-Market: $9.26 +0.02 (0.22%) 7:58 PM ET
1-Strong Buy of 5 1
B Value C Growth B Momentum B VGM
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Does TransAlta (TAC) Have the Potential to Rally 34% as Wall Street Analysts Expect?
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The consensus price target hints at a 34.5% upside potential for TransAlta (TAC). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Can TransAlta (TAC) Climb 34% to Reach the Level Wall Street Analysts Expect?
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The mean of analysts' price targets for TransAlta (TAC) points to a 34.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
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The consensus price target hints at a 42% upside potential for TransAlta (TAC). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
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Investors need to pay close attention to TransAlta (TAC) stock based on the movements in the options market lately.
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TransAlta (TAC) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
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