TransAlta Renewables (OTCMKTS:TRSWF) Price Target Raised to C$18.50 at TD Securities

TransAlta Renewables (OTCMKTS:TRSWFGet Rating) had its price target lifted by TD Securities from C$18.00 to C$18.50 in a report published on Thursday morning, The Fly reports.

A number of other brokerages have also recently weighed in on TRSWF. National Bank Financial lifted their price target on shares of TransAlta Renewables from C$18.50 to C$19.00 in a research report on Thursday, April 28th. Industrial Alliance Securities cut shares of TransAlta Renewables from a buy rating to a hold rating and set a $19.00 price target on the stock. in a research report on Thursday, March 10th. Raymond James cut their price objective on shares of TransAlta Renewables from C$20.50 to C$19.00 in a research report on Wednesday, January 12th. Royal Bank of Canada cut shares of TransAlta Renewables from an outperform rating to a sector perform rating in a research report on Wednesday, April 13th. Finally, Scotiabank cut their price objective on shares of TransAlta Renewables from C$19.00 to C$18.50 in a research report on Thursday, January 27th. Seven investment analysts have rated the stock with a hold rating, According to data from MarketBeat, the company presently has an average rating of Hold and an average price target of $19.25.

Shares of OTCMKTS TRSWF opened at $13.68 on Thursday. The company’s fifty day moving average is $14.44 and its 200-day moving average is $14.34. TransAlta Renewables has a twelve month low of $12.52 and a twelve month high of $18.00.

TransAlta Renewables Company Profile (Get Rating)

TransAlta Renewables Inc develops, owns, and operates renewable power generation facilities. The company operates through Canadian Wind, Canadian Hydro, Canadian Gas, US Wind and Solar, US Gas, and Australian Gas segments. As of February 24, 2022, it owned and operated 26 wind facilities, 13 hydroelectric facilities, 8 natural gas generation facilities, 2 solar facilities, 1 natural gas pipeline, and 1 battery storage project comprising 2,968 megawatts of net generating capacity located in the provinces of British Columbia, Alberta, Ontario, Québec, New Brunswick, the States of Pennsylvania, New Hampshire, Wyoming, Massachusetts, Michigan, Minnesota, Washington, North Carolina, and the State of Western Australia.

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