Analysts Are Bullish on Top Utilities Stocks: TransAlta (TAC), Northwest Gas (NWN)
There’s a lot to be optimistic about in the Utilities sector as 2 analysts just weighed in on TransAlta (TAC – Research Report) and Northwest Gas (NWN – Research Report) with bullish sentiments.
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TransAlta (TAC)
In a report released yesterday, Maurice Choy from RBC Capital maintained a Buy rating on TransAlta, with a price target of C$24.00. The company’s shares closed last Friday at $13.74, close to its 52-week high of $14.64.
According to TipRanks.com, Choy is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for TransAlta with a $15.63 average price target.
See the top stocks recommended by analysts >>
Northwest Gas (NWN)
In a report released today, Alex Kania from BTIG maintained a Buy rating on Northwest Gas, with a price target of $55.00. The company’s shares closed last Friday at $53.04.
According to TipRanks.com, Kania is a 4-star analyst with an average return of
Northwest Gas has an analyst consensus of Moderate Buy, with a price target consensus of $55.00, which is an 8.7% upside from current levels. In a report issued on February 27, TipRanks – DeepSeek also upgraded the stock to Buy with a $57.00 price target.
