Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Utilities Companies: Vistra Corp (VST) and TransAlta (TAC)

Tipranks - Tue Mar 3, 7:16AM CST

There’s a lot to be optimistic about in the Utilities sector as 2 analysts just weighed in on Vistra Corp (VSTResearch Report) and TransAlta (TACResearch Report) with bullish sentiments.

Claim 70% Off TipRanks Premium

Vistra Corp (VST)

In a report released yesterday, James Thalacker from BMO Capital reiterated a Buy rating on Vistra Corp, with a price target of $241.00. The company’s shares closed last Friday at $173.89.

According to TipRanks.com, Thalacker is a 5-star analyst with an average return of 15.7% and a 75.2% success rate. Thalacker covers the Utilities sector, focusing on stocks such as Public Service Enterprise, American Electric Power, and Pinnacle West Capital. ;'>

Currently, the analyst consensus on Vistra Corp is a Strong Buy with an average price target of $230.00, a 31.4% upside from current levels. In a report issued on February 27, TipRanks – PerPlexity also upgraded the stock to Buy with a $202.00 price target.

See today’s best-performing stocks on TipRanks >>

TransAlta (TAC)

In a report released yesterday, Benjamin Pham from BMO Capital maintained a Buy rating on TransAlta, with a price target of C$27.00. The company’s shares closed last Friday at $13.74, close to its 52-week high of $14.64.

Pham has an average return of 8.0% when recommending TransAlta. ;'>

According to TipRanks.com, Pham is ranked #415 out of 12142 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for TransAlta with a $16.63 average price target, a 24.8% upside from current levels. In a report released yesterday, RBC Capital also maintained a Buy rating on the stock with a C$24.00 price target.

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.