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.
CIBC Reaffirms Their Buy Rating on TransAlta (TAC)
In a report released today, Mark Jarvi from CIBC maintained a Buy rating on TransAlta, with a price target of C$25.00.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Jarvi covers the Utilities sector, focusing on stocks such as TransAlta, Clearway Energy, and ATCO Ltd Cl I NV. According to TipRanks, Jarvi has an average return of 12.9% and a 68.18% success rate on recommended stocks.
In addition to CIBC, TransAlta also received a Buy from BMO Capital’s Benjamin Pham in a report issued yesterday. However, today, TipRanks – Anthropic reiterated a Hold rating on TransAlta (NYSE: TAC).
The company has a one-year high of C$25.03 and a one-year low of C$11.16. Currently, TransAlta has an average volume of 1.17M.
Read More on TAC:
Disclaimer & DisclosureReport an Issue
- TransAlta Signs MOU to Power 1 GW Data Centre Hub at Keephills Site
- TransAlta Schedules March 23 Investor Day to Outline Strategy and Growth Plans
- TransAlta Posts Strong 2025 Results, Closes Ontario Gas Deal and Advances Data Centre Strategy Ahead of CEO Transition
- TransAlta Lifts Dividend as 2025 Results Highlight Strategy Shift to Data Centres and Gas Conversion
- TransAlta sees FY26 adjusted EBITDA C$950M-C$1.05B
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.
