Cibc World Mkts downgrades TransAlta's stock rating, but overall consensus remains a "Moderate Buy."

Cibc World Mkts has downgraded TransAlta's stock rating from "strong-buy" to "hold," while other analysts have varied opinions, including some "strong-buy" ratings. TransAlta, an energy company, operates in hydro, wind, solar, gas, and energy marketing. Despite the downgrade, the overall consensus rating for TransAlta is "Moderate Buy" with a target price of C$18.33. The company has a market cap of $3.95 billion.

2 months ago
4 Articles

Further Reading