Stock Rating Upgrade
The Value Trend Rating for TransAlta Corp (NYSE: TAC) improved recently from C to B reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
TransAlta Corp (NYSE: TAC) stock increased 1.6% on 2/28/25. The shares closed at $10.34. Moreover, unusually high trading volume at 180% of normal accompanied the advance. The stock has declined -8.3% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
TransAlta has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. TransAlta has a slightly negative Appreciation Score of 32 but a very high Power Rating of 96, leading to the Positive Value Trend Rating.
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