Wall Street Analysts Think TransAlta (TAC) Could Surge 47.5%: Read This Before Placing a Bet

TransAlta (TAC) closed the last trading session at $8.99, gaining 22.2% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of$ 13.26 indicates a 47.5% upside potential. The average comprises seven short-term price targets ranging from a low of $10.90 to a high of$ 19.18, with a standard deviation of $3.52. While the lowest estimate indicates an increase of 21.3% from the current price le ...