TransAlta Renewables Inc (RNW.CA) Stock Analyst Ratings
Canada - Toronto Stock Exchange - TSX:RNW - CA8934631091 - Common Stock
12.48 CAD
+0.14 (+1.13%)
ChartMill assigns a Buy % Consensus number of 51% to RNW.CA. The Buy consensus is the weighted average rating of the current analysts ratings.
- Analysts have set a mean price target forecast of 13.25. This target is 6.14% above the current price.
- RNW.CA was analyzed by 13 analysts. The buy percentage consensus is at 51. So analysts seem to be rather neutral about RNW.CA.
- In the previous month the buy percentage consensus was at a similar level.
- RNW.CA was analyzed by 13 analysts, which is quite many. So the average rating should be quite meaningful.
Price Target & Forecast
| Date | Firm | Action | Rating |
|---|---|---|---|
| 2022-12-15 | National Bank of Canada Financial | Downgrade | Sector Perform |
| 2022-11-28 | Industrial Alliance Securities | Initiate | Buy |
| 2022-11-07 | Raymond James Capital | Downgrade | Market Perform |
| 2022-11-07 | RBC Royalbank | Downgrade | Sector Perform |
| 2022-11-07 | TD Research | Downgrade | Hold |
| 2022-11-07 | Scotiabank Capital | Maintains | Sector Perform |
| 2022-11-04 | CIBC Capital Markets | Maintains | Outperform |
| 2022-10-25 | Credit Suisse | Downgrade | Sector Perform |
| 2022-10-20 | Scotiabank Capital | Downgrade | Strong Buy |
| 2022-10-18 | CIBC Capital Markets | Downgrade | |
| 2022-10-07 | National Bank of Canada Financial | Downgrade | Sector Perform |
| 2022-08-24 | Scotiabank Capital | Maintains | Sector Perform |
| 2022-08-24 | Credit Suisse | Upgrade | |
| 2022-08-08 | National Bank of Canada Financial | Upgrade | Sector Perform |
| 2022-08-05 | Scotiabank Capital | Maintains | Sector Perform |
| 2022-08-04 | CIBC Capital Markets | Maintains | Neutral |
| 2022-07-21 | CIBC Capital Markets | Downgrade | |
| 2022-05-09 | National Bank of Canada Financial | Upgrade | Sector Perform |
| 2022-05-05 | Raymond James Capital | Initiate | Market Perform |
| 2022-05-05 | RBC Royalbank | Downgrade | Sector Perform |
| 2022-05-05 | TD Research | Upgrade | Hold |
| 2022-05-05 | Scotiabank Capital | Maintains | Sector Perform |
| 2022-04-28 | National Bank of Canada Financial | Upgrade | Sector Perform |
| 2022-04-13 | RBC Royalbank | Downgrade | Sector Perform |
| 2022-02-28 | CIBC Capital Markets | Downgrade | Neutral |
| 2022-02-25 | Raymond James Capital | Initiate | Market Perform |
| 2022-02-25 | Scotiabank Capital | Maintains | Sector Perform |
| 2022-01-26 | CIBC Capital Markets | Downgrade | Neutral |
| 2022-01-12 | RBC Royalbank | Upgrade | Outperform |
| 2022-01-12 | National Bank of Canada Financial | Downgrade | Sector Perform |
TransAlta Renewables Inc / RNW.CA FAQ
What is the average price target for TransAlta Renewables Inc (RNW.CA) stock?
13 analysts have analysed RNW.CA and the average price target is 13.25 CAD. This implies a price increase of 6.14% is expected in the next year compared to the current price of 12.48.
How do analysts rate TransAlta Renewables Inc (RNW.CA)?
The consensus rating for TransAlta Renewables Inc (RNW.CA) is 50.7692 / 100 . This indicates that analysts generally have a neutral outlook on the stock.