Transalta Renewables Receives New Coverage from Analysts at RBC Capital (RNW)
Equities researchers at RBC Capital started coverage on shares of Transalta Renewables (TSE:RNW) in a research report issued on Wednesday, Stock Ratings Network.com reports. The firm set a “sector perform” rating and a C$11.00 price target on the stock. RBC Capital’s target price suggests a potential upside of 10.00% from the company’s current price.
Separately, analysts at National Bank Financial initiated coverage on shares of Transalta Renewables (TSE:RNW) in a research note to investors on Tuesday. They set a “sector perform” rating and a C$10.75 price target on the stock.
Transalta Renewables (TSE:RNW) traded up 0.30% during mid-day trading on Wednesday, hitting $10.00. The stock had a trading volume of 49,900 shares. Transalta Renewables has a one year low of $9.88 and a one year high of $10.14. The stock has a 50-day moving average of $10. and a 200-day moving average of $10.. The company’s market cap is $1.147 billion.
TransAlta Renewables Inc is a generator and marketer of electricity and renewable power. The Company owns a portfolio of renewable power generation facilities.
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