CIBC upgraded shares of TransAlta (TSE:TA – Free Report) (NYSE:TAC) from a neutral rating to an outperform rating in a research note published on Tuesday morning,BayStreet.CA reports.
TransAlta has a twelve month low of $5.94 and a twelve month high of $14.64. The company has a market cap of $3.24 billion, a price-to-earnings ratio of 26.53 and a beta of 0.83.
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