TransAlta Stock Downgraded On Recent Gains, Economic Headwinds, And Changing Interest Rate Environment [Seeking Alpha]
TransAlta Corporation Ordinary Shares (TAC)
Last transalta corporation ordinary shares earnings: 3/4 07:00 am
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US:NYSE Investor Relations:
transalta.com/investors
Company Research
Source: Seeking Alpha
2 Comments Dmytro Konovalov Follower s Follow Play 13min Summary I downgrade TransAlta's common shares from Buy to Hold due to strong recent performance, Alberta market headwinds, and a challenging macroeconomic environment. The macroeconomic factors include a potential increase in gas supply, lower than before US government support for renewable energy projects, and a changing interest rate environment. In addition to fundamental analysis, this article examines the potential impact of changes in interest rates on TAC's common shares. The GOC and Fed's interest rate cuts and increased interest rates for longer-term government bonds could normalize the yield curves, which often coincide with economic recessions. Jonathan Knowles I hope this article will not disappoint my readers and followers as the ideas here are not as actionable as those discussed in: ' TC Energy: South Bow Spinoff Unlocking Value, Improving Shareholder Returns. ' Investors who purchased sha
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TAC
News
- rotary canada alberta woman donation dispute [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- TransAlta (TSX:TA) Eyes Growth with New Product Launches and Technological Innovations Despite Challenges [Yahoo! Finance]Yahoo! Finance
- TransAlta reaches deal with Competition Bureau to address Heartland deal concerns [BNN Bloomberg (Canada)]BNN Bloomberg
- TransAlta reaches deal with Competition Bureau to address Heartland deal concerns [Yahoo! Finance Canada]Yahoo! Finance Canada
- TransAlta reaches deal with Competition Bureau to address Heartland deal concerns [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
TAC
Earnings
- 11/5/24 - Beat
TAC
Sec Filings
- 11/14/24 - Form 6-K
- 11/5/24 - Form 6-K
- 11/5/24 - Form 6-K
- TAC's page on the SEC website