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TA:CC - TransAlta: Renewable Growth Stories At Great Valuations
May, 26 2022 10:53 AM
Transalta Corporation
TransAlta Corporation has outperformed its subsidiary, TransAlta Renewables, over the last few months. Valuation still remains extremely compelling for the parent. Massive free cash flow means that TransAlta Corporation does not need to pass opportunities to TransAlta Renewables. But we still think it will do more drop-downs, and we are upgrading TransAlta Renewables to a buy as well. For further details see:
TransAlta: Renewable Growth Stories At Great Valuations
Stock Information
Company Name:
Transalta Corporation
Stock Symbol:
TA:CC
Market:
TSXC
Website:
transalta.com
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