{"id":68297,"date":"2025-10-15T03:47:07","date_gmt":"2025-10-15T03:47:07","guid":{"rendered":"https:\/\/www.stocktargetadvisor.com\/blog\/?p=68297"},"modified":"2025-10-15T03:47:07","modified_gmt":"2025-10-15T03:47:07","slug":"transalta-corp-jefferies-raised-valution-on-free-cash-flow-upgrade","status":"publish","type":"post","link":"https:\/\/www.stocktargetadvisor.com\/blog\/transalta-corp-jefferies-raised-valution-on-free-cash-flow-upgrade\/","title":{"rendered":"TransAlta Corp: Jefferies Raised Valution on Free Cash Flow Upgrade"},"content":{"rendered":"<article class=\"text-token-text-primary w-full focus:outline-none [--shadow-height:45px] has-data-writing-block:pointer-events-none has-data-writing-block:-mt-(--shadow-height) has-data-writing-block:pt-(--shadow-height) [&amp;:has([data-writing-block])&gt;*]:pointer-events-auto [content-visibility:auto] supports-[content-visibility:auto]:[contain-intrinsic-size:auto_100lvh] scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]\" dir=\"auto\" tabindex=\"-1\" data-turn-id=\"request-WEB:1f0ac6e6-c9d6-4c36-935e-34eeef87ac40-14\" data-testid=\"conversation-turn-30\" data-scroll-anchor=\"true\" data-turn=\"assistant\">\n<div class=\"text-base my-auto mx-auto pb-10 [--thread-content-margin:--spacing(4)] thread-sm:[--thread-content-margin:--spacing(6)] thread-lg:[--thread-content-margin:--spacing(16)] px-(--thread-content-margin)\">\n<div class=\"[--thread-content-max-width:40rem] thread-lg:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group\/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn\" tabindex=\"-1\">\n<div class=\"flex max-w-full flex-col grow\">\n<div class=\"min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal [.text-message+&amp;]:mt-5\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"59e84e3e-488a-468d-8477-4b86db2970e5\" data-message-model-slug=\"gpt-5\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden first:pt-[1px]\">\n<div class=\"markdown prose dark:prose-invert w-full break-words light markdown-new-styling\">\n<h2 data-start=\"0\" data-end=\"492\"><a href=\"https:\/\/www.stocktargetadvisor.com\/blog\/?p=68297&amp;preview=true\"><strong data-start=\"0\" data-end=\"26\">TransAlta Corp (TA:CA) (TAC)<\/strong><\/a><\/h2>\n<p data-start=\"0\" data-end=\"492\">Jefferies raised its12 month target price to <strong data-start=\"66\" data-end=\"84\">C$27 from C$20<\/strong>, citing expectations that sustained strength in Alberta\u2019s electricity prices will meaningfully enhance the company\u2019s free cash flow generation and earnings outlook. Analysts believe that the recent tightening in Alberta\u2019s power market, driven by growing demand, reduced reserve margins, and higher natural gas prices, creates a favorable environment for TransAlta\u2019s diversified generation portfolio.<\/p>\n<p data-start=\"494\" data-end=\"955\">Jefferies highlighted that TransAlta\u2019s strategic mix of hydroelectric, wind, and thermal generation assets provides both stability and leverage to elevated power prices, positioning the company to capture upside in a volatile energy pricing landscape. With increasing spot power prices and forward contracts trending above historical averages, analysts expect TransAlta\u2019s merchant exposure to translate into stronger operating cash flows through 2025.<\/p>\n<p data-start=\"957\" data-end=\"1429\">The firm also emphasized that higher cash generation should support accelerated deleveraging and capital returns, giving TransAlta greater flexibility to pursue growth initiatives, including renewable expansion and battery storage investments. Jefferies noted that the company\u2019s ongoing transition toward cleaner energy sources\u2014combined with prudent hedging and disciplined capital allocation\u2014continues to enhance its long-term risk profile and earnings quality.<\/p>\n<p data-start=\"1431\" data-end=\"1830\">Additionally, the report pointed out that improving regulatory visibility in Alberta and the company\u2019s efficiency initiatives could further strengthen margins and boost shareholder value. Jefferies believes that the market has not yet fully priced in TransAlta\u2019s improved fundamentals, presenting potential for multiple expansion as investor sentiment toward Canadian power producers improves.<\/p>\n<p data-start=\"1832\" data-end=\"2092\" data-is-last-node=\"\" data-is-only-node=\"\">Overall, the higher price target reflects Jefferies\u2019 confidence in TransAlta\u2019s ability to capitalize on elevated power pricing trends, deliver robust free cash flow, and maintain a strong position in the evolving North American energy transition landscape.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n","protected":false},"excerpt":{"rendered":"<p>TransAlta Corp (TA:CA) (TAC) Jefferies raised its12 month target price to C$27 from C$20, citing expectations that sustained strength in Alberta\u2019s electricity prices will meaningfully&#8230;<\/p>\n","protected":false},"author":3,"featured_media":68300,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"image","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-68297","post","type-post","status-publish","format-image","has-post-thumbnail","hentry","category-blog","post_format-post-format-image"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.4 (Yoast SEO v21.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>TransAlta Corp: Jefferies Raised Valution on Free Cash Flow Upgrade | Stock Target Advisor<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.stocktargetadvisor.com\/blog\/transalta-corp-jefferies-raised-valution-on-free-cash-flow-upgrade\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TransAlta Corp: Jefferies Raised Valution on Free Cash Flow Upgrade\" \/>\n<meta property=\"og:description\" content=\"TransAlta Corp (TA:CA) (TAC) Jefferies raised its12 month target price to C$27 from C$20, citing expectations that sustained strength in Alberta\u2019s electricity prices will meaningfully...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.stocktargetadvisor.com\/blog\/transalta-corp-jefferies-raised-valution-on-free-cash-flow-upgrade\/\" \/>\n<meta property=\"og:site_name\" content=\"Stock Target Advisor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/StockTargetAdvisor\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-10-15T03:47:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.stocktargetadvisor.com\/blog\/wp-content\/uploads\/2025\/10\/Transalta.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"STA Research\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@AdvisorTarget\" \/>\n<meta name=\"twitter:site\" content=\"@AdvisorTarget\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"STA Research\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/transalta-corp-jefferies-raised-valution-on-free-cash-flow-upgrade\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/transalta-corp-jefferies-raised-valution-on-free-cash-flow-upgrade\/\"},\"author\":{\"name\":\"STA Research\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/person\/e15ebb81d4f6861fcecbe1abc54e1cae\"},\"headline\":\"TransAlta Corp: Jefferies Raised Valution on Free Cash Flow Upgrade\",\"datePublished\":\"2025-10-15T03:47:07+00:00\",\"dateModified\":\"2025-10-15T03:47:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/transalta-corp-jefferies-raised-valution-on-free-cash-flow-upgrade\/\"},\"wordCount\":292,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#organization\"},\"articleSection\":[\"Market News &amp; Insights\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.stocktargetadvisor.com\/blog\/transalta-corp-jefferies-raised-valution-on-free-cash-flow-upgrade\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/transalta-corp-jefferies-raised-valution-on-free-cash-flow-upgrade\/\",\"url\":\"https:\/\/www.stocktargetadvisor.com\/blog\/transalta-corp-jefferies-raised-valution-on-free-cash-flow-upgrade\/\",\"name\":\"TransAlta Corp: Jefferies Raised Valution on Free Cash Flow Upgrade | Stock Target Advisor\",\"isPartOf\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#website\"},\"datePublished\":\"2025-10-15T03:47:07+00:00\",\"dateModified\":\"2025-10-15T03:47:07+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/transalta-corp-jefferies-raised-valution-on-free-cash-flow-upgrade\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.stocktargetadvisor.com\/blog\/transalta-corp-jefferies-raised-valution-on-free-cash-flow-upgrade\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/transalta-corp-jefferies-raised-valution-on-free-cash-flow-upgrade\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.stocktargetadvisor.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"TransAlta Corp: Jefferies Raised Valution on Free Cash Flow Upgrade\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#website\",\"url\":\"https:\/\/www.stocktargetadvisor.com\/blog\/\",\"name\":\"Stock Target Advisor\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.stocktargetadvisor.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#organization\",\"name\":\"Stock Target Advisor\",\"alternateName\":\"STA\",\"url\":\"https:\/\/www.stocktargetadvisor.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"http:\/\/stocktargetadvisor.com\/wp-content\/uploads\/2019\/10\/STAlogo.jpeg\",\"contentUrl\":\"http:\/\/stocktargetadvisor.com\/wp-content\/uploads\/2019\/10\/STAlogo.jpeg\",\"width\":\"225\",\"height\":\"225\",\"caption\":\"Stock Target Advisor\"},\"image\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/StockTargetAdvisor\/\",\"https:\/\/twitter.com\/AdvisorTarget\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/person\/e15ebb81d4f6861fcecbe1abc54e1cae\",\"name\":\"STA Research\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/13a95c75b44f95ead23f47f0bf10667e57b44ec5150180c8a39a39361cf56169?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/13a95c75b44f95ead23f47f0bf10667e57b44ec5150180c8a39a39361cf56169?s=96&d=mm&r=g\",\"caption\":\"STA Research\"},\"description\":\"STA Research (StockTargetAdvisor.com) is a independent Investment Research company that specializes in stock forecasting and analysis with integrated AI, based on our platform stocktargetadvisor.com, EST 2007.\",\"url\":\"https:\/\/www.stocktargetadvisor.com\/blog\/author\/sta-research\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"TransAlta Corp: Jefferies Raised Valution on Free Cash Flow Upgrade | Stock Target Advisor","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.stocktargetadvisor.com\/blog\/transalta-corp-jefferies-raised-valution-on-free-cash-flow-upgrade\/","og_locale":"en_US","og_type":"article","og_title":"TransAlta Corp: Jefferies Raised Valution on Free Cash Flow Upgrade","og_description":"TransAlta Corp (TA:CA) (TAC) Jefferies raised its12 month target price to C$27 from C$20, citing expectations that sustained strength in Alberta\u2019s electricity prices will meaningfully...","og_url":"https:\/\/www.stocktargetadvisor.com\/blog\/transalta-corp-jefferies-raised-valution-on-free-cash-flow-upgrade\/","og_site_name":"Stock Target Advisor","article_publisher":"https:\/\/www.facebook.com\/StockTargetAdvisor\/","article_published_time":"2025-10-15T03:47:07+00:00","og_image":[{"width":1280,"height":720,"url":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-content\/uploads\/2025\/10\/Transalta.jpg","type":"image\/jpeg"}],"author":"STA Research","twitter_card":"summary_large_image","twitter_creator":"@AdvisorTarget","twitter_site":"@AdvisorTarget","twitter_misc":{"Written by":"STA Research","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/transalta-corp-jefferies-raised-valution-on-free-cash-flow-upgrade\/#article","isPartOf":{"@id":"https:\/\/www.stocktargetadvisor.com\/blog\/transalta-corp-jefferies-raised-valution-on-free-cash-flow-upgrade\/"},"author":{"name":"STA Research","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/person\/e15ebb81d4f6861fcecbe1abc54e1cae"},"headline":"TransAlta Corp: Jefferies Raised Valution on Free Cash Flow Upgrade","datePublished":"2025-10-15T03:47:07+00:00","dateModified":"2025-10-15T03:47:07+00:00","mainEntityOfPage":{"@id":"https:\/\/www.stocktargetadvisor.com\/blog\/transalta-corp-jefferies-raised-valution-on-free-cash-flow-upgrade\/"},"wordCount":292,"commentCount":0,"publisher":{"@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#organization"},"articleSection":["Market News &amp; Insights"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.stocktargetadvisor.com\/blog\/transalta-corp-jefferies-raised-valution-on-free-cash-flow-upgrade\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/transalta-corp-jefferies-raised-valution-on-free-cash-flow-upgrade\/","url":"https:\/\/www.stocktargetadvisor.com\/blog\/transalta-corp-jefferies-raised-valution-on-free-cash-flow-upgrade\/","name":"TransAlta Corp: Jefferies Raised Valution on Free Cash Flow Upgrade | Stock Target Advisor","isPartOf":{"@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#website"},"datePublished":"2025-10-15T03:47:07+00:00","dateModified":"2025-10-15T03:47:07+00:00","breadcrumb":{"@id":"https:\/\/www.stocktargetadvisor.com\/blog\/transalta-corp-jefferies-raised-valution-on-free-cash-flow-upgrade\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.stocktargetadvisor.com\/blog\/transalta-corp-jefferies-raised-valution-on-free-cash-flow-upgrade\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/transalta-corp-jefferies-raised-valution-on-free-cash-flow-upgrade\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.stocktargetadvisor.com\/blog\/"},{"@type":"ListItem","position":2,"name":"TransAlta Corp: Jefferies Raised Valution on Free Cash Flow Upgrade"}]},{"@type":"WebSite","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#website","url":"https:\/\/www.stocktargetadvisor.com\/blog\/","name":"Stock Target Advisor","description":"","publisher":{"@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.stocktargetadvisor.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#organization","name":"Stock Target Advisor","alternateName":"STA","url":"https:\/\/www.stocktargetadvisor.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/logo\/image\/","url":"http:\/\/stocktargetadvisor.com\/wp-content\/uploads\/2019\/10\/STAlogo.jpeg","contentUrl":"http:\/\/stocktargetadvisor.com\/wp-content\/uploads\/2019\/10\/STAlogo.jpeg","width":"225","height":"225","caption":"Stock Target Advisor"},"image":{"@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/StockTargetAdvisor\/","https:\/\/twitter.com\/AdvisorTarget"]},{"@type":"Person","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/person\/e15ebb81d4f6861fcecbe1abc54e1cae","name":"STA Research","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/13a95c75b44f95ead23f47f0bf10667e57b44ec5150180c8a39a39361cf56169?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/13a95c75b44f95ead23f47f0bf10667e57b44ec5150180c8a39a39361cf56169?s=96&d=mm&r=g","caption":"STA Research"},"description":"STA Research (StockTargetAdvisor.com) is a independent Investment Research company that specializes in stock forecasting and analysis with integrated AI, based on our platform stocktargetadvisor.com, EST 2007.","url":"https:\/\/www.stocktargetadvisor.com\/blog\/author\/sta-research\/"}]}},"_links":{"self":[{"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/posts\/68297","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/comments?post=68297"}],"version-history":[{"count":3,"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/posts\/68297\/revisions"}],"predecessor-version":[{"id":68302,"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/posts\/68297\/revisions\/68302"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/media\/68300"}],"wp:attachment":[{"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/media?parent=68297"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/categories?post=68297"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/tags?post=68297"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}