TC Energy Co. (TSE:TRP - Get Free Report) (NYSE:TRP) Director Trevor Ebl purchased 1,470 shares of the business's stock in a transaction dated Friday, March 14th. The shares were purchased at an average price of C$67.85 per share, with a total value of C$99,732.15.
TC Energy Stock Performance
Shares of TRP stock opened at C$68.20 on Tuesday. The firm has a 50 day moving average of C$66.41 and a two-hundred day moving average of C$65.68. The stock has a market capitalization of C$70.33 billion, a PE ratio of 13.56, a P/E/G ratio of 1.69 and a beta of 0.82. The company has a quick ratio of 0.40, a current ratio of 1.31 and a debt-to-equity ratio of 237.62. TC Energy Co. has a 52 week low of C$43.83 and a 52 week high of C$70.32.
Analysts Set New Price Targets
Several research firms have issued reports on TRP. Veritas raised TC Energy from a "strong sell" rating to a "strong-buy" rating in a research note on Tuesday, February 18th. CIBC boosted their price objective on shares of TC Energy from C$68.00 to C$70.00 and gave the company a "neutral" rating in a report on Thursday, January 9th. Raymond James raised shares of TC Energy to a "hold" rating in a research note on Thursday, November 21st. Royal Bank of Canada lifted their price target on shares of TC Energy from C$71.00 to C$74.00 in a research report on Tuesday, February 18th. Finally, US Capital Advisors upgraded shares of TC Energy from a "hold" rating to a "moderate buy" rating in a report on Monday, February 3rd. Six analysts have rated the stock with a hold rating, five have given a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of C$73.25.
Check Out Our Latest Research Report on TC Energy
TC Energy Company Profile
(
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TC Energy Corporation operates as an energy infrastructure company in North America. It operates through five segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; Liquids Pipelines; and Power and Energy Solutions. The company builds and operates a network of 93,600 kilometers of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses.
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