Insider Selling: TC Energy Co. (TSE:TRP) Director Sells 5,089 Shares of Stock

TC Energy Co. (TSE:TRP) (NYSE:TRP) Director Rosemary K. Stevens sold 5,089 shares of the stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of C$67.19, for a total value of C$341,919.73.

TC Energy Stock Performance

Shares of TSE TRP opened at C$67.01 on Thursday. The company has a quick ratio of 0.40, a current ratio of 1.31 and a debt-to-equity ratio of 237.62. The business’s 50 day moving average is C$66.44 and its two-hundred day moving average is C$65.50. The company has a market cap of C$69.10 billion, a P/E ratio of 13.33, a P/E/G ratio of 1.69 and a beta of 0.82. TC Energy Co. has a 12 month low of C$43.83 and a 12 month high of C$70.32.

Wall Street Analysts Forecast Growth

TRP has been the subject of a number of recent research reports. National Bankshares raised their price target on TC Energy from C$70.00 to C$71.00 in a research note on Wednesday, November 20th. US Capital Advisors raised TC Energy from a “hold” rating to a “moderate buy” rating in a research note on Monday, February 3rd. Wells Fargo & Company raised their price target on TC Energy from C$74.00 to C$76.00 in a research note on Wednesday, November 20th. Scotiabank raised their price target on TC Energy from C$74.00 to C$75.00 in a research note on Wednesday, November 20th. Finally, TD Securities set a C$73.00 price target on TC Energy and gave the stock a “buy” rating in a research note on Wednesday, January 15th. Six analysts have rated the stock with a hold rating, five have assigned a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat.com, TC Energy has a consensus rating of “Moderate Buy” and a consensus target price of C$73.25.

About TC Energy

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.