TC Energy Co. (TSE:TRP) Senior Officer Dawn Elizabeth De Lima Sells 50,685 Shares

TC Energy Co. (TSE:TRP) (NYSE:TRP) Senior Officer Dawn Elizabeth De Lima sold 50,685 shares of the company’s stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of C$63.27, for a total transaction of C$3,206,915.98.

TC Energy Price Performance

Shares of TC Energy stock opened at C$64.03 on Friday. TC Energy Co. has a 1-year low of C$43.83 and a 1-year high of C$70.32. The firm’s 50-day moving average price is C$66.57 and its two-hundred day moving average price is C$65.08. The company has a current ratio of 1.31, a quick ratio of 0.40 and a debt-to-equity ratio of 237.62. The stock has a market capitalization of C$66.03 billion, a price-to-earnings ratio of 12.73, a P/E/G ratio of 1.69 and a beta of 0.82.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on TRP shares. JPMorgan Chase & Co. lifted their target price on TC Energy from C$70.00 to C$79.00 in a research report on Monday, November 18th. Barclays lifted their price objective on TC Energy from C$67.00 to C$74.00 in a report on Wednesday, November 20th. Veritas raised shares of TC Energy from a “strong sell” rating to a “strong-buy” rating in a report on Tuesday, February 18th. Scotiabank increased their price objective on shares of TC Energy from C$74.00 to C$75.00 in a research note on Wednesday, November 20th. Finally, Jefferies Financial Group lifted their target price on shares of TC Energy from C$65.00 to C$71.00 in a research report on Thursday, January 30th. Six investment analysts have rated the stock with a hold rating, five have given a buy rating and three have given a strong buy rating to the stock. According to MarketBeat.com, TC Energy presently has a consensus rating of “Moderate Buy” and an average target price of C$73.25.

TC Energy Company Profile

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.