TC Energy Co. (TSE:TRP) Director Danika Yeager Purchases 1,817 Shares

TC Energy Co. (TSE:TRP) (NYSE:TRP) Director Danika Yeager purchased 1,817 shares of the business’s stock in a transaction dated Thursday, March 27th. The shares were acquired at an average price of C$69.23 per share, for a total transaction of C$125,784.97.

TC Energy Trading Down 0.0 %

TRP stock traded down C$0.02 on Thursday, reaching C$69.17. The company’s stock had a trading volume of 3,105,620 shares, compared to its average volume of 5,622,701. The firm has a market cap of C$71.33 billion, a PE ratio of 13.76, a PEG ratio of 1.69 and a beta of 0.82. The business has a fifty day simple moving average of C$66.69 and a two-hundred day simple moving average of C$66.04. TC Energy Co. has a 12-month low of C$43.83 and a 12-month high of C$70.97. The company has a debt-to-equity ratio of 237.62, a quick ratio of 0.40 and a current ratio of 1.31.

Analysts Set New Price Targets

Several brokerages have issued reports on TRP. Jefferies Financial Group increased their price target on TC Energy from C$65.00 to C$71.00 in a report on Thursday, January 30th. TD Securities set a C$73.00 target price on shares of TC Energy and gave the stock a “buy” rating in a report on Wednesday, January 15th. CIBC raised their target price on TC Energy from C$68.00 to C$70.00 and gave the company a “neutral” rating in a report on Thursday, January 9th. BMO Capital Markets lifted their target price on TC Energy from C$70.00 to C$73.00 in a research note on Friday, November 29th. Finally, Royal Bank of Canada increased their target price on TC Energy from C$71.00 to C$74.00 in a research report on Tuesday, February 18th. Six research analysts have rated the stock with a hold rating, five have issued a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus 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.