Francois Lionel Poirier Acquires 4,800 Shares of TC Energy Co. (TSE:TRP) Stock

TC Energy Co. (TSE:TRP) (NYSE:TRP) Director Francois Lionel Poirier purchased 4,800 shares of the stock in a transaction dated Tuesday, February 18th. The shares were acquired at an average price of C$65.05 per share, for a total transaction of C$312,239.52.

Francois Lionel Poirier also recently made the following trade(s):

• On Wednesday, November 20th, Francois Lionel Poirier sold 118,243 shares of TC Energy stock. The shares were sold at an average price of C$68.38, for a total value of C$8,085,219.85.

TC Energy Stock Performance

TRP opened at C$65.26 on Thursday. The company has a market cap of C$67.30 billion, a PE ratio of 12.98, a price-to-earnings-growth ratio of 1.69 and a beta of 0.82. The stock has a 50-day moving average of C$66.81 and a 200-day moving average of C$64.92. TC Energy Co. has a 52-week low of C$43.83 and a 52-week high of C$70.32. The company has a debt-to-equity ratio of 237.62, a quick ratio of 0.40 and a current ratio of 1.31.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on TRP. BMO Capital Markets lifted their price target on TC Energy from C$70.00 to C$73.00 in a report on Friday, November 29th. Wells Fargo & Company lifted their price target on TC Energy from C$74.00 to C$76.00 in a report on Wednesday, November 20th. Raymond James upgraded TC Energy to a “hold” rating in a report on Thursday, November 21st. CIBC boosted their target price on TC Energy from C$68.00 to C$70.00 and gave the company a “neutral” rating in a research note on Thursday, January 9th. Finally, US Capital Advisors upgraded TC Energy from a “hold” rating to a “moderate buy” rating in a research note on Monday, February 3rd. One analyst has rated the stock with a sell rating, six have assigned a hold rating, five have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, TC Energy presently has an average rating of “Moderate Buy” and an average 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.