TC Energy Co. (TSE:TRP) Director Gregory Romero Acquires 1,600 Shares

TC Energy Co. (TSE:TRP) (NYSE:TRP) Director Gregory Romero purchased 1,600 shares of the business’s stock in a transaction that occurred on Wednesday, February 26th. The stock was acquired at an average price of C$43.95 per share, for a total transaction of C$70,319.84.

TC Energy Stock Performance

TRP traded up C$0.21 during trading hours on Wednesday, hitting C$63.58. The stock had a trading volume of 928,507 shares, compared to its average volume of 4,206,724. The company’s fifty day simple moving average is C$66.63 and its 200 day simple moving average is C$65.10. TC Energy Co. has a 1 year low of C$43.83 and a 1 year high of C$70.32. The stock has a market cap of C$65.57 billion, a PE ratio of 12.64, a price-to-earnings-growth 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.

Analyst Ratings Changes

TRP has been the subject of several analyst reports. National Bankshares upped their price target on TC Energy from C$70.00 to C$71.00 in a research note on Wednesday, November 20th. ATB Capital upped their target price on shares of TC Energy from C$64.00 to C$65.00 in a research note on Friday, November 8th. Barclays upped their price target on shares of TC Energy from C$67.00 to C$74.00 in a research note on Wednesday, November 20th. Wells Fargo & Company raised their target price on shares of TC Energy from C$74.00 to C$76.00 in a research note on Wednesday, November 20th. Finally, Veritas raised shares of TC Energy from a “strong sell” rating to a “strong-buy” rating in a research note on Tuesday, February 18th. Six investment 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 company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target 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.