TC Energy Co. (TSE:TRP) Director Purchases C$125,784.97 in Stock

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

TC Energy Price Performance

Shares of TRP opened at C$68.82 on Friday. 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 current ratio of 1.31 and a quick ratio of 0.40. The stock has a fifty day moving average price of C$66.74 and a 200 day moving average price of C$66.13. The company has a market cap of C$70.97 billion, a P/E ratio of 13.69, a PEG ratio of 1.69 and a beta of 0.82.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. US Capital Advisors raised TC Energy from a “hold” rating to a “moderate buy” rating in a research report on Monday, February 3rd. CIBC upped their price target on shares of TC Energy from C$68.00 to C$70.00 and gave the company a “neutral” rating in a report on Thursday, January 9th. Royal Bank of Canada raised their price objective on shares of TC Energy from C$71.00 to C$74.00 in a report on Tuesday, February 18th. Jefferies Financial Group upped their target price on shares of TC Energy from C$65.00 to C$71.00 in a research note on Thursday, January 30th. 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 research 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 company. According to MarketBeat, TC Energy currently has a consensus 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.