Gregory Romero Purchases 1,600 Shares of TC Energy Co. (TSE:TRP) Stock

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

TC Energy Stock Performance

TSE TRP opened at C$63.69 on Thursday. TC Energy Co. has a 1 year low of C$43.83 and a 1 year high of C$70.32. 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 firm has a market cap of C$65.68 billion, a price-to-earnings ratio of 12.67, a PEG ratio of 1.69 and a beta of 0.82. The company has a fifty day moving average price of C$66.60 and a 200-day moving average price of C$65.09.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. CIBC lifted their target price on TC Energy from C$68.00 to C$70.00 and gave the stock a “neutral” rating in a report on Thursday, January 9th. JPMorgan Chase & Co. upped their target price on shares of TC Energy from C$70.00 to C$79.00 in a research note on Monday, November 18th. Raymond James raised shares of TC Energy to a “hold” rating in a research report on Thursday, November 21st. Wells Fargo & Company raised their target price on shares of TC Energy from C$74.00 to C$76.00 in a research report on Wednesday, November 20th. Finally, Scotiabank increased their price target on shares of TC Energy from C$74.00 to C$75.00 in a research note on Wednesday, November 20th. Six research analysts have rated the stock with a hold rating, five have assigned a buy rating and three have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average 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.