TC Energy Co. (TSE:TRP) Senior Officer Dawn Elizabeth De Lima Sells 64,802 Shares

TC Energy Co. (TSE:TRP) (NYSE:TRP) Senior Officer Dawn Elizabeth De Lima sold 64,802 shares of the business’s stock in a transaction that occurred on Wednesday, March 19th. The shares were sold at an average price of C$69.16, for a total transaction of C$4,481,913.69.

Dawn Elizabeth De Lima also recently made the following trade(s):

• On Wednesday, February 26th, Dawn Elizabeth De Lima sold 50,685 shares of TC Energy stock. The shares were sold at an average price of C$63.27, for a total transaction of C$3,206,915.98.

TC Energy Stock Up 1.8 %

TSE TRP opened at C$70.42 on Friday. The stock’s 50-day moving average price is C$66.45 and its 200-day moving average price is C$65.79. The company has a quick ratio of 0.40, a current ratio of 1.31 and a debt-to-equity ratio of 237.62. TC Energy Co. has a 52 week low of C$43.83 and a 52 week high of C$70.61. The company has a market capitalization of C$72.62 billion, a P/E ratio of 14.00, a price-to-earnings-growth ratio of 1.69 and a beta of 0.82.

Wall Street Analyst Weigh In

TRP has been the topic of a number of research analyst reports. Veritas raised shares of TC Energy from a “strong sell” rating to a “strong-buy” rating in a report on Tuesday, February 18th. CIBC boosted their target price on shares of TC Energy from C$68.00 to C$70.00 and gave the stock a “neutral” rating in a report on Thursday, January 9th. TD Securities set a C$73.00 price objective on shares of TC Energy and gave the stock a “buy” rating in a research report on Wednesday, January 15th. Jefferies Financial Group boosted their target price on shares of TC Energy from C$65.00 to C$71.00 in a research report on Thursday, January 30th. Finally, Royal Bank of Canada boosted their price target on TC Energy from C$71.00 to C$74.00 in a research note on Tuesday, February 18th. Six analysts have rated the stock with a hold rating, five have issued a buy rating and three have given a strong buy rating to the stock. According to MarketBeat, the company has a consensus 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.