TC Energy Co. (TSE:TRP) Director Danika Yeager Purchases 1,817 Shares

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

TC Energy Stock Down 0.4 %

TRP stock opened at C$68.82 on Friday. The stock 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. The company has a current ratio of 1.31, a quick ratio of 0.40 and a debt-to-equity ratio of 237.62. TC Energy Co. has a twelve month low of C$43.83 and a twelve month high of C$70.97. The company’s 50 day moving average is C$66.74 and its two-hundred day moving average is C$66.11.

Analyst Ratings Changes

A number of brokerages have issued reports on TRP. US Capital Advisors upgraded shares of TC Energy from a “hold” rating to a “moderate buy” rating in a research note on Monday, February 3rd. Royal Bank of Canada increased their target price on shares of TC Energy from C$71.00 to C$74.00 in a report on Tuesday, February 18th. CIBC boosted their price target on shares of TC Energy from C$68.00 to C$70.00 and gave the stock a “neutral” rating in a research note on Thursday, January 9th. TD Securities set a C$73.00 price objective on TC Energy and gave the company a “buy” rating in a research note on Wednesday, January 15th. Finally, Jefferies Financial Group boosted their target price on TC Energy from C$65.00 to C$71.00 in a research note on Thursday, January 30th. Six analysts have rated the stock with a hold rating, five have assigned a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently 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.