Francois Lionel Poirier Purchases 4,800 Shares of TC Energy Co. (TSE:TRP) Stock

TC Energy Co. (TSE:TRP - Get Free Report) NYSE: TRP Director Francois Lionel Poirier bought 4,800 shares of the firm's stock in a transaction on Tuesday, February 18th. The stock was acquired at an average cost of C$65.05 per share, with a total value of C$312,239.52.

Francois Lionel Poirier also recently made the following trade(s):

• On Wednesday, November 20th, Francois Lionel Poirier sold 118,243 shares of TC Energy stock. The stock was sold at an average price of C$68.38, for a total transaction of C$8,085,219.85.

TC Energy Stock Performance

TSE TRP traded down C$0.50 on Friday, reaching C$63.98. 2,299,112 shares of the stock were exchanged, compared to its average volume of 4,370,485. TC Energy Co. has a one year low of C$43.83 and a one year high of C$70.32. The firm has a market capitalization of C$65.98 billion, a PE ratio of 12.72, a PEG ratio of 1.69 and a beta of 0.82. The company's 50-day simple moving average is C$66.73 and its two-hundred day simple moving average is C$64.95. The company has a current ratio of 1.31, a quick ratio of 0.40 and a debt-to-equity ratio of 237.62.

Wall Street Analysts Forecast Growth

TRP has been the topic of several research reports. Jefferies Financial Group raised their target price on shares of TC Energy from C$65.00 to C$71.00 in a report on Thursday, January 30th. Barclays raised their price target on TC Energy from C$67.00 to C$74.00 in a research note on Wednesday, November 20th. BMO Capital Markets lifted their price objective on TC Energy from C$70.00 to C$73.00 in a report on Friday, November 29th. Raymond James raised TC Energy to a "hold" rating in a report on Thursday, November 21st. Finally, US Capital Advisors upgraded TC Energy from a "hold" rating to a "moderate buy" rating in a research note on Monday, February 3rd. Six research 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. According to MarketBeat.com, the stock currently has an average 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.