TC Energy Co. (TSE:TRP - Get Free Report) NYSE: TRP Senior Officer Michele L. Waters acquired 1,525 shares of the business's stock in a transaction dated Thursday, February 20th. The stock was acquired at an average price of C$64.68 per share, with a total value of C$98,630.90.
TC Energy Trading Down 0.8 %
TRP stock traded down C$0.50 during trading on Friday, reaching C$63.98. 2,299,112 shares of the stock were exchanged, compared to its average volume of 4,370,485. The business has a 50 day moving average price of C$66.73 and a 200-day moving average price of C$64.95. 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 current ratio of 1.31, a quick ratio of 0.40 and a debt-to-equity ratio of 237.62. The firm has a market capitalization of C$65.98 billion, a price-to-earnings ratio of 12.72, a P/E/G ratio of 1.69 and a beta of 0.82.
Analyst Ratings Changes
Several brokerages have recently issued reports on TRP. US Capital Advisors upgraded shares of TC Energy from a "hold" rating to a "moderate buy" rating in a research report on Monday, February 3rd. Barclays raised their price target on shares of TC Energy from C$67.00 to C$74.00 in a research note on Wednesday, November 20th. Royal Bank of Canada boosted their price objective on TC Energy from C$71.00 to C$74.00 in a research note on Tuesday. Wells Fargo & Company raised their target price on TC Energy from C$74.00 to C$76.00 in a research report on Wednesday, November 20th. Finally, Veritas raised TC Energy from a "strong sell" rating to a "strong-buy" rating in a research note on Tuesday. Six analysts have rated the stock with a hold rating, five have given a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of C$73.25.
Check Out Our Latest Stock Report on TC Energy
TC Energy Company Profile
(
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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.
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