Danika Yeager Acquires 1,817 Shares of TC Energy Co. (TSE:TRP) Stock

TC Energy Co. (TSE:TRP - Get Free Report) NYSE: TRP Director Danika Yeager bought 1,817 shares of TC Energy stock in a transaction dated Thursday, March 27th. The shares were acquired at an average price of C$69.23 per share, with a total value of C$125,784.97.

TC Energy Price Performance

Shares of TRP stock traded down C$0.01 on Monday, hitting C$67.96. 19,009,925 shares of the company's stock were exchanged, compared to its average volume of 6,069,188. TC Energy Co. has a 12 month low of C$43.83 and a 12 month high of C$70.97. 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 company has a 50 day moving average of C$66.74 and a 200 day moving average of C$66.15. The stock has a market cap of C$70.08 billion, a P/E ratio of 13.52, a price-to-earnings-growth ratio of 1.69 and a beta of 0.82.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on TRP. Veritas raised shares of TC Energy from a "strong sell" rating to a "strong-buy" rating in a report on Tuesday, February 18th. TD Securities set a C$73.00 price target on TC Energy and gave the stock a "buy" rating in a report on Wednesday, January 15th. US Capital Advisors raised TC Energy from a "hold" rating to a "moderate buy" rating in a report on Monday, February 3rd. Jefferies Financial Group lifted their target price on TC Energy from C$65.00 to C$71.00 in a report on Thursday, January 30th. Finally, CIBC upped their price target on shares of TC Energy from C$68.00 to C$70.00 and gave the company a "neutral" rating in a research note on Thursday, January 9th. Six analysts have rated the stock with a hold rating, five have issued a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat, TC Energy presently has a consensus rating of "Moderate Buy" and a consensus price target 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.