TC Energy (TRP) Stock Forecast & Price Target

$49.61 +0.11 (+0.22%)

Closing price 04/25/2025 03:59 PM Eastern

Extended Trading

$49.04 -0.57 (-1.14%)

As of 04/25/2025 07:36 PM Eastern

TC Energy - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 10 Analyst Ratings

Sell
1

Hold
2

Buy
7

Based on 10 Wall Street analysts who have issued ratings for TC Energy in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 10 analysts, 1 has given a sell rating, 2 have given a hold rating, 6 have given a buy rating, and 1 has given a strong buy rating for TRP.

Consensus Price Target

$62.00
24.97% Upside

According to the 10 analysts' twelve-month price targets for TC Energy, the average price target is $62.00. The highest price target for TRP is $74.00, while the lowest price target for TRP is $42.00. The average price target represents a forecasted upside of 24.97% from the current price of $49.61.

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TRP Analyst Ratings Over Time

Type	Current Forecast 4/27/24 to 4/27/25	1 Month Ago 3/28/24 to 3/28/25	3 Months Ago 1/28/24 to 1/27/25	1 Year Ago 4/28/23 to 4/27/24
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	6 Buy rating(s)	6 Buy rating(s)	5 Buy rating(s)	5 Buy rating(s)
Hold	2 Hold rating(s)	1 Hold rating(s)	2 Hold rating(s)	6 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	2 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$62.00	$62.00	$55.67	$48.83
Forecasted Upside	24.97% Upside	29.12% Upside	21.81% Upside	35.27% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Hold	Hold

TRP Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

TRP Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

TC Energy Stock vs. The Competition

Type	TC Energy	Energy Companies	S&P 500
Consensus Rating Score	2.70	2.69	2.54
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	24.97% Upside	843.22% Upside	21.41% Upside
News Sentiment Rating	Positive News See Recent TRP News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
4/4/2025	Citigroup 2 of 5 stars	S. Dounis Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy ➝ Neutral
2/18/2025	Veritas 0 of 5 stars	D. Mccoubrey Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong Sell ➝ Strong-Buy
2/18/2025	Royal Bank of Canada 4 of 5 stars	Maurice Choy Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$71.00 ➝ $74.00	+59.57%
2/3/2025	US Capital Advisors Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Carreker Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Moderate Buy
1/15/2025	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating	L. Ezergailis Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy
11/20/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Market Perform ➝ Market Perform	$66.00 ➝ $70.00	+42.28%
10/25/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underweight ➝ Overweight
10/21/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sell ➝ Sell	$38.00 ➝ $42.00	-11.28%
10/14/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Overweight
9/30/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Gupta Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy
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7/17/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	T. Chen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Equal Weight ➝ Overweight
2/27/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold
1/18/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy
10/25/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Equal Weight ➝ Overweight
10/17/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underperform ➝ Peer Perform
7/31/2023	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$64.00 ➝ $55.00	+53.98%
7/28/2023	National Bank Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	P. Kenny Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Sector Perform ➝ Outperform
7/24/2023	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Sector Outperform ➝ Neutral

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 11:15 AM ET.

Should I Buy TC Energy Stock? TRP Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, April 22, 2025. Please send any questions or comments about these TC Energy pros and cons to contact@marketbeat.com.

TC Energy
Bull Case

Here are some ways that investors could benefit from investing in TC Energy Co.:

The current stock price is around $48.48, which may present a buying opportunity for investors looking for value in the energy sector.
TC Energy Co. has recently increased its quarterly dividend to $0.85 per share, reflecting a commitment to returning value to shareholders and a strong annual yield of approximately 6.88%.
The company reported a significant earnings per share (EPS) of $1.05 for the latest quarter, surpassing analysts' expectations, indicating strong financial performance.
With a market capitalization of over $50 billion, TC Energy Co. is a major player in the energy infrastructure sector, providing stability and potential for growth.
Analysts have a consensus rating of "Moderate Buy" for TC Energy Co., with a target price of $62.00, suggesting potential upside for investors.

TC Energy
Bear Case

Investors should be bearish about investing in TC Energy Co. for these reasons:

The stock has experienced fluctuations, with a 52-week low of $35.38, indicating potential volatility that could concern risk-averse investors.
Despite the recent dividend increase, the company's payout ratio is at 72.84%, which may raise concerns about sustainability in the long term if earnings do not continue to grow.
TC Energy Co. has a relatively high debt-to-equity ratio of 1.56, suggesting that the company relies significantly on debt financing, which could pose risks in a rising interest rate environment.
Recent analyst ratings include a mix of hold and sell recommendations, indicating some uncertainty about the stock's future performance.
The price-to-earnings (P/E) ratio of 14.96, while not excessively high, may suggest that the stock is fairly valued, limiting immediate upside potential for new investors.

TRP Forecast - Frequently Asked Questions

: According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for TC Energy is $62.00, with a high forecast of $74.00 and a low forecast of $42.00.
: 10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TC Energy in the last year. There is currently 1 sell rating, 2 hold ratings, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" TRP shares.
: According to analysts, TC Energy's stock has a predicted upside of 24.97% based on their 12-month stock forecasts.
: Over the previous 90 days, TC Energy's stock had 2 upgrades by analysts.
: TC Energy has been rated by research analysts at Citigroup, Royal Bank of Canada, US Capital Advisors, and Veritas in the past 90 days.
: Analysts like TC Energy more than other "energy" companies. The consensus rating score for TC Energy is 2.70 while the average consensus rating score for "energy" companies is 2.69. Learn more on how TRP compares to other companies.

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This page (NYSE:TRP) was last updated on 4/27/2025 by MarketBeat.com Staff

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TC Energy (TRP) Stock Forecast & Price Target