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TC Energy (TRP) Stock Forecast & Price Target

TC Energy logo
C$72.85 -1.08 (-1.46%)
As of 12:13 PM Eastern

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

Consensus Rating

Sell
0
Hold
5
Buy
5

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, 5 have given a hold rating, 4 have given a buy rating, and 1 has given a strong buy rating for TRP.

Consensus Price Target

C$74.54
2.32% Upside
According to the 10 analysts' twelve-month price targets for TC Energy, the average price target is C$74.54. The highest price target for TRP is C$79.00, while the lowest price target for TRP is C$65.00. The average price target represents a forecasted upside of 2.32% from the current price of C$72.85.
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.
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TRP Analyst Ratings Over Time

TypeCurrent Forecast
10/14/24 to 10/14/25
1 Month Ago
9/14/24 to 9/14/25
3 Months Ago
7/16/24 to 7/16/25
1 Year Ago
10/15/23 to 10/14/24
Strong Buy
1 Strong Buy rating(s)
3 Strong Buy rating(s)
3 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
4 Buy rating(s)
6 Buy rating(s)
7 Buy rating(s)
5 Buy rating(s)
Hold
5 Hold rating(s)
7 Hold rating(s)
6 Hold rating(s)
5 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
2 Sell rating(s)
Consensus Price TargetC$74.54C$74.46C$74.17C$59.31
Forecasted Upside2.32% Upside2.78% Upside11.97% Upside-5.58% Downside
Consensus RatingModerate BuyModerate BuyModerate BuyHold

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.
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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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

TC Energy Stock vs. The Competition

TypeTC EnergyEnergy Companies
Consensus Rating Score
2.60
2.40
Consensus RatingModerate BuyHold
News Sentiment Rating
Positive News

See Recent TRP News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
10/9/2025Cibc World Mkts
5 of 5 stars
 DowngradeStrong-BuyHold
10/9/2025CIBC
4 of 5 stars
 DowngradeOutperformNeutralC$76.00 ➝ C$77.00+3.66%
9/5/2025Citigroup
3 of 5 stars
 Set TargetNeutralC$75.00+5.28%
8/21/2025US Capital Advisors
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 DowngradeModerate BuyHold
8/14/2025Barclays
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 Boost TargetC$74.00 ➝ C$75.00+6.02%
8/1/2025National Bankshares
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 Boost TargetOutperformC$75.00 ➝ C$76.00+14.48%
7/23/2025Jefferies Financial Group
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 Lower TargetC$71.00 ➝ C$68.00+3.83%
5/2/2025Scotiabank
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 Boost TargetOutperformC$75.00 ➝ C$77.00+10.78%
5/2/2025TD Securities
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Boost TargetBuyC$74.00 ➝ C$76.00+9.34%
2/18/2025Veritas
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UpgradeStrong SellStrong-Buy
2/18/2025Royal Bank Of Canada
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 Boost TargetC$71.00 ➝ C$74.00+11.63%
11/29/2024BMO Capital Markets
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 Boost TargetC$70.00 ➝ C$73.00+6.69%
11/21/2024Raymond James Financial
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UpgradeHold
11/20/2024Wells Fargo & Company
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 Boost TargetC$74.00 ➝ C$76.00+10.79%
11/18/2024JPMorgan Chase & Co.
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 Boost TargetC$70.00 ➝ C$79.00+13.07%
11/8/2024ATB Capital
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 Boost TargetC$64.00 ➝ C$65.00-4.57%
10/25/2024Morgan Joseph
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 UpgradeUnderweightOverweightC$62.00 ➝ C$78.00+19.07%
9/30/2024UBS Group
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UpgradeHoldStrong-Buy
1/18/2024Stifel Nicolaus
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 Set TargetBuyC$61.00+17.13%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 12:30 PM 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 Friday, October 10, 2025. Please send any questions or comments about these TC Energy pros and cons to contact@marketbeat.com.

TC Energy
Bull Case

green Wall Street bull icon

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

  • The current stock price is around C$72.45, reflecting a stable position in the market.
  • TC Energy Co. has a strong dividend yield of approximately 4.5%, providing a consistent income stream for investors.
  • The company has a solid market capitalization of C$75.32 billion, indicating a robust financial standing and potential for growth.
  • Recent analyst ratings show a mix of "Buy" and "Hold" recommendations, suggesting confidence in the company's future performance.
  • The firm has declared a quarterly dividend of $0.85 per share, demonstrating its commitment to returning value to shareholders.

TC Energy
Bear Case

red Wall Street bear icon

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

  • The company has a high debt-to-equity ratio of 237.62, indicating significant leverage which could pose risks in economic downturns.
  • Insider selling activity has been noted, with directors reducing their holdings, which may signal a lack of confidence in the company's short-term prospects.
  • The quick ratio of 0.40 suggests potential liquidity issues, meaning the company may struggle to meet short-term obligations.
  • Market volatility has been observed, with fluctuations in stock price affecting investor sentiment.
  • Analysts have varied opinions on the stock, with some downgrading their ratings, which could indicate uncertainty about future performance.

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 C$74.54, with a high forecast of C$79.00 and a low forecast of C$65.00.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TC Energy in the last year. There are currently 5 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" TRP shares.

According to analysts, TC Energy's stock has a predicted upside of 2.32% based on their 12-month stock forecasts.

Over the previous 90 days, TC Energy's stock had 3 downgrades by analysts.

TC Energy has been rated by research analysts at Barclays, CIBC, Cibc World Mkts, Citigroup, Jefferies Financial Group, National Bankshares, and US Capital Advisors in the past 90 days.

Analysts like TC Energy more than other "energy" companies. The consensus rating for TC Energy is Moderate Buy while the average consensus rating for "energy" companies is Hold. Learn more on how TRP compares to other companies.


This page (TSE:TRP) was last updated on 10/14/2025 by MarketBeat.com Staff
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