TC Energy Co. (TSE:TRP) Senior Officer Michele L. Waters Buys 1,525 Shares

TC Energy Co. (TSE:TRP) (NYSE:TRP) Senior Officer Michele L. Waters purchased 1,525 shares of the company’s stock in a transaction that occurred on Thursday, February 20th. The shares were purchased at an average price of C$64.68 per share, for a total transaction of C$98,630.90.

TC Energy Price Performance

Shares of TRP stock opened at C$64.48 on Friday. 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 market capitalization of C$66.49 billion, a PE ratio of 12.82, a price-to-earnings-growth ratio of 1.69 and a beta of 0.82. The firm’s 50-day moving average is C$66.77 and its two-hundred day moving average is C$64.91. TC Energy Co. has a 12 month low of C$43.83 and a 12 month high of C$70.32.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. 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. Scotiabank upped their target price on TC Energy from C$74.00 to C$75.00 in a research note on Wednesday, November 20th. JPMorgan Chase & Co. lifted their price target on shares of TC Energy from C$70.00 to C$79.00 in a research note on Monday, November 18th. BMO Capital Markets upped their price target on shares of TC Energy from C$70.00 to C$73.00 in a research report on Friday, November 29th. Finally, Veritas raised TC Energy from a “strong sell” rating to a “strong-buy” rating in a research note on Tuesday. Six investment analysts have rated the stock with a hold rating, five have assigned a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of C$73.25.

About TC Energy

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.