Trevor Ebl Acquires 1,470 Shares of TC Energy Co. (TSE:TRP) Stock

TC Energy Co. (TSE:TRP) (NYSE:TRP) Director Trevor Ebl acquired 1,470 shares of the company’s stock in a transaction that occurred on Friday, March 14th. The shares were bought at an average price of C$67.85 per share, with a total value of C$99,732.15.

TC Energy Stock Performance

Shares of TSE:TRP opened at C$68.23 on Wednesday. The firm has a market capitalization of C$70.36 billion, a PE ratio of 13.57, a P/E/G ratio of 1.69 and a beta of 0.82. TC Energy Co. has a 12 month low of C$43.83 and a 12 month high of C$70.32. 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 business has a 50-day moving average of C$66.41 and a two-hundred day moving average of C$65.73.

Analyst Upgrades and Downgrades

Several research firms have issued reports on TRP. Raymond James raised shares of TC Energy to a “hold” rating in a research note on Thursday, November 21st. BMO Capital Markets raised their target price on shares of TC Energy from C$70.00 to C$73.00 in a research report on Friday, November 29th. Barclays boosted their price target on TC Energy from C$67.00 to C$74.00 in a report on Wednesday, November 20th. Wells Fargo & Company raised their price objective on TC Energy from C$74.00 to C$76.00 in a report on Wednesday, November 20th. Finally, Jefferies Financial Group lifted their price objective on TC Energy from C$65.00 to C$71.00 in a research report on Thursday, January 30th. 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 company’s stock. According to MarketBeat.com, TC Energy has an average rating of “Moderate Buy” and an average price target 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.