TC Energy Co. (TSE:TRP) Director Danika Yeager Buys 1,817 Shares

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

TC Energy Price Performance

Shares of TSE TRP opened at C$69.11 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 firm’s 50 day simple moving average is C$66.74 and its 200-day simple moving average is C$66.06. TC Energy Co. has a 12 month low of C$43.83 and a 12 month high of C$70.97. The stock has a market capitalization of C$71.27 billion, a price-to-earnings ratio of 13.74, a PEG ratio of 1.69 and a beta of 0.82.

Analyst Upgrades and Downgrades

TRP has been the subject of a number of research reports. Veritas raised TC Energy from a “strong sell” rating to a “strong-buy” rating in a research note on Tuesday, February 18th. CIBC raised their price target on TC Energy from C$68.00 to C$70.00 and gave the stock a “neutral” rating in a research note on Thursday, January 9th. Royal Bank of Canada upped their target price on shares of TC Energy from C$71.00 to C$74.00 in a research note on Tuesday, February 18th. Jefferies Financial Group upped their price objective on shares of TC Energy from C$65.00 to C$71.00 in a research note on Thursday, January 30th. Finally, US Capital Advisors upgraded TC Energy from a “hold” rating to a “moderate buy” rating in a research note on Monday, February 3rd. 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 stock. Based on data from MarketBeat, the company currently 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.