TC Energy Co. (TSE:TRP) Director Trevor Ebl Purchases 1,470 Shares

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

TC Energy Price Performance

TRP stock opened at C$68.20 on Tuesday. TC Energy Co. has a 1 year low of C$43.83 and a 1 year 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 firm has a market capitalization of C$70.33 billion, a PE ratio of 13.56, a price-to-earnings-growth ratio of 1.69 and a beta of 0.82. The business has a 50 day simple moving average of C$66.41 and a 200-day simple moving average of C$65.68.

Analyst Ratings Changes

Several brokerages have recently issued reports on TRP. US Capital Advisors raised TC Energy from a “hold” rating to a “moderate buy” rating in a report on Monday, February 3rd. JPMorgan Chase & Co. boosted their price target on TC Energy from C$70.00 to C$79.00 in a report on Monday, November 18th. Raymond James raised shares of TC Energy to a “hold” rating in a research note on Thursday, November 21st. CIBC boosted their target price on shares of TC Energy from C$68.00 to C$70.00 and gave the company a “neutral” rating in a research note on Thursday, January 9th. Finally, Veritas raised shares of TC Energy from a “strong sell” rating to a “strong-buy” rating in a research note on Tuesday, February 18th. Six research analysts have rated the stock with a hold rating, five have issued a buy rating and three have given a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of C$73.25.

TC Energy Company Profile

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.