TC Energy Co. (TSE:TRP) Director Rosemary K. Stevens Sells 5,089 Shares of Stock

TC Energy Co. (TSE:TRP) (NYSE:TRP) Director Rosemary K. Stevens sold 5,089 shares of the stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of C$67.19, for a total value of C$341,919.73.

TC Energy Trading Up 0.3 %

TSE:TRP opened at C$67.01 on Thursday. The stock has a fifty day simple moving average of C$66.44 and a 200 day simple moving average of C$65.50. The firm has a market capitalization of C$69.10 billion, a price-to-earnings ratio of 13.33, a price-to-earnings-growth ratio of 1.69 and a beta of 0.82. The company has a quick ratio of 0.40, a current ratio of 1.31 and a debt-to-equity ratio of 237.62. TC Energy Co. has a 1-year low of C$43.83 and a 1-year high of C$70.32.

Analyst Ratings Changes

Several research analysts have recently issued reports on TRP shares. 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 target price on 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. US Capital Advisors raised TC Energy from a “hold” rating to a “moderate buy” rating in a research note on Monday, February 3rd. Jefferies Financial Group raised their target price on TC Energy from C$65.00 to C$71.00 in a research note on Thursday, January 30th. Finally, Wells Fargo & Company raised their target price on TC Energy from C$74.00 to C$76.00 in a research note on Wednesday, November 20th. Six equities research analysts have rated the stock with a hold rating, five have given a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat.com, the company presently 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.