TC Energy Co. (TSE:TRP) Director Francois Lionel Poirier Acquires 4,800 Shares

TC Energy Co. (TSE:TRP) (NYSE:TRP) Director Francois Lionel Poirier acquired 4,800 shares of TC Energy stock in a transaction on Tuesday, February 18th. The shares were purchased at an average cost of C$65.05 per share, for a total transaction of C$312,239.52.

Francois Lionel Poirier also recently made the following trade(s):

• On Wednesday, November 20th, Francois Lionel Poirier sold 118,243 shares of TC Energy stock. The stock was sold at an average price of C$68.38, for a total value of C$8,085,219.85.

TC Energy Price Performance

Shares of TSE TRP opened at C$64.48 on Friday. The stock has a market capitalization of C$66.49 billion, a price-to-earnings ratio of 12.82, a PEG ratio of 1.69 and a beta of 0.82. The business has a 50-day moving average of C$66.77 and a 200-day moving average of C$64.91. The company has a debt-to-equity ratio of 237.62, a current ratio of 1.31 and a quick ratio of 0.40. TC Energy Co. has a fifty-two week low of C$43.83 and a fifty-two week high of C$70.32.

Analysts Set New Price Targets

Several research analysts have issued reports on TRP shares. BMO Capital Markets upped their price objective on TC Energy from C$70.00 to C$73.00 in a report on Friday, November 29th. 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. increased their price target on TC Energy from C$70.00 to C$79.00 in a research note on Monday, November 18th. TD Securities set a C$73.00 price target on TC Energy and gave the company a “buy” rating in a research note on Wednesday, January 15th. Finally, Barclays increased their price target on TC Energy from C$67.00 to C$74.00 in a research note on Wednesday, November 20th. Six analysts have rated the stock with a hold rating, five have assigned a buy rating and three have issued a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus 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.