David Brast Purchases 1,475 Shares of TC Energy Co. (TSE:TRP) Stock

TC Energy Co. (TSE:TRP) (NYSE:TRP) Director David Brast bought 1,475 shares of the business’s stock in a transaction dated Monday, February 24th. The shares were bought at an average price of C$63.98 per share, with a total value of C$94,367.85.

TC Energy Price Performance

TRP stock opened at C$63.37 on Wednesday. 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 12 month low of C$43.83 and a 12 month high of C$70.32. The firm has a market cap of C$65.35 billion, a P/E ratio of 12.60, a P/E/G ratio of 1.69 and a beta of 0.82. The company’s 50-day moving average price is C$66.63 and its two-hundred day moving average price is C$65.10.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Jefferies Financial Group raised their target price on shares of TC Energy from C$65.00 to C$71.00 in a research note on Thursday, January 30th. JPMorgan Chase & Co. raised their target price on shares of TC Energy from C$70.00 to C$79.00 in a research note on Monday, November 18th. Barclays raised their target price on shares of TC Energy from C$67.00 to C$74.00 in a research note on Wednesday, November 20th. Raymond James upgraded shares of TC Energy to a “hold” rating in a research note on Thursday, November 21st. Finally, National Bankshares raised their target price on shares of TC Energy from C$70.00 to C$71.00 in a research note on Wednesday, November 20th. 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. Based on data from MarketBeat, TC Energy currently has a consensus 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.