TC Energy Co. (TSE:TRP) Director Gregory Romero Purchases 1,600 Shares of Stock

TC Energy Co. (TSE:TRP) (NYSE:TRP) Director Gregory Romero purchased 1,600 shares of the stock in a transaction that occurred on Wednesday, February 26th. The shares were acquired at an average cost of C$43.95 per share, for a total transaction of C$70,319.84.

TC Energy Stock Up 0.5 %

TRP opened at C$63.69 on Thursday. TC Energy Co. has a 12 month low of C$43.83 and a 12 month 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 stock has a market cap of C$65.68 billion, a P/E ratio of 12.67, a P/E/G ratio of 1.69 and a beta of 0.82. The stock’s 50 day moving average price is C$66.60 and its 200 day moving average price is C$65.09.

Analyst Upgrades and Downgrades

A number of research firms recently commented on TRP. ATB Capital raised their price target on shares of TC Energy from C$64.00 to C$65.00 in a research report on Friday, November 8th. JPMorgan Chase & Co. raised their price target on shares of TC Energy from C$70.00 to C$79.00 in a research report on Monday, November 18th. Veritas raised shares of TC Energy from a “strong sell” rating to a “strong-buy” rating in a report on Tuesday, February 18th. BMO Capital Markets raised their target price on shares of TC Energy from C$70.00 to C$73.00 in a report on Friday, November 29th. Finally, Raymond James raised shares of TC Energy to a “hold” rating in a report on Thursday, November 21st. Six equities research analysts have rated the stock with a hold rating, five have issued a buy rating and three have issued a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus 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.