Dawn Elizabeth De Lima Sells 50,685 Shares of TC Energy Co. (TSE:TRP) Stock

TC Energy Co. (TSE:TRP) (NYSE:TRP) Senior Officer Dawn Elizabeth De Lima sold 50,685 shares of the firm’s stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of C$63.27, for a total transaction of C$3,206,915.98.

TC Energy Trading Up 1.1 %

TSE:TRP opened at C$64.75 on Friday. TC Energy Co. has a 12 month low of C$43.83 and a 12 month high of C$70.32. The stock has a market cap of C$66.77 billion, a price-to-earnings ratio of 12.88, a P/E/G ratio of 1.69 and a beta of 0.82. The company has a 50-day moving average price of C$66.55 and a 200-day moving average price of C$65.12. The company has a current ratio of 1.31, a quick ratio of 0.40 and a debt-to-equity ratio of 237.62.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on TRP. ATB Capital raised their price target on shares of TC Energy from C$64.00 to C$65.00 in a report on Friday, November 8th. Raymond James raised shares of TC Energy to a “hold” rating in a report on Thursday, November 21st. National Bankshares raised their price target on shares of TC Energy from C$70.00 to C$71.00 in a report on Wednesday, November 20th. Wells Fargo & Company raised their price target on shares of TC Energy from C$74.00 to C$76.00 in a report on Wednesday, November 20th. Finally, Jefferies Financial Group raised their price target on shares of TC Energy from C$65.00 to C$71.00 in a report on Thursday, January 30th. Six investment 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’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price 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.