Dawn Elizabeth De Lima Sells 64,802 Shares of TC Energy Co. (TSE:TRP) Stock

TC Energy Co. (TSE:TRP) (NYSE:TRP) Senior Officer Dawn Elizabeth De Lima sold 64,802 shares of the company’s stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of C$69.16, for a total value of C$4,481,913.69.

Dawn Elizabeth De Lima also recently made the following trade(s):

• On Wednesday, February 26th, Dawn Elizabeth De Lima sold 50,685 shares of TC Energy stock. The shares were sold at an average price of C$63.27, for a total value of C$3,206,915.98.

TC Energy Stock Performance

TSE:TRP opened at C$70.42 on Friday. TC Energy Co. has a twelve month low of C$43.83 and a twelve month high of C$70.61. The firm has a market capitalization of C$72.62 billion, a price-to-earnings ratio of 14.00, a PEG ratio of 1.69 and a beta of 0.82. The company has a current ratio of 1.31, a quick ratio of 0.40 and a debt-to-equity ratio of 237.62. The firm’s fifty day simple moving average is C$66.45 and its 200 day simple moving average is C$65.79.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on TRP shares. CIBC upped their target price on TC Energy from C$68.00 to C$70.00 and gave the company a “neutral” rating in a research report on Thursday, January 9th. TD Securities set a C$73.00 target price on TC Energy and gave the company a “buy” rating in a research report on Wednesday, January 15th. Royal Bank of Canada raised their price target on shares of TC Energy from C$71.00 to C$74.00 in a research note on Tuesday, February 18th. BMO Capital Markets raised their price target on shares of TC Energy from C$70.00 to C$73.00 in a research note on Friday, November 29th. Finally, Raymond James raised shares of TC Energy to a “hold” rating in a research note on Thursday, November 21st. Six investment analysts have rated the stock with a hold rating, five have given a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average 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.