TC Energy (TRP) – Analysts’ Weekly Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of TC Energy (TSE: TRP) in the last few weeks:

• 2/17/2026 – TC Energy had its price target raised by analysts at Jefferies Financial Group Inc. from C$80.00 to C$88.00.
• 2/17/2026 – TC Energy had its price target raised by analysts at ATB Cormark Capital Markets from C$73.00 to C$80.00. They now have a “sector perform” rating on the stock.
• 2/17/2026 – TC Energy had its price target raised by analysts at Scotiabank from C$86.00 to C$93.00. They now have an “outperform” rating on the stock.
• 2/17/2026 – TC Energy was downgraded by analysts at TD Securities from a “buy” rating to a “hold” rating. They now have a C$88.00 price target on the stock, up previously from C$84.00.
• 2/17/2026 – TC Energy had its price target raised by analysts at National Bank Financial from C$85.00 to C$86.00. They now have a “hold” rating on the stock.
• 2/17/2026 – TC Energy was downgraded by analysts at Canadian Imperial Bank of Commerce from an “outperform” rating to a “hold” rating. They now have a C$85.00 price target on the stock, up previously from C$81.00.
• 2/17/2026 – TC Energy had its price target raised by analysts at Royal Bank Of Canada from C$84.00 to C$92.00. They now have an “outperform” rating on the stock.
• 2/17/2026 – TC Energy had its price target raised by analysts at Raymond James Financial, Inc. from C$71.00 to C$74.00. They now have a “hold” rating on the stock.
• 2/4/2026 – TC Energy had its price target raised by analysts at Jefferies Financial Group Inc. from C$74.00 to C$80.00.
• 1/16/2026 – TC Energy had its price target raised by analysts at Scotiabank from C$81.00 to C$86.00.

TC Energy Corp operates as an energy infrastructure company, consisting of pipeline and power generation assets in Canada, the United States, and Mexico. Its pipeline network consists of over 92,600 kilometers (57,500 miles) of natural gas pipeline, along with 4,900 kilometers (3,000) miles) from the Keystone Pipeline system. The company also owns or has interests in 11 power-generation facilities with a capacity of 6,600 megawatts.