TC Energy Co. (TSE:TRP) Director Francois Lionel Poirier Buys 4,800 Shares

TC Energy Co. (TSE:TRP) (NYSE:TRP) Director Francois Lionel Poirier bought 4,800 shares of the firm’s stock in a transaction that occurred on Tuesday, February 18th. The shares were acquired at an average price of C$65.05 per share, with a total value of C$312,239.52.

Francois Lionel Poirier also recently made the following trade(s):

• On Wednesday, November 20th, Francois Lionel Poirier sold 118,243 shares of TC Energy stock. The shares were sold at an average price of C$68.38, for a total value of C$8,085,219.85.

TC Energy Price Performance

TC Energy stock opened at C$65.26 on Thursday. 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 company has a market capitalization of C$67.30 billion, a PE ratio of 12.98, a price-to-earnings-growth ratio of 1.69 and a beta of 0.82. TC Energy Co. has a one year low of C$43.83 and a one year high of C$70.32. The business has a 50 day simple moving average of C$66.81 and a 200 day simple moving average of C$64.92.

Analyst Ratings Changes

Several analysts recently weighed in on the company. CIBC increased their target price on TC Energy from C$68.00 to C$70.00 and gave the company a “neutral” rating in a research note on Thursday, January 9th. Raymond James upgraded TC Energy to a “hold” rating in a research note on Thursday, November 21st. BMO Capital Markets increased their target price on TC Energy from C$70.00 to C$73.00 in a research note on Friday, November 29th. Barclays raised their price objective on TC Energy from C$67.00 to C$74.00 in a research report on Wednesday, November 20th. Finally, Morgan Joseph upgraded TC Energy from an “underweight” rating to an “overweight” rating and raised their price objective for the stock from C$62.00 to C$78.00 in a research report on Friday, October 25th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, five have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$73.25.

TC Energy Company Profile

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.