Danika Yeager Acquires 1,817 Shares of TC Energy Co. (TSE:TRP) Stock

TC Energy Co. (TSE:TRP) (NYSE:TRP) Director Danika Yeager purchased 1,817 shares of the firm’s stock in a transaction dated Thursday, March 27th. The stock was acquired at an average cost of C$69.23 per share, with a total value of C$125,784.97.

TC Energy Price Performance

TSE TRP opened at C$68.82 on Friday. The company has a current ratio of 1.31, a quick ratio of 0.40 and a debt-to-equity ratio of 237.62. TC Energy Co. has a 1 year low of C$43.83 and a 1 year high of C$70.97. The company has a market cap of C$70.97 billion, a PE ratio of 13.69, a PEG ratio of 1.69 and a beta of 0.82. The stock’s 50-day moving average price is C$66.74 and its two-hundred day moving average price is C$66.13.

Wall Street Analyst Weigh In

Several research firms recently weighed in on TRP. TD Securities set a C$73.00 price objective on shares of TC Energy and gave the stock a “buy” rating in a report on Wednesday, January 15th. Royal Bank of Canada increased their price objective on shares of TC Energy from C$71.00 to C$74.00 in a report on Tuesday, February 18th. Jefferies Financial Group boosted their target price on TC Energy from C$65.00 to C$71.00 in a report on Thursday, January 30th. Veritas raised TC Energy from a “strong sell” rating to a “strong-buy” rating in a research note on Tuesday, February 18th. Finally, US Capital Advisors raised TC Energy from a “hold” rating to a “moderate buy” rating in a research note on Monday, February 3rd. Six 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 stock. According to MarketBeat.com, TC Energy currently has an average 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.