TC Energy Co. (TSE:TRP) Receives Consensus Rating of "Hold" from Analysts

Key Points

• TC Energy has a consensus analyst rating of "Hold" from 13 firms (7 hold, 6 buy) with an average 12‑month price target of C$84.67—slightly below the stock's recent C$86.19 price.
• Several major analysts have recently raised price targets (e.g., Citigroup to C$95, RBC to C$92, Jefferies to C$88), signaling upward revisions despite mixed recommendations.
• Insider Dawn Elizabeth De Lima sold 25,342 shares at an average price of C$88.73 (≈C$2.25M), cutting her stake by 57.8%; company insiders now own just 0.03% of TC Energy.

TC Energy Co. (TSE:TRP - Get Free Report) NYSE: TRP has received a consensus recommendation of "Hold" from the thirteen research firms that are presently covering the stock, Marketbeat.com reports. Seven research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is C$84.67.

Several analysts have recently weighed in on TRP shares. Citigroup boosted their price target on TC Energy from C$86.00 to C$95.00 and gave the stock a "neutral" rating in a report on Tuesday, March 31st. National Bank Financial boosted their price target on TC Energy from C$85.00 to C$86.00 and gave the stock a "hold" rating in a report on Tuesday, February 17th. Jefferies Financial Group boosted their price target on TC Energy from C$80.00 to C$88.00 in a report on Tuesday, February 17th. Royal Bank Of Canada boosted their price target on TC Energy from C$84.00 to C$92.00 and gave the stock an "outperform" rating in a report on Tuesday, February 17th. Finally, ATB Cormark Capital Markets boosted their price target on TC Energy from C$80.00 to C$82.00 and gave the stock an "outperform" rating in a report on Thursday, April 23rd.

Insider Buying and Selling at TC Energy

In related news, insider Dawn Elizabeth De Lima sold 25,342 shares of the company's stock in a transaction that occurred on Tuesday, March 24th. The stock was sold at an average price of C$88.73, for a total value of C$2,248,595.66. Following the sale, the insider directly owned 18,490 shares in the company, valued at C$1,640,617.70. This represents a 57.82% decrease in their ownership of the stock. Company insiders own 0.03% of the company's stock.

TC Energy Stock Performance

TSE:TRP opened at C$86.19 on Wednesday. The stock has a market cap of C$89.79 billion, a P/E ratio of 26.36, a price-to-earnings-growth ratio of 1.69 and a beta of 0.72. The company has a current ratio of 0.63, a quick ratio of 0.40 and a debt-to-equity ratio of 223.25. The stock's 50-day moving average is C$86.49 and its 200-day moving average is C$79.59. TC Energy has a 1-year low of C$63.34 and a 1-year high of C$90.27.

TC Energy (TSE:TRP - Get Free Report) NYSE: TRP last released its quarterly earnings results on Friday, February 13th. The company reported C$0.98 earnings per share for the quarter. The company had revenue of C$4.17 billion for the quarter. TC Energy had a return on equity of 12.80% and a net margin of 23.23%. Equities research analysts anticipate that TC Energy will post 3.5490515 earnings per share for the current year.

TC Energy Company Profile

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.

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