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TC Energy (TRP) Stock Forecast & Price Target

TC Energy logo
C$65.01 +0.11 (+0.17%)
As of 10:41 AM Eastern

TC Energy - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
6
Buy
9

Based on 15 Wall Street analysts who have issued ratings for TC Energy in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 15 analysts, 6 have given a hold rating, 6 have given a buy rating, and 3 have given a strong buy rating for TRP.

Consensus Price Target

C$73.92
13.70% Upside
According to the 15 analysts' twelve-month price targets for TC Energy, the average price target is C$73.92. The highest price target for TRP is C$79.00, while the lowest price target for TRP is C$65.00. The average price target represents a forecasted upside of 13.70% from the current price of C$65.01.
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TRP Analyst Ratings Over Time

TypeCurrent Forecast
7/25/24 to 7/25/25
1 Month Ago
6/25/24 to 6/25/25
3 Months Ago
4/26/24 to 4/26/25
1 Year Ago
7/26/23 to 7/25/24
Strong Buy
3 Strong Buy rating(s)
3 Strong Buy rating(s)
2 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
6 Buy rating(s)
7 Buy rating(s)
6 Buy rating(s)
5 Buy rating(s)
Hold
6 Hold rating(s)
6 Hold rating(s)
7 Hold rating(s)
6 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$73.92C$74.17C$73.42C$55.69
Forecasted Upside13.70% Upside14.95% Upside6.62% Upside-2.95% Downside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold

TRP Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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TRP Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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TC Energy Stock vs. The Competition

TypeTC EnergyEnergy Companies
Consensus Rating Score
2.80
2.67
Consensus RatingModerate BuyModerate Buy
News Sentiment Rating
Positive News

See Recent TRP News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/23/2025Jefferies Financial Group
2 of 5 stars
 Lower TargetC$71.00 ➝ C$68.00+3.83%
5/2/2025Cibc World Mkts
5 of 5 stars
R. Catellier
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UpgradeHold ➝ Strong-Buy
5/2/2025CIBC
3 of 5 stars
 Boost TargetOutperformC$71.00 ➝ C$76.00+9.34%
5/2/2025Scotiabank
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 Boost TargetOutperformC$75.00 ➝ C$77.00+10.78%
5/2/2025TD Securities
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A. Macneil
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Boost TargetBuyC$74.00 ➝ C$76.00+9.34%
4/4/2025Citigroup
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S. Dounis
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UpgradeHold
2/18/2025Veritas
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D. Mccoubrey
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UpgradeStrong Sell ➝ Strong-Buy
2/18/2025Royal Bank Of Canada
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 Boost TargetC$71.00 ➝ C$74.00+11.63%
2/3/2025US Capital Advisors
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J. Carreker
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UpgradeHold ➝ Moderate Buy
11/29/2024BMO Capital Markets
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 Boost TargetC$70.00 ➝ C$73.00+6.69%
11/21/2024Raymond James Financial
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A. Bradford
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UpgradeHold
11/20/2024Barclays
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T. Chen
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Boost TargetC$67.00 ➝ C$74.00+7.87%
11/20/2024National Bankshares
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 Boost TargetC$70.00 ➝ C$71.00+3.50%
11/20/2024Wells Fargo & Company
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 Boost TargetC$74.00 ➝ C$76.00+10.79%
11/18/2024JPMorgan Chase & Co.
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 Boost TargetC$70.00 ➝ C$79.00+13.07%
11/8/2024ATB Capital
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 Boost TargetC$64.00 ➝ C$65.00-4.57%
10/25/2024Morgan Joseph
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 UpgradeUnderweight ➝ OverweightC$62.00 ➝ C$78.00+19.07%
9/30/2024UBS Group
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M. Gupta
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UpgradeHold ➝ Strong-Buy
1/18/2024Stifel Nicolaus
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 Set TargetBuyC$61.00+17.13%
8/10/2023Credit Suisse Group
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 Lower TargetC$55.00 ➝ C$54.00+10.70%
8/10/2023CSFB
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 Lower TargetC$55.50 ➝ C$54.00+11.11%
7/28/2023National Bank Financial
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P. Kenny
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UpgradeSector Perform Market Weight ➝ Outperform Market Weight

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 11:06 AM ET.


Should I Buy TC Energy Stock? TRP Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, July 14, 2025. Please send any questions or comments about these TC Energy pros and cons to contact@marketbeat.com.

TC Energy
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in TC Energy Co.:

  • TC Energy Co. recently reported earnings per share that exceeded analyst expectations, indicating strong financial performance and potential for future growth.
  • The company has a solid market capitalization, reflecting its stability and presence in the energy infrastructure sector.
  • Current stock price is around C$64.75, which may present a buying opportunity for investors looking for value in the energy sector.
  • Analysts have issued a consensus rating of "Moderate Buy," suggesting positive sentiment towards the stock among investment professionals.
  • TC Energy Co. operates a vast network of natural gas pipelines, which positions it well to benefit from increasing energy demands in North America.

TC Energy
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in TC Energy Co. for these reasons:

  • The company has recently cut its dividend, which may signal financial strain or a shift in strategy that could concern income-focused investors.
  • Insider selling activity has been noted, which could indicate a lack of confidence from those closest to the company.
  • Despite a strong performance, the stock has experienced fluctuations, with a recent decline of about 1% during trading, which may raise concerns about volatility.
  • The debt-to-equity ratio is relatively high, suggesting that the company relies significantly on debt financing, which can be risky in fluctuating market conditions.
  • Market analysts have mixed ratings, with some suggesting caution, indicating that not all experts are confident in the stock's future performance.

TRP Forecast - Frequently Asked Questions

According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for TC Energy is C$73.92, with a high forecast of C$79.00 and a low forecast of C$65.00.

15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TC Energy in the last year. There are currently 6 hold ratings, 6 buy ratings and 3 strong buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" TRP shares.

According to analysts, TC Energy's stock has a predicted upside of 13.70% based on their 12-month stock forecasts.

Over the previous 90 days, TC Energy's stock had 1 upgrade by analysts.

TC Energy has been rated by research analysts at CIBC, Cibc World Mkts, Jefferies Financial Group, Scotiabank, and TD Securities in the past 90 days.

Analysts like TC Energy more than other "energy" companies. The consensus rating score for TC Energy is 2.80 while the average consensus rating score for "energy" companies is 2.67. Learn more on how TRP compares to other companies.


This page (TSE:TRP) was last updated on 7/25/2025 by MarketBeat.com Staff
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