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

TC Energy Co. (TSE:TRP) (NYSE:TRP) Director Francois Lionel Poirier bought 4,800 shares of the company’s stock in a transaction dated Tuesday, February 18th. The shares were acquired at an average cost of C$65.05 per share, for a total transaction 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 stock was sold at an average price of C$68.38, for a total value of C$8,085,219.85.

TC Energy Price Performance

Shares of TSE:TRP opened at C$65.77 on Wednesday. TC Energy Co. has a 12 month low of C$43.83 and a 12 month high of C$70.32. The stock has a market cap of C$67.82 billion, a price-to-earnings ratio of 13.08, a PEG ratio of 1.69 and a beta of 0.82. The stock’s 50 day moving average price is C$66.87 and its 200 day moving average price is C$64.86. The company has a debt-to-equity ratio of 237.62, a current ratio of 1.31 and a quick ratio of 0.40.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. BMO Capital Markets lifted their price target on TC Energy from C$70.00 to C$73.00 in a research note on Friday, November 29th. US Capital Advisors upgraded TC Energy from a “hold” rating to a “moderate buy” rating in a research note on Monday, February 3rd. TD Securities set a C$73.00 price target on TC Energy and gave the stock a “buy” rating in a research note on Wednesday, January 15th. Morgan Joseph upgraded TC Energy from an “underweight” rating to an “overweight” rating and lifted their price target for the stock from C$62.00 to C$78.00 in a research note on Friday, October 25th. Finally, Raymond James upgraded TC Energy to a “hold” rating in a research note on Thursday, November 21st. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, five have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of C$73.25.

About TC Energy

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.