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

TC Energy Co. (TSE:TRP) (NYSE:TRP) Director Francois Lionel Poirier purchased 4,800 shares of the firm’s stock in a transaction dated Tuesday, February 18th. The shares were bought 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 transaction of C$8,085,219.85.

TC Energy Stock Performance

Shares of TRP traded up C$1.05 during mid-day trading on Tuesday, reaching C$66.19. 1,371,884 shares of the company’s stock were exchanged, compared to its average volume of 4,462,274. The business’s fifty day simple moving average is C$66.87 and its 200-day simple moving average is C$64.86. TC Energy Co. has a 52-week low of C$43.83 and a 52-week high of C$70.32. 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 stock has a market capitalization of C$68.26 billion, a PE ratio of 13.16, a price-to-earnings-growth ratio of 1.69 and a beta of 0.82.

Analyst Upgrades and Downgrades

TRP has been the subject of several research reports. BMO Capital Markets upped their target price on shares of TC Energy from C$70.00 to C$73.00 in a research report on Friday, November 29th. National Bankshares upped their price objective on shares of TC Energy from C$70.00 to C$71.00 in a research note on Wednesday, November 20th. Raymond James raised shares of TC Energy to a “hold” rating in a research note on Thursday, November 21st. JPMorgan Chase & Co. upped their price objective on shares of TC Energy from C$70.00 to C$79.00 in a report on Monday, November 18th. Finally, US Capital Advisors upgraded shares of TC Energy from a “hold” rating to a “moderate buy” rating in a report on Monday, February 3rd. One research analyst has rated the stock with a sell rating, six have issued a hold rating, five have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target 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.