In a report released today, Theresa Chen from Barclays maintained a Hold rating on TC Energy (TRP – Research Report), with a price target of C$55.00. The company’s shares opened today at $39.29.
Chen covers the Energy sector, focusing on stocks such as TC Energy, Valero Energy, and Enbridge. According to TipRanks, Chen has an average return of 14.9% and a 76.00% success rate on recommended stocks.
Currently, the analyst consensus on TC Energy is a Moderate Buy with an average price target of $40.11, a 2.09% upside from current levels. In a report released on January 17, BMO Capital also maintained a Hold rating on the stock with a C$55.00 price target.
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The company has a one-year high of $40.49 and a one-year low of $31.82. Currently, TC Energy has an average volume of 2.42M.
Based on the recent corporate insider activity of 159 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TRP in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
TC Energy (TRP) Company Description:
Canada-based TC Energy Corporation is an energy infrastructure company. It operates through the following business segments: Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexico Natural Gas Pipelines, Liquids Pipelines, and Power and Storage.
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