In a report released today, Theresa Chen from Barclays maintained a Buy rating on TC Energy. The company’s shares closed yesterday at $52.77.
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Chen covers the Energy sector, focusing on stocks such as DT Midstream, Enbridge, and Energy Transfer. According to TipRanks, Chen has an average return of 16.1% and a 72.56% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for TC Energy with a $53.34 average price target.
The company has a one-year high of $55.37 and a one-year low of $43.51. Currently, TC Energy has an average volume of 1.81M.
Based on the recent corporate insider activity of 163 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.
Read More on TRP:
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- TC Energy Closes $350 Million Notes Offering and Plans Share Redemption
- TC Energy downgraded to Neutral from Outperformer at CIBC
- TransCanada PipeLines Secures Underwriting for New Debt Issuance
- TC Energy Considers U.S. Junior Subordinated Notes Offering
- TC Energy announces consideration of U.S. Junior Subordinated Notes offering
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