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Analysts Offer Insights on Industrial Goods Companies: TC Energy (TRP) and Beam Global (BEEM)

Analysts fell to the sidelines weighing in on TC Energy (TRPResearch Report) and Beam Global (BEEMResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

TC Energy (TRP)

In a report released yesterday, Patrick Kenny from National Bank maintained a Hold rating on TC Energy, with a price target of C$58.00. The company’s shares closed last Thursday at $47.36.

According to TipRanks.com, Kenny is a 5-star analyst with an average return of 16.8% and a 67.0% success rate. Kenny covers the Industrial Goods sector, focusing on stocks such as Pembina Pipeline, Gibson Energy, and Enbridge.

TC Energy has an analyst consensus of Moderate Buy, with a price target consensus of $49.98.

See Insiders’ Hot Stocks on TipRanks >>

Beam Global (BEEM)

In a report released today, Vikram Bagri from Needham maintained a Hold rating on Beam Global. The company’s shares closed last Thursday at $13.05, close to its 52-week low of $8.90.

According to TipRanks.com, Bagri is ranked #7545 out of 8077 analysts.

Beam Global has an analyst consensus of Moderate Buy, with a price target consensus of $31.50.

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