TD Securities Keeps Their Buy Rating on TC Energy (TRP)

In a report released today, Linda Ezergailis from TD Securities maintained a Buy rating on TC Energy (TRPResearch Report), with a price target of C$76.00. The company’s shares closed today at $49.51.

According to TipRanks, Ezergailis is a 5-star analyst with an average return of 7.3% and a 65.18% success rate. Ezergailis covers the Industrial Goods sector, focusing on stocks such as TC Energy, Enterprise Products Partners, and Plains All American.

In addition to TD Securities, TC Energy also received a Buy from RBC Capital’s Robert Kwan in a report issued on August 2. However, on August 5, Credit Suisse maintained a Hold rating on TC Energy (NYSE: TRP).

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The company has a one-year high of $58.61 and a one-year low of $42.47. Currently, TC Energy has an average volume of 1.81M.

Based on the recent corporate insider activity of 192 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying 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.

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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