TC Energy (TSE:TRP – Get Free Report) (NYSE:TRP) was upgraded by stock analysts at US Capital Advisors from a “hold” rating to a “moderate buy” rating in a report released on Thursday,Zacks.com reports. US Capital Advisors also issued estimates for TC Energy’s Q3 2026 earnings at $0.89 EPS and Q4 2026 earnings at $1.07 EPS.
A number of other research firms have also recently weighed in on TRP. Scotiabank upped their price objective on shares of TC Energy from C$97.00 to C$105.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, July 21st. BMO Capital Markets lifted their target price on shares of TC Energy from C$94.00 to C$99.00 and gave the company an “outperform” rating in a research report on Friday, July 31st. Barclays boosted their target price on shares of TC Energy from C$100.00 to C$102.00 and gave the stock an “overweight” rating in a research note on Friday, July 31st. Morgan Stanley downgraded shares of TC Energy from an “overweight” rating to an “equal weight” rating and set a C$103.00 price target for the company. in a research report on Wednesday, June 10th. Finally, National Bank Financial raised their price target on shares of TC Energy from C$102.00 to C$103.00 and gave the company an “outperform” rating in a research note on Friday, July 31st. Seven research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, TC Energy presently has a consensus rating of “Hold” and an average price target of C$94.64.
Read Our Latest Analysis on TRP
TC Energy Stock Up 1.0%
TC Energy (TSE:TRP – Get Free Report) (NYSE:TRP) last announced its earnings results on Thursday, July 30th. The company reported C$0.94 earnings per share for the quarter. TC Energy had a return on equity of 13.07% and a net margin of 22.46%.The business had revenue of C$3.96 billion during the quarter. On average, analysts anticipate that TC Energy will post 3.5490515 EPS for the current fiscal year.
Insiders Place Their Bets
In other TC Energy news, insider Yvonne Frame-Zawalykut sold 1,500 shares of the firm’s stock in a transaction on Wednesday, June 24th. The stock was sold at an average price of C$98.39, for a total value of C$147,585.00. Insiders own 0.03% of the company’s stock.
About TC Energy
We are a leader in North American energy infrastructure, spanning Canada, the U.S. and Mexico. For over 75 years, we have proudly connected the world to the energy it needs. Every day, we move more than 30 per cent of the natural gas used across the continent and connect LNG exports to global markets-powering communities and industries. Complemented by strategic ownership and low-risk investments in power generation, our infrastructure delivers affordable, reliable and sustainable energy across North America.
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