TC Energy (TSE:TRP) Rating Increased to Buy at TD

Posted by on Sep 15th, 2026

TC Energy (TSE:TRP – Get Free Report) (NYSE:TRP) was upgraded by equities researchers at TD from a “hold” rating to a “buy” rating in a research report issued on Tuesday, BayStreet reports. The firm presently has a C$102.00 price target on the stock. TD’s target price points to a potential upside of 19.89% from the company’s current price.

A number of other research analysts also recently issued reports on the company. Scotiabank upped their price objective on TC Energy from C$97.00 to C$105.00 and gave the company a “sector outperform” rating in a research note on Tuesday, July 21st. BMO Capital Markets boosted 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 note on Friday, July 31st. Jefferies Financial Group upgraded TC Energy from a “hold” rating to a “buy” rating and boosted their target price for the company from C$100.00 to C$102.00 in a research note on Tuesday, September 1st. TD Securities upgraded TC Energy from a “hold” rating to a “strong-buy” rating in a research note on Monday. Finally, Morgan Stanley downgraded shares of TC Energy from an “overweight” rating to an “equal weight” rating and set a C$103.00 price objective on the stock. in a report on Wednesday, June 10th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, TC Energy has a consensus rating of “Moderate Buy” and an average target price of C$95.64.

View Our Latest Research Report on TC Energy

TC Energy Stock Up 0.0%

Shares of TRP stock traded up C$0.03 on Tuesday, hitting C$85.08. The stock had a trading volume of 699,384 shares, compared to its average volume of 4,713,018. TC Energy has a 12-month low of C$69.41 and a 12-month high of C$100.18. The company has a debt-to-equity ratio of 229.63, a current ratio of 0.61 and a quick ratio of 0.40. The business has a 50 day moving average of C$91.04 and a 200 day moving average of C$90.79. The stock has a market cap of C$88.63 billion, a price-to-earnings ratio of 25.47, a price-to-earnings-growth ratio of 1.69 and a beta of 0.68.

TC Energy (TSE:TRP – Get Free Report) (NYSE:TRP) last posted its earnings results on Thursday, July 30th. The company reported C$0.94 EPS for the quarter. The firm had revenue of C$3.96 billion for the quarter. TC Energy had a net margin of 22.46% and a return on equity of 13.07%. As a group, analysts expect that TC Energy will post 3.5490515 EPS for the current year.

Insider Activity

In other 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. 0.03% of the stock is currently owned by corporate insiders.

About TC Energy

(Get Free Report)

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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Analyst Recommendations for TC Energy (TSE:TRP)

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