TC Energy (TSE:TRP) Price Target Raised to C$102.00 at Barclays

TC Energy (TSE:TRP) (NYSE:TRP) had its price target boosted by Barclays from C$100.00 to C$102.00 in a report published on Friday,BayStreet.CA reports. They currently have an overweight rating on the stock.

Other research analysts have also recently issued reports about the stock. Scotiabank lifted their price target on shares of TC Energy from C$97.00 to C$105.00 and gave the company a “sector outperform” rating in a research report on Tuesday, July 21st. TD set a C$98.00 price objective on shares of TC Energy and gave the stock a “hold” rating in a report on Thursday, June 25th. Canadian Imperial Bank of Commerce raised their target price on shares of TC Energy from C$89.00 to C$94.00 in a research note on Monday, May 4th. The Goldman Sachs Group upgraded shares of TC Energy from a “sell” rating to a “hold” rating and set a C$62.00 target price for the company in a report on Sunday, April 19th. Finally, Royal Bank Of Canada boosted their price target on TC Energy from C$92.00 to C$95.00 and gave the stock an “outperform” rating in a research report on Monday, May 4th. Six equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, TC Energy has a consensus rating of “Hold” and an average price target of C$94.64.

TC Energy Price Performance

TRP opened at C$94.40 on Friday. The stock has a fifty day simple moving average of C$96.12 and a two-hundred day simple moving average of C$89.17. The company has a current ratio of 0.61, a quick ratio of 0.40 and a debt-to-equity ratio of 229.63. The company has a market cap of C$98.34 billion, a price-to-earnings ratio of 29.59, a price-to-earnings-growth ratio of 1.69 and a beta of 0.69. TC Energy has a 12-month low of C$64.91 and a 12-month high of C$100.18.

TC Energy (TSE:TRP) (NYSE:TRP) last announced its quarterly earnings data on Thursday, July 30th. The company reported C$0.94 EPS 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. Research analysts predict that TC Energy will post 3.5490515 earnings per share for the current fiscal year.

Insider Buying and Selling at TC Energy

In related news, Director Trevor Ebl sold 5,000 shares of TC Energy stock in a transaction dated Friday, May 15th. The stock was sold at an average price of C$93.45, for a total value of C$467,250.00. Also, insider Yvonne Frame-Zawalykut sold 1,500 shares of the business’s stock in a transaction dated Wednesday, June 24th. The stock was sold at an average price of C$98.39, for a total value of C$147,585.00. Company insiders own 0.03% of the company’s stock.

TC Energy News Summary

Here are the key news stories impacting TC Energy this week:

• Positive Sentiment: TC Energy reported second-quarter revenue of C$3.96 billion and earnings of C$0.94 per share, with coverage describing the results as a beat. The company also approved approximately $500 million in pipeline expansion projects, supporting potential long-term growth. TC Energy posts Q2 earnings beat and approves $500 million in pipeline expansion projects
• Positive Sentiment: US Capital Advisors raised its TC Energy EPS forecasts across multiple periods, including FY2026 to $3.71 from $3.50, FY2027 to $3.89 from $3.64, and FY2028 to $3.99 from $3.69. Quarterly estimates for Q2 2026, Q3 2026, Q4 2026 and Q1 2027 were also increased, indicating improved expectations for earnings momentum.
• Positive Sentiment: Several firms raised their price targets: BMO Capital Markets to C$99 from C$94 with an “outperform” rating; National Bank Financial to C$103 from C$102 with an “outperform” rating; Barclays to C$102 from C$100 with an “overweight” rating; RBC to C$106 from C$104 with an “outperform” rating; and ATB Cormark to C$100 from C$98 with a “sector perform” rating. These revisions suggest analysts see additional upside from recent levels. Analyst rating changes
• Neutral Sentiment: TD lifted its price target to C$102 from C$100 but maintained a “hold” rating, signaling that the firm sees valuation support and moderate upside without sufficient conviction for a more bullish recommendation. TD analyst rating change

TC Energy Company Profile

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.