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TC Energy - TRP Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $48.83
  • Forecasted Upside: 35.29%
  • Number of Analysts: 12
  • Breakdown:
  • 1 Sell Ratings
  • 6 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
$36.10 As of 04/25/2024 01:00 AM ET
▲ +0.19 (0.53%)

This chart shows the closing price for TRP by one month, three months, or twelve months.

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Analyst Price Target for TRP

Analyst Price Target is $48.83
▲ +35.29% Upside Potential
This price target is based on 12 analysts offering 12 month price targets for TC Energy in the last 3 months. The average price target is $48.83, with a high forecast of $55.00 and a low forecast of $32.00. The average price target represents a 35.29% upside from the last price of $36.10.

This chart shows the closing price for TRP for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 12 polled investment analysts is to hold stock in TC Energy. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 5 buy ratings
  • 6 hold ratings
  • 1 sell ratings
Ratings as of
11/2/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 6 hold ratings
  • 1 sell ratings
Ratings as of
1/31/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 6 hold ratings
  • 1 sell ratings
Ratings as of
5/1/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 6 hold ratings
  • 1 sell ratings
Ratings as of
7/30/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 6 hold ratings
  • 1 sell ratings
Ratings as of
10/28/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 6 hold ratings
  • 1 sell ratings
Ratings as of
1/26/2024
  • 0 strong buy ratings
  • 5 buy ratings
  • 6 hold ratings
  • 1 sell ratings
Ratings as of
3/26/2024
  • 0 strong buy ratings
  • 5 buy ratings
  • 6 hold ratings
  • 1 sell ratings
Ratings as of
4/25/2024

Latest Recommendations

  • 0 strong buy ratings
  • 5 buy ratings
  • 6 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/27/2024Jefferies Financial GroupInitiated CoverageHoldLow
1/29/2024BarclaysBoost TargetEqual Weight ➝ Equal Weight$53.00 ➝ $55.00Low
1/26/2024The Goldman Sachs GroupBoost TargetSell ➝ Sell$29.00 ➝ $32.00Low
1/18/2024Stifel NicolausInitiated CoverageBuyLow
12/4/2023BarclaysBoost TargetEqual Weight ➝ Equal Weight$50.00 ➝ $51.00Low
10/25/2023Wells Fargo & CompanyUpgradeEqual Weight ➝ OverweightLow
10/18/2023BarclaysLower TargetEqual Weight ➝ Equal Weight$51.00 ➝ $50.00Low
10/17/2023Wolfe ResearchUpgradeUnderperform ➝ Peer PerformLow
10/5/2023The Goldman Sachs GroupInitiated CoverageSell ➝ SellLow
9/8/2023Wells Fargo & CompanyUpgradeUnderweight ➝ Equal Weight$47.00Low
7/31/2023Royal Bank of CanadaLower TargetOutperform ➝ Outperform$65.00 ➝ $54.00Low
7/31/2023ScotiabankLower TargetOutperform ➝ Outperform$64.00 ➝ $55.00Low
7/28/2023TD SecuritiesDowngradeBuy ➝ Hold$62.00 ➝ $50.00Low
7/28/2023National Bank FinancialUpgradeSector Perform ➝ OutperformLow
7/28/2023BMO Capital MarketsDowngradeOutperform ➝ Market PerformLow
7/26/2023TD SecuritiesInitiated CoverageBuy$68.00 ➝ $62.00Low
7/25/2023ScotiabankLower TargetOutperform$66.00 ➝ $64.00Low
7/24/2023CIBCDowngradeSector Outperform ➝ NeutralLow
2/15/2023TD SecuritiesLower TargetC$71.00 ➝ C$68.00Low
2/2/2023National Bank FinancialLower TargetC$56.00 ➝ C$53.00Low
2/2/2023BMO Capital MarketsLower TargetC$66.00 ➝ C$64.00Low
2/2/2023Royal Bank of CanadaLower TargetC$73.00 ➝ C$65.00Low
2/2/2023Credit Suisse GroupLower TargetC$63.00 ➝ C$60.50Low
2/2/2023ScotiabankLower TargetC$67.00 ➝ C$66.00Low
2/2/2023TD SecuritiesLower TargetC$74.00 ➝ C$71.00Low
2/1/2023CIBCUpgradeNeutral ➝ Sector OutperformLow
1/27/2023National Bank FinancialLower TargetC$58.00 ➝ C$56.00Low
1/6/2023Raymond JamesUpgradeMarket Perform ➝ OutperformLow
12/16/2022Wells Fargo & CompanyDowngradeEqual Weight ➝ UnderweightLow
12/1/2022Raymond JamesLower TargetC$65.00 ➝ C$63.00Low
11/30/2022Royal Bank of CanadaLower TargetC$75.00 ➝ C$73.00Low
11/30/2022BMO Capital MarketsLower TargetC$70.00 ➝ C$68.00Low
11/30/2022TD SecuritiesLower TargetC$76.00 ➝ C$74.00Low
11/11/2022National Bank FinancialBoost TargetC$56.00 ➝ C$58.00Low
11/10/2022Royal Bank of CanadaLower TargetOutperformC$78.00 ➝ C$75.00Low
10/20/2022ScotiabankLower TargetC$76.00 ➝ C$67.00Low
10/19/2022BarclaysLower TargetC$67.00 ➝ C$65.00Low
8/11/2022BMO Capital MarketsLower TargetC$76.00 ➝ C$72.00Low
8/11/2022TD SecuritiesBoost TargetC$75.00 ➝ C$76.00Low
8/2/2022Royal Bank of CanadaLower TargetC$79.00 ➝ C$78.00Low
7/29/2022BMO Capital MarketsLower TargetC$78.00 ➝ C$76.00Low
7/29/2022ScotiabankLower TargetC$78.00 ➝ C$76.00Low
7/20/2022BarclaysLower TargetC$71.00 ➝ C$67.00Low
6/1/2022US Capital AdvisorsReiterated RatingHoldLow
5/12/2022CIBCUpgradeNeutral ➝ Sector OutperformMedium
4/26/2022Morgan StanleyDowngradeEqual Weight ➝ Underweight$78.00Medium
4/13/2022ScotiabankBoost TargetC$72.00 ➝ C$78.00Low
4/11/2022Wolfe ResearchDowngradePeer Perform ➝ Underperform$53.00 ➝ $57.00Medium
4/4/2022Industrial Alliance SecuritiesUpgradeHold ➝ BuyC$74.00Low
3/11/2022US Capital AdvisorsDowngradeOverweight ➝ HoldMedium
2/22/2022Wells Fargo & CompanyBoost TargetEqual Weight$63.00 ➝ $68.00Medium
2/17/2022National Bank FinancialBoost TargetC$65.00 ➝ C$66.00Medium
2/16/2022BMO Capital MarketsBoost TargetC$70.00 ➝ C$73.00Low
2/16/2022Raymond JamesDowngradeStrong-Buy ➝ OutperformMedium
2/16/2022Industrial Alliance SecuritiesDowngradeStrong-Buy ➝ HoldC$68.00Low
2/16/2022CIBCDowngradeSector Outperform ➝ NeutralLow
2/14/2022ScotiabankBoost TargetC$69.00 ➝ C$72.00Low
2/8/2022Credit Suisse GroupReiterated RatingOutperform ➝ NeutralLow
1/13/2022The Goldman Sachs GroupDowngradeNeutral ➝ Sell$45.00Low
1/11/2022CIBCLower TargetC$72.00 ➝ C$69.00Low
12/22/2021Raymond JamesInitiated CoverageStrong-BuyMedium
12/15/2021The Goldman Sachs GroupLower TargetNeutral$50.00 ➝ $45.00Low
11/8/2021TD SecuritiesLower TargetBuyC$73.00 ➝ C$72.00Low
11/8/2021National Bank FinancialDowngradeOutperform ➝ Sector PerformMedium
9/13/2021The Goldman Sachs GroupDowngradeBuy ➝ Neutral$75.00 ➝ $63.00Medium
8/23/2021JPMorgan Chase & Co.Reiterated RatingHoldC$68.00Medium
8/20/2021JPMorgan Chase & Co.DowngradeOverweight ➝ NeutralLow
7/20/2021Morgan StanleyDowngradeOverweight ➝ Equal Weight$76.00Low
6/18/2021CIBCBoost TargetOutperformC$70.00 ➝ C$74.00Medium
5/13/2021Wells Fargo & CompanyBoost TargetEqual Weight$66.00 ➝ $68.00Low
3/19/2021Evercore ISIInitiated Coverage$70.00Low
2/19/2021TD SecuritiesLower TargetBuy$75.00 ➝ $73.00Low
2/19/2021CIBCBoost TargetOutperform$69.00 ➝ $70.00Low
1/27/2021National Bank FinancialReiterated RatingOutperformLow
1/21/2021ScotiabankLower TargetOutperform$72.00 ➝ $69.00Low
1/21/2021Credit Suisse GroupUpgradeNeutral ➝ Outperform$65.00 ➝ $70.00High
1/20/2021BMO Capital MarketsUpgradeMarket Perform ➝ OutperformMedium
1/19/2021Stifel NicolausLower TargetBuy$73.00 ➝ $66.00Low
1/13/2021CIBCLower TargetOutperform$73.00 ➝ $71.00Low
1/12/2021BarclaysDowngradeOverweight ➝ Equal Weight$62.00Low
1/6/2021Bank of AmericaDowngradeBuy ➝ NeutralN/A
11/30/2020Wells Fargo & CompanyDowngradeOverweight ➝ Equal Weight$73.00 ➝ $67.00High
11/18/2020BarclaysLower TargetOverweight$65.00 ➝ $63.00High
10/30/2020Royal Bank of CanadaLower TargetOutperform$81.00 ➝ $72.00Low
10/30/2020TD SecuritiesLower TargetBuy$78.00 ➝ $75.00Low
10/14/2020The Goldman Sachs GroupUpgradeNeutral ➝ Buy$54.00 ➝ $49.00Low
8/6/2020Wells Fargo & CompanyBoost TargetOverweight$70.00 ➝ $73.00Low
8/6/2020BMO Capital MarketsBoost TargetMarket Perform$65.00 ➝ $68.00Low
7/17/2020BarclaysReiterated RatingBuy$65.00Low
7/15/2020ScotiabankUpgradeSector Perform ➝ Sector OutperformMedium
7/10/2020US Capital AdvisorsInitiated CoverageBuyHigh
7/9/2020Raymond JamesInitiated CoverageOutperform$75.00Medium
6/17/2020CitigroupLower TargetBuy$75.00 ➝ $69.00Low
6/15/2020Evercore ISIInitiated CoverageBuyMedium
6/1/2020Morgan StanleyUpgradeEqual Weight ➝ Overweight$64.00 ➝ $70.00Low
5/25/2020Industrial Alliance SecuritiesUpgradeBuy$70.00High
5/25/2020Indl Alliance SUpgradeHold ➝ BuyHigh
5/12/2020BMO Capital MarketsDowngradeOutperform ➝ Market Perform$65.00High
5/12/2020Jefferies Financial GroupInitiated CoverageHold$68.00Medium
5/4/2020Royal Bank of CanadaReiterated RatingBuyHigh
4/14/2020Wells Fargo & CompanyBoost TargetOverweight$67.00 ➝ $69.00High
4/6/2020UBS GroupBoost TargetBuy$65.00 ➝ $68.00Low
4/1/2020BMO Capital MarketsBoost TargetOutperform$62.00 ➝ $65.00Medium
3/31/2020Tudor PickeringReiterated RatingBuyHigh
3/22/2020National Bank FinancialUpgradeSector Perform Overweight ➝ Outperform OverweightHigh
3/20/2020Industrial Alliance SecuritiesUpgradeBuy$65.00High
3/16/2020Morgan StanleyUpgradeUnderweight ➝ Equal Weight$55.00High
3/16/2020Tudor PickeringUpgradeHold ➝ BuyHigh
3/16/2020UBS GroupUpgradeNeutral ➝ Buy$71.00 ➝ $65.00High
3/9/2020Bank of AmericaUpgradeNeutral ➝ BuyHigh
3/5/2020BarclaysInitiated CoverageOverweight$80.00Low
2/24/2020JPMorgan Chase & Co.Boost TargetOverweight$78.00 ➝ $80.00Low
2/23/2020The Goldman Sachs GroupUpgradeSell ➝ NeutralMedium
2/14/2020Evercore ISIInitiated CoverageHold$60.00Medium
2/14/2020Industrial Alliance SecuritiesDowngradeBuy ➝ Hold$75.00Low
2/14/2020UBS GroupBoost TargetNeutral$66.00 ➝ $71.00Low
1/22/2020Tudor PickeringDowngradeBuy ➝ HoldMedium
1/6/2020Morgan StanleyInitiated CoverageUnderweight$73.00 ➝ $63.00Low
12/18/2019Bank of AmericaInitiated CoverageNeutral$56.00Medium
11/20/2019Evercore ISIReiterated RatingHold$60.00Low
11/4/2019TD SecuritiesDowngradeBuyHigh
11/3/2019CIBCSet TargetBuy$73.00Low
10/23/2019CIBCBoost TargetBuy$70.00 ➝ $72.00Low
10/21/2019Credit Suisse GroupSet TargetHold$70.00Low
10/10/2019ScotiabankDowngradeOutperform ➝ Sector PerformLow
8/4/2019CIBCReiterated RatingBuy ➝ Average$70.00Low
7/30/2019Bank of AmericaBoost TargetBuy$64.00 ➝ $66.00Low
5/29/2019Credit Suisse GroupDowngradeOutperform ➝ NeutralLow
5/28/2019ScotiabankReiterated RatingBuy ➝ Average$72.00Low
5/7/2019GMP SecuritiesReiterated RatingBuy$71.00Low
4/30/2019GMP SecuritiesReiterated RatingBuy$69.00Low
(Data available from 4/26/2019 forward)

News Sentiment Rating

0.93 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 21 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
9/28/2023
  • 17 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
10/28/2023
  • 10 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/27/2023
  • 16 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/27/2023
  • 24 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
1/26/2024
  • 40 very positive mentions
  • 15 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/25/2024
  • 24 very positive mentions
  • 5 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
Mentions as of
3/26/2024
  • 20 very positive mentions
  • 16 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
4/25/2024

Current Sentiment

  • 20 very positive mentions
  • 16 positive mentions
  • 2 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

TC Energy logo
TC Energy Corporation operates as an energy infrastructure company in North America. It operates through five segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; Liquids Pipelines; and Power and Energy Solutions. The company builds and operates a network of 93,600 kilometers of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses. It also has regulated natural gas storage facilities with a total working gas capacity of 532 billion cubic feet. In addition, it has approximately 4,900 kilometers of liquids pipeline system that connects Alberta crude oil pipeline to refining markets in Illinois, Oklahoma, Texas, and the United States Gulf Coast. Further, the company owns or has interests in power generation facilities with approximately 4,600 megawatts; and owns and operates approximately 118 billion cubic feet of non-regulated natural gas storage facilities in in Alberta, Ontario, Québec, and New Brunswick. The company was formerly known as TransCanada Corporation and changed its name to TC Energy Corporation in May 2019. TC Energy Corporation was founded in 1951 and is headquartered in Calgary, Canada.
Read More

Today's Range

Now: $36.10
Low: $35.49
High: $36.30

50 Day Range

MA: $38.90
Low: $35.10
High: $40.84

52 Week Range

Now: $36.10
Low: $32.51
High: $42.49

Volume

3,580,791 shs

Average Volume

3,031,884 shs

Market Capitalization

$36.10 billion

P/E Ratio

17.78

Dividend Yield

7.87%

Beta

0.75

Frequently Asked Questions

What sell-side analysts currently cover shares of TC Energy?

The following Wall Street research analysts have issued stock ratings on TC Energy in the last year: Barclays PLC, BMO Capital Markets, CIBC, Jefferies Financial Group Inc., National Bank Financial, Royal Bank of Canada, Scotiabank, Stifel Nicolaus, StockNews.com, TD Securities, The Goldman Sachs Group, Inc., TheStreet, Wells Fargo & Company, and Wolfe Research.
View the latest analyst ratings for TRP.

What is the current price target for TC Energy?

6 Wall Street analysts have set twelve-month price targets for TC Energy in the last year. Their average twelve-month price target is $48.83, suggesting a possible upside of 35.3%. Barclays PLC has the highest price target set, predicting TRP will reach $55.00 in the next twelve months. The Goldman Sachs Group, Inc. has the lowest price target set, forecasting a price of $32.00 for TC Energy in the next year.
View the latest price targets for TRP.

What is the current consensus analyst rating for TC Energy?

TC Energy currently has 1 sell rating, 6 hold ratings and 5 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in TRP, but not buy more shares or sell existing shares.
View the latest ratings for TRP.

What other companies compete with TC Energy?

Other companies that are similar to TC Energy include Kinder Morgan, Targa Resources, Williams Companies, Energy Transfer and Western Midstream Partners. Learn More about companies similar to TC Energy.

How do I contact TC Energy's investor relations team?

TC Energy's physical mailing address is 450 - 1ST STREET S.W., CALGARY A0, T2P 5H1. The pipeline company's listed phone number is (403) 920-2000 and its investor relations email address is [email protected]. The official website for TC Energy is www.transcanada.com. Learn More about contacing TC Energy investor relations.