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BMO Capital Sticks to Its Buy Rating for TC Energy (TRP)

Tipranks - Tipranks - Sat Apr 18, 7:36AM CDT

In a report released today, Benjamin Pham from BMO Capital reiterated a Buy rating on TC Energy, with a price target of $89.00.

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According to TipRanks, Pham is a 5-star analyst with an average return of 10.4% and a 69.53% success rate. Pham covers the Utilities sector, focusing on stocks such as Fortis, Emera, and Rockpoint Gas Storage, Inc. Class A.

TC Energy has an analyst consensus of Moderate Buy, with a price target consensus of $67.88.

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TRP market cap is currently C$87.13B and has a P/E ratio of 22.34.

Based on the recent corporate insider activity of 65 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TRP in relation to earlier this year.

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