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TC Energy (TRP) Gets a Buy from Wells Fargo

Tipranks - Sat Mar 21, 3:50PM CDT

Wells Fargo analyst Praneeth Satish maintained a Buy rating on TC Energy yesterday and set a price target of C$100.00. The company’s shares closed today at C$88.18.

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According to TipRanks, Satish is a 4-star analyst with an average return of 8.2% and a 60.00% success rate. Satish covers the Energy sector, focusing on stocks such as TC Energy, Williams Co, and Pembina Pipeline.

In addition to Wells Fargo, TC Energy also received a Buy from RBC Capital’s Maurice Choy in a report issued on March 18. However, on March 15, TipRanks – OpenAI reiterated a Hold rating on TC Energy (NYSE: TRP).

The company has a one-year high of C$89.68 and a one-year low of C$62.17. Currently, TC Energy has an average volume of 4.99M.

Based on the recent corporate insider activity of 91 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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