CIBC analyst Robert Catellier reiterated a Buy rating on TC Energy Corporation (TRP) yesterday and set a price target of $73.00. The company’s shares closed last Monday at $50.95, close to its 52-week high of $52.69.
Catellier has an average return of 14.4% when recommending TC Energy Corporation.
According to TipRanks.com, Catellier is ranked #686 out of 5590 analysts.
Currently, the analyst consensus on TC Energy Corporation is a Moderate Buy with an average price target of $63.14.
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TC Energy Corporation’s market cap is currently $47.49B and has a P/E ratio of 14.97. The company has a Price to Book ratio of 2.38.
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TC Energy Corporation engages in the provision of energy infrastructure services. It operates through the following business segments: Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexico Natural Gas Pipelines, Liquids Pipelines, Power and Storage, and Corporate.
