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TC Energy Corp has a consensus price target of $49.43 based on the ratings of 10 analysts. The high is $55 issued by Barclays on January 29, 2024. The low is $32 issued by Goldman Sachs on January 26, 2024. The 3 most-recent analyst ratings were released by Barclays, Goldman Sachs, and Barclays on January 29, 2024, January 26, 2024, and December 4, 2023, respectively. With an average price target of $46 between Barclays, Goldman Sachs, and Barclays, there's an implied 0.78% upside for TC Energy Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for TC Energy (NYSE:TRP) was reported by Barclays on January 29, 2024. The analyst firm set a price target for $55.00 expecting TRP to rise to within 12 months (a possible 20.49% upside). 6 analyst firms have reported ratings in the last year.
The latest analyst rating for TC Energy (NYSE:TRP) was provided by Barclays, and TC Energy maintained their equal-weight rating.
The last upgrade for TC Energy Corp happened on October 17, 2023 when Wolfe Research raised their price target to N/A. Wolfe Research previously had an underperform for TC Energy Corp.
The last downgrade for TC Energy Corp happened on July 28, 2023 when TD Securities changed their price target from $62 to $50 for TC Energy Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of TC Energy, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for TC Energy was filed on January 29, 2024 so you should expect the next rating to be made available sometime around January 29, 2025.
While ratings are subjective and will change, the latest TC Energy (TRP) rating was a maintained with a price target of $53.00 to $55.00. The current price TC Energy (TRP) is trading at is $45.65, which is out of the analyst’s predicted range.
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