TC Energy Corp (TRP) Stock Forecast & Price Target
TC Energy Corp · NYSE
$63.46+0.85 (+1.36%)
15-min delayed · Sep 8, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 3 firms covering TC Energy Corp, 1 rate it Buy or better, 2 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets span $62.00 to $106.00, a moderate spread. The average target of $84.33 sits 33% above the current $63.46. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.97 next quarter toward $3.92 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS3 ratings
Moderate Buy
Strong Buy00%
Buy133%
Hold267%
Sell00%
Strong Sell00%
Based on 3 analysts giving stock ratings to TC Energy Corp.
As of Sep, 1 of 3 firms rate TRP a Buy (2 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
TRP EPS & revenue forecast
EPS · NEXT QUARTER
$0.97
Range $0.89 – $1.07 · 15 analysts · -1% YoY
Next period, 15 analysts expect TC Energy Corp to earn $0.97 a share (range $0.89 – $1.07), versus $0.98 a year earlier. Full-year consensus is $3.74, growing to $3.92 the year after.
REVENUE · NEXT QUARTER
$4.1B
Range $4.0B – $4.2B · 15 analysts · -1% YoY
Revenue is expected to reach $4.1B (range $4.0B – $4.2B), -0.7% year-over-year. Full-year consensus is $16.0B, rising to $16.9B next year.
Top analysts covering TC Energy Corp
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on TRP.
#1
John Mackay
Goldman Sachs · Rank #99
Hold
$69.00+8.7% to target
Overall win rate
51%
+ Follow
#2
Theresa Chen
Barclays · Rank #122
Buy
$102.00+60.7% to target
Overall win rate
41%
+ Follow
#3
JT
Jeremy Tonet
JP Morgan · Rank #129
Buy
$106.00+67.0% to target
Overall win rate
44%
+ Follow
#4
MC
Maurice Choy
RBC Capital
Buy
$106.00+67.0% to target
Coverage
—
+ Follow
#5
RC
Robert Catellier
CIBC
Buy
$103.00+62.3% to target
Coverage
—
+ Follow
TRP stock forecast FAQ
What is TRP's average 12-month price target?+
The 3 analysts with a live target average $84.33 for TC Energy Corp over the next 12 months, ranging from a $106.00 high to a $62.00 low.
Is TRP stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 3 analyst ratings, 1 are Buy or Strong Buy, 2 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for TRP?+
The Street-high target is $106.00 (RBC Capital), and the Street-low is $62.00 (Goldman Sachs). The average of all 3 active targets is $84.33.
How many Wall Street analysts cover TRP?+
3 analysts have an active rating on TC Energy Corp, and 3 firms carry a live 12-month price target.
Who is the most accurate analyst covering TRP?+
Among analysts who currently cover TRP, John Mackay of Goldman Sachs has the strongest overall Quantellect track record (Rank #99). Their current call is Hold with a $69.00 target.
What is TC Energy Corp's projected EPS for next quarter?+
The consensus estimate is $0.97 per share (range $0.89 – $1.07) across 15 analysts. Full-year EPS is projected at $3.74, rising to $3.92 the following year.
How much revenue is TC Energy Corp expected to report next quarter?+
Consensus revenue is $4.1B (range $4.0B – $4.2B). Full-year revenue is projected at $16.0B, growing to $16.9B next year.
Have analysts been upgrading or downgrading TRP lately?+
As of Sep, 1 of 3 firms rate TRP a Buy (2 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their TRP calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
