TC Energy Stock Soars 7.31% on Positive Outlook

TC Energy's stock surged 7.31% in pre-market trading on April 22, 2025, reflecting a significant upward momentum.

TC Energy has seen a notable increase in its stock price over the past year, with a 40% gain. This upward trend has sparked interest among investors, who are now considering whether to buy, hold, or sell the stock. Analysts have provided mixed ratings, with some recommending a hold, while others suggest a buy or strong buy. The consensus rating from analysts is a "Moderate Buy," indicating a generally positive outlook for the stock.

TD Securities has issued a positive forecast for TC Energy, raising their target price from C$73.00 to C$74.00 and assigning a "buy" rating. This move underscores the confidence in the company's future performance. Additionally, the stock's beta of 0.89 suggests that it is slightly less volatile than the broader market, which could be appealing to risk-averse investors.