TransCanada Co. (TSE:TRP) (NYSE:TRP) Director Louis Bergeron acquired 500 shares of the company’s stock in a transaction that occurred on Thursday, June 22nd. The stock was acquired at an average price of C$62.05 per share, with a total value of C$31,025.00.

Louis Bergeron also recently made the following trade(s):

  • On Tuesday, June 20th, Louis Bergeron acquired 940 shares of TransCanada stock. The stock was acquired at an average price of C$62.62 per share, with a total value of C$58,862.80.
  • On Thursday, June 15th, Louis Bergeron acquired 1,000 shares of TransCanada stock. The stock was acquired at an average price of C$62.24 per share, with a total value of C$62,240.00.
  • On Wednesday, June 14th, Louis Bergeron acquired 1,200 shares of TransCanada stock. The stock was acquired at an average price of C$63.15 per share, with a total value of C$75,780.00.
  • On Wednesday, June 7th, Louis Bergeron acquired 1,100 shares of TransCanada stock. The stock was acquired at an average price of C$63.12 per share, with a total value of C$69,432.00.
  • On Tuesday, May 30th, Louis Bergeron acquired 1,200 shares of TransCanada stock. The stock was acquired at an average price of C$63.07 per share, with a total value of C$75,684.00.
  • On Wednesday, May 31st, Louis Bergeron acquired 480 shares of TransCanada stock. The stock was acquired at an average price of C$62.60 per share, with a total value of C$30,048.00.

Shares of TransCanada Co. (TRP) traded down 0.74% on Thursday, hitting $62.09. 1,664,164 shares of the stock traded hands. The firm has a market cap of $54.08 billion and a P/E ratio of 97.32. The firm’s 50-day moving average is $63.36 and its 200 day moving average is $62.19. TransCanada Co. has a 12-month low of $55.15 and a 12-month high of $65.24.

Insider Buying and Selling by Quarter for TransCanada (TSE:TRP)

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Several research analysts have commented on TRP shares. Royal Bank Of Canada boosted their price target on shares of TransCanada from C$72.00 to C$76.00 and gave the stock an “outperform” rating in a report on Monday, May 8th. GMP Securities lowered their price target on shares of TransCanada from C$70.00 to C$68.00 in a report on Tuesday, March 14th. Wells Fargo & Company reiterated an “outperform” rating on shares of TransCanada in a report on Friday, March 31st. Scotiabank reiterated an “outperform” rating and set a C$69.00 price target on shares of TransCanada in a report on Tuesday, March 14th. Finally, TD Securities boosted their price target on shares of TransCanada from C$75.00 to C$77.00 and gave the stock a “buy” rating in a report on Monday, May 8th. Six analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy” and a consensus target price of C$70.22.

About TransCanada

TransCanada Corporation is an energy infrastructure company. The Company is engaged in the development and operation of North American energy infrastructure, including natural gas and liquids pipelines, power generation and natural gas storage facilities. Its segments include Canadian Natural Gas Pipelines, U.S.

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