Goldman Sachs has upgraded its outlook for TC Energy (NYSE: TRP) from Sell to Neutral as of April 20, 2026. The average one-year price target for the company is set at $64.08 per share, reflecting a potential upside of 5.37% from its recent closing price of $60.81.
TC Energy’s projected annual revenue is expected to reach $16.37 billion, representing a 7.42% increase. Currently, 644 institutions hold positions in TC Energy, but this number has decreased by 30.83% in the last quarter. The average portfolio weight in TRP among funds has risen by 46.89% to 0.33%.
Significant changes in ownership include the Royal Bank of Canada reducing its stake from 128.01 million shares to 94.32 million shares, a decrease of 35.71%. Meanwhile, Bank of Montreal increased its holdings from 39.34 million shares to 49.40 million shares, a rise of 20.37%.
