TSX:TRP - Post Discussion
Post by
TimeBuilder on Jun 23, 2023 1:59pm
Noted = National Bank notes
10:21 AM EDT, 06/22/2023 (MT Newswires) -- National Bank of Canada said Wednesday that TC Energy Corp. (TRP.TO) outlined its strategic approach towards supporting the energy transition during the Sustainable Energy Forum.
The bank said TC Energy's strategy continues to be guided by key signposts including government policy, new technologies and innovation, consumer preferences, and overall demand for reliability/sustainability.
National Bank noted that over 60% of TC Energy's sanctioned capital is directly enabling energy transition, with 13% of its $34 billion capital program committed towards low-carbon investments.
The bank gave TC Energy a sector perform rating with a $54.00 price target.
Price: 52.89, Change: -0.62, Percent Change: -1.16
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