Targa Resources Corp. – Consensus ‘buy’ rating and 38.2% Upside Potential

Broker Ratings
[shareaholic app="share_buttons" id_name="post_below_content"]

Targa Resources Corp. with ticker code (TRGP) now have 17 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between $112.00 and $90. calculating the average target price we see $98.47. Given that the stocks previous close was at $71.24 and the analysts are correct then we can expect a percentage increase in value of 38.2%. Also worth taking note is the 50 day moving average now sits at $72.37 and the 200 day MA is $71.26. The market cap for the company is 16.04B. The stock price for Iron Mountain Incorporated is 70.96 USD

The potential market cap would be $22,168,616,983 based on the market consensus.

The company has a dividend yield of 0.55%. Other points of data to note are a P/E ratio of 18.43, revenue per share of 90.36 and a 8.27% return on assets.

Targa Resources Corp. is a provider of midstream services in North America. The Company owns, operates, acquires and develops a diversified portfolio of complementary domestic midstream infrastructure assets and delivers energy across the United States. The Company is primarily engaged in the business of: gathering, compressing, treating, processing, transporting, and purchasing and selling natural gas; transporting, storing, fractionating, treating, and purchasing and selling natural gas liquids (NGLs) and NGL products, including services to liquefied petroleum gas (LPG) exporters; and gathering, storing, and purchasing and selling crude oil. Its segments are Gathering and Processing, and Logistics and Transportation. Gathering and Processing segment includes assets used in the gathering and/or purchase and sale of natural gas produced from oil and gas wells. Logistics and Transportation segment includes the activities and assets necessary to convert mixed NGLs into NGL products.

Twitter
LinkedIn
Facebook
Email
Reddit
Telegram
WhatsApp
Pocket
Find more news, interviews, share price & company profile here for:

      Search

      Search