Targa Resources Corp (TRGP) has been consistently in the
news, drawing attention from institutional investors, analysts, and shareholders alike. Reports show that Swiss National Bank, Metis Global Partners, and International Assets Investment Management all have multimillion-dollar holdings in the company. TRGP's promising financials: surplus positions in earnings estimates, and a rise in year-over-year earnings, likely contribute to investors' confidence and positive actions from entities such as Capital One Financial. Amidst shareholder activities like Cwm LLC purchasing additional shares, it is noteworthy that
Targa's top-ranking officer has sold a large number of shares. Multiple analyses concluded that the company's shares are undervalued, which combined with forecasted growth in dividends, may be indicative of a potential upside. However, some bearish signals exist, illustrated by insider stock disposal. Despite this, TRGP showcases a strong performance with a noteworthy return on equity, and some analysts anticipate further upward trend. Furthermore, recent news of their
commitment to transparency and the recent Board and Committee appointments certainly paints a compelling picture. Notably, Targa has been involved in significant transactions such as the acquisition of Lucid Energy Group and the major buyout deal with Blackstone.
Targa Resources Corp TRGP News Analytics from Tue, 03 Nov 2015 08:00:00 GMT to Tue, 07 May 2024 22:18:39 GMT -
Rating 6
- Innovation 2
- Information 8
- Rumor -5
