Targa Resources Corp. is significantly active in the energy, power, and renewables sector, participating in major events like
J.P. Morgan Energy Conference. Analysts, brokerages and asset management firms like Royal London Asset Management and
Blackstone Inc., are significantly increasing their stake in the company, pointing towards a bullish trend. Targa also boasts a
Return on Equity (ROE) of 30%, indicating robust financial health and making it an attractive stock. Moreover, analysts have revised the
revenue estimates for Targa upwards, adding to the bullish indicators. However, insider selling activity, with key executives and directors offloading their shares, may imbalance this perspective. Targa has a strong potential for a dividend payout, demonstrating strong returns and overall potential. Significant holdings in Targa by financial giants like
Price T Rowe Associates and
The Manufacturers Life Insurance Company also demonstrate high confidence in its financial performance. The stock's price target has been revised up by key institutions, including
UBS Group and
Morgan Stanley, further signaling positive sentiment.
Targa Resources Corp TRGP News Analytics from Fri, 04 Aug 2023 07:00:00 GMT to Sat, 15 Jun 2024 10:19:24 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor 4
