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Targa Resources Corp TRGP - News Analyzed: 3,877 - Last Week: 100 - Last Month: 500

⇑ Targa Resources Corp (TRGP): A Great Dividend Stock with 30% ROE seeing increased Institutional Interest

Targa Resources Corp (TRGP): A Great Dividend Stock with 30% ROE seeing increased Institutional Interest
Targa Resources Corp (TRGP) share purchases are being made by entities such as SG Americas Securities, Mediolanum International Funds Ltd, and PNC Financial Services Group Inc., indicating possible market confidence. SG investment, in particular, is known for its strong portfolio. The dividend announcement has led to a new 1-year high in stock price. Notably, ROE (Return on Equity) stands at a strong 30%, attracting attention in the market. Swiss National Bank and Sumitomo Mitsui Trust Holdings Inc. have substantial stakes in TRGP, suggesting their belief in the company's future prospects. Critically, Targa's stock has observed a strong increase over the past three years and is being rated 'Buy' by brokerages, denoting potential for future upward progression. However, some insider activity does contrast this sentiment with recent sales being made by insiders like Robert Muraro. Targa's EBITDA is improving and may suggest potential upside. The company is also noted to handle its debt responsibly. Citi maintains its buy rating on Targa, indicating potential market confidence.

Targa Resources Corp TRGP News Analytics from Tue, 03 Nov 2015 08:00:00 GMT to Sun, 14 Jul 2024 18:52:49 GMT - Rating 8 - Innovation 6 - Information 8 - Rumor 4

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