Targa Resources Corp (TRGP) has been generating significant interest based on its positive financial performance and potential for consistent dividend returns. Notable investment firms, including
Nordea Investment Management AB and
Franklin Resources Inc., have notably increased their stock holdings.
Diversified Trust Co and
MML Investors Services LLC have taken similar steps. Renowned investment commentator
Jim Cramer has also highlighted Targa's potential. Aiding this positive sentiment is the company's impressive
34% return on equity(ROE), cited as being above average, and prospects for strong operational metrics within the midstream sector.
Goldman Sachs and other analysts have additionally labeled the company’s stock as a potentially high consensus ROE. Despite some shifts in shares by internal stakeholders, such as sales by Chief Commercial Officer
Robert Muraro, investor confidence remains high. Targa has also shown noteworthy growth in the past five years, with significant gains for investors who bought in during this period. All these factors, along with Targa's strong Q3 2024 earnings, have led to soaring stock prices, with multiple analysts raising their price targets.
Targa Resources Corp TRGP News Analytics from Fri, 04 Sep 2020 23:15:18 GMT to Sat, 11 Jan 2025 08:30:37 GMT -
Rating 8
- Innovation 4
- Information 9
- Rumor -2
