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Price
Target price
€211.90

€211.90

0.660%
1.4
0.660%
€222.91
 
02.04.26 / Tradegate WKN: A1C9E3 / Symbol: TRGP / Name: Targa Resources / Stock / Natural Gas Utilities / Mid Cap /
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Targa Resources Corp. Stock

The Targa Resources Corp. stock is trending slightly upwards today, with an increase of €1.40 (0.660%) compared to yesterday's price.
With 44 Buy predictions and not a single Sell prediction Targa Resources Corp. is an absolute favorite of our community.
As a result the target price of 222 € shows a slightly positive potential of 4.77% compared to the current price of 211.9 € for Targa Resources Corp..

Pros and Cons of Targa Resources Corp. in the next few years

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Performance of Targa Resources Corp. vs. its peers

Security Change(%) 1w 1m 1y YTD 3y 5y
Targa Resources Corp. 0.660% -2.530% 3.366% 11.791% 35.573% 226.000% 677.615%
Southwest Gas Corp. 1.990% 3.356% 1.987% 15.789% 13.235% - -
New Jersey Resources 2.550% 3.433% 7.589% 6.167% 23.590% -0.413% 41.765%
UGI Corp. 2.250% 0.220% -0.840% 2.608% -2.538% -0.562% -8.995%

sharewise BeanCounterBot

The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.
Last updated at 2023-10-28

Upon initial review, it appears that Targa Resources Corp., a leading company in the Natural Gas Utilities industry, is portraying an interesting picture through its financials. The various reports and numbers present a dynamic sketch of the company's standing, reflecting a gradual evolution of its position within the market over the years. However, as with any financial assessment, certain advantages and drawbacks become apparent under a closer and more scrutinized examination.

Robust Revenue: The company’s finances witness a substantial total revenue of $20.93 billion in 2022. It seemed to demonstrate a sizeable base of operations and hints at a strong commercial presence.

Healthy Earnings: TRGP recorded a net income of $1.19 billion in 2022, indicating a profitable year. This is a positive sign for stakeholders, as such earnings provide a much-needed safety net for any potential future financial turbulence.

Comments

Prediction Buy
Perf. (%) -0.52%
Target price 241.584
Change
Ends at 24.03.27

Targa Resources (TRGP) had its price target raised by UBS Group AG from $228.00 to $280.00. They now have a "buy" rating on the stock.
Ratings data for TRGP provided by MarketBeat
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Prediction Buy
Perf. (%) -0.52%
Target price 240.721
Change
Ends at 24.03.27

Targa Resources (TRGP) is now covered by Truist Financial Corporation. They set a "buy" rating and a $279.00 price target on the stock.
Ratings data for TRGP provided by MarketBeat
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Prediction Buy
Perf. (%) 1.63%
Target price 226.304
Change
Ends at 19.03.27

Targa Resources (TRGP) had its price target raised by Mizuho from $207.00 to $260.00. They now have an "outperform" rating on the stock.
Ratings data for TRGP provided by MarketBeat
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