Goldman Sachs Group Inc. announced Targa Resources Corp (NYSE:TRGP), bumping its price target to $52.00 earlier today
- Updated: September 19, 2016
Reporting a possible upside of 0.11%, Goldman Sachs Group Inc. bumped the price target of Targa Resources Corp (NYSE:TRGP) to $52.
Displaying a price of $46.80, Targa Resources Corp (NYSE:TRGP) traded 0.00% even on the day. With the last stock price close up 21.34% from the 200-day moving average, compared with the S&P 500 Index which has decreased -0.01% over the same time. Targa Resources Corp has registered a 50-day moving average of $42.47 and two hundred day average of $38.57. 0 shares of TRGP exchanged hands, down from ann average volume of 2,182,660
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Targa Resources Corp has a 52 week low of $14.55 and a 52 week high of $66.87 . TRGP’s total market value is currently $0.0.
A total of 17 firms have issued a research note on TRGP. Four firms rate the company a strong buy, three analysts rate the company a buy, 12 firms rate the stock a hold, 0 rate the stock to underperform, and finally 0 firmsrate the stock as sell with an average target price of $41.62
About Targa Resources Corp (NYSE:TRGP)
Targa Resources Corp., through its general and limited partner interests in Targa Resources Partners LP (the Partnership), is a provider of midstream natural gas and natural gas liquid (NGL) services in the United States. The Partnership is engaged in the business of gathering, compressing, treating, processing and selling natural gas and storing, fractionating, treating, transporting, terminaling and selling NGLs, NGL products, and gathering, storing and terminaling crude oil and refined petroleum products. The Partnership operates in two divisions: Gathering and Processing, and Logistics and Marketing. The Gathering and Processing division consists of two segments: Field Gathering and Processing, and Coastal Gathering and Processing. The Logistics and Marketing division consists of two segments: Logistics Assets, and and Marketing and Distribution.
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