Targa Resources (NYSE:TRGP) target price increased to $52.00, reported today by Goldman Sachs
- Updated: September 19, 2016
Indicating a possible upside of 0.11%, Goldman Sachs raised the price target of Targa Resources (NYSE:TRGP) to $52.
Displaying a price of $46.80, Targa Resources (NYSE:TRGP) traded 0.00% even on the day. The last stock price is up 21.34% from the 200-day average, compared with the S&P 500 which has decreased -0.01% over the date range. The company has been tracking to a 50-day average of $42.47 and 200-day average of $38.57. 0 shares of TRGP traded hands, down from ann average volume of 2,182,660
Recent Performance Graph:
With a market cap of $0.0, Targa Resources has a P/E of 0 with a 52 week low of $14.55 and a one-year high of $66.87.
In addition to Goldman Sachs reporting it’s stock price target, a total of 17 equity analysts have issued a report on the stock. The consensus target is $41.62 with four analysts rating the company a strong buy, three firms rating the stock a buy, 12 firms rating the stock a hold, 0 rating the company to underperform, and lastly 0 analystsrating the company as sell.
About Targa Resources (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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