Weekly Targa Resources Corp. (NYSE:TRGP) Ratings

November 10, 2018 - By Catherine Smith

During Q2 2018 the big money sentiment decreased to 1.16. That’s change of 0.17, from 2018Q1’s 1.33. 36 investors sold all, 111 reduced holdings as Targa Resources Corp. ratio worsened. 126 increased positions while 45 funds amassed positions. Funds hold 201.41 million shares thus 0.59% less from 2018Q1’s 202.60 million shares.
Highland Capital Management Lp accumulated 1.06% or 377,733 shs. Salient Tru Lta holds 14,836 shs. Trust Of Vermont holds 0% or 200 shs. Macquarie Grp Inc Ltd invested in 65,973 shs or 0.01% of the stock. Mariner Limited Liability Corp has invested 0.03% in Targa Resources Corp. (NYSE:TRGP). Aviva Pcl reported 106,213 shs. Metropolitan Life Insur Co New York holds 238,109 shs or 0% of its capital. Jcic Asset Mngmt Inc holds 63 shs or 0% of its capital. Stratos Wealth Partners Limited holds 0.04% of its capital in Targa Resources Corp. (NYSE:TRGP) for 19,289 shs. Engy Income Prns reported 559,778 shs stake. Robeco Institutional Asset Management Bv accumulated 3,875 shs. Blackstone Gp L P has 0.06% invested in Targa Resources Corp. (NYSE:TRGP). Barrow Hanley Mewhinney & Strauss Ltd Llc owns 407 shs. Shanda Asset Management Ltd has invested 0.56% of its capital in Targa Resources Corp. (NYSE:TRGP). Adage Prtnrs Limited Com holds 0.08% in Targa Resources Corp. (NYSE:TRGP) or 700,000 shs.

Targa Resources Corp. had 3 sales and 0 insider buys since August 14, 2018. This’s net activity of $334,513. 3,100 Targa Resources Corp. (NYSE:TRGP) shs with value of $167,811 were sold by CRISP CHARLES R.

Targa Resources Corp. (NYSE:TRGP) Ratings Coverage

A total of 12 analysts rate Targa Resources (NYSE:TRGP) as follows: 8 “Buy”, 4 “Hold” and 0 “Sell”. Š¢herefore 67% are bullish. (NYSE:TRGP) has 14 ratings reports on Nov 10, 2018 according to StockzIntelligence. On Thursday, October 25 the stock of Targa Resources Corp. (NYSE:TRGP) has “Buy” rating given by Bank of America. On Tuesday, September 18 the stock of Targa Resources Corp. (NYSE:TRGP) earned “Outperform” rating by Wells Fargo. On Wednesday, October 17 the stock has “Strong Buy” rating by Raymond James. On Friday, August 17 the stock of Targa Resources Corp. (NYSE:TRGP) has “Equal-Weight” rating given by Morgan Stanley. On Thursday, October 11 the rating was maintained by Stifel Nicolaus with “Buy”. In Friday, August 10 report UBS maintained it with “Buy” rating and $61 target. On Tuesday, June 12 Barclays Capital downgraded Targa Resources Corp. (NYSE:TRGP) to “Equal-Weight” rating. The stock rating was maintained by Citigroup with “Buy” on Tuesday, July 31. On Wednesday, August 29 Barclays Capital maintained Targa Resources Corp. (NYSE:TRGP) rating. Barclays Capital has “Equal-Weight” rating and $54 target. On Friday, August 10 the firm earned “Outperform” rating by RBC Capital Markets. Listed here are Targa Resources Corp. (NYSE:TRGP) PTs and latest ratings.

25/10/2018 Broker: Bank of America Old Rating: Neutral New Rating: Buy Upgrade
17/10/2018 Broker: Raymond James Old Rating: Strong Buy New Rating: Strong Buy Old Target: $58 New Target: $64 Maintain
11/10/2018 Broker: Credit Suisse Rating: Neutral New Target: $60 Initiates Coverage On
11/10/2018 Broker: Stifel Nicolaus Old Rating: Buy New Rating: Buy Old Target: $57 New Target: $66 Maintain
03/10/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Overweight Old Target: $54 New Target: $65 Upgrade
18/09/2018 Broker: Wells Fargo Old Rating: Market Perform New Rating: Outperform Old Target: $55 New Target: $63 Upgrade
29/08/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $52 New Target: $54 Maintain
17/08/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $51 New Target: $55 Maintain
10/08/2018 Broker: RBC Capital Markets Old Rating: Outperform New Rating: Outperform Old Target: $60 New Target: $62 Maintain
10/08/2018 Broker: UBS Old Rating: Buy New Rating: Buy Old Target: $60 New Target: $61 Maintain

TRGP hit $50.55 during the last trading session after $1.69 change.Targa Resources Corp. is uptrending after having risen 19.79% since November 10, 2017. TRGP has 2.64 million volume or 47.27% up from normal. The stock outperformed the S&P 500 by 4.17%.

Targa Resources Corp., through its general and limited partner interests in Targa Resources Partners LP, provides midstream natural gas and natural gas liquid services in the United States.The firm is worth $11.40 billion. The firm operates in two divisions, Gathering and Processing, and Logistics and Marketing.The P/E ratio is 85.53. It is involved in gathering, compressing, treating, processing, and selling natural gas; storing, fractionating, treating, transporting, terminaling, and selling NGLs and NGL products; and gathering, storing, and terminaling crude oil and refined petroleum products.

Another two news for Targa Resources Corp. (NYSE:TRGP) were briefly announced by: Globenewswire.com on October 15, 2018 with title “Targa Resources Partners LP Announces Monthly Distribution on Preferred Units”. The other Bizjournals.com‘s article was titled “Best in class: Here’s where Texas’ Fortune 500 CEOs studied” and announced on November 07, 2018.

Targa Resources Corp. (NYSE:TRGP) Institutional Investors Chart

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