Targa Resources, Inc. (TRGP) Lifted to Hold at ValuEngine

Stocks Under Consideration: Schlumberger Limited. (NYSE:SLB), Amazon.com, Inc. (NASDAQ:AMZN), ON Semiconductor Corp (NASDAQ:ON), Targa Resources Corp (NYSE:TRGP)

Energy Income Partners Trimmed Its Targa Res (TRGP) Position, Agrium (AGU) Shorts Lowered By 33.57%

Therefore 72% are positive. Seaport Global Securities raised shares of Targa Resources from a neutral rating to a buy rating and set a $63.00 price target for the company in a research report on Tuesday, May 2nd. Taking a look back at some historical performance numbers for Targa Resources Corp. Deutsche Bank AG lowered Targa Resources from a "buy" rating to a "hold" rating and reduced their price target for the stock from $69.00 to $47.00 in a research report on Thursday, July 13th. RBC Capital Markets maintained the stock with "Sector Perform" rating in Friday, September 23 report. The sales growth rate for a stock is a measure of how the stock's sales per share (SPS) has grown over a specific period of time. On Thursday, January 14 the stock rating was upgraded by Jefferies to "Buy".

04/17/2017 - Guggenheim began new coverage on Targa Resources, Inc. giving the company a "neutral" rating. The firm has "Buy" rating by Stifel Nicolaus given on Monday, March 13. Barclays Capital has "Equal Weight" rating and $43 target. The company has market cap of $1.69 billion. The Firm is an owner, operator and developer of enterprise-class, carrier-neutral, multi-tenant data center properties. The Company's data centers are generally purpose-built facilities with redundant power and cooling. About 817,211 shares traded. (NYSE:TRGP) opened at 46.65 on Thursday. It has outperformed by 1.72% the S&P500. Stifel Nicolaus initiated Targa Resources Corp (NYSE:TRGP) on Tuesday, May 31 with "Hold" rating. They expect $0.43 earnings per share, up 48.28% or $0.14 from last year's $0.29 per share. Macquarie started coverage on Targa Resources in a research note on Friday, April 21st. Investors of record on Tuesday, August 1st will be issued a $0.91 dividend. CRISP CHARLES R sold $434,046 worth of stock or 7,500 shares. $574,706 worth of Targa Resources Corp (NYSE:TRGP) was sold by MELOY MATTHEW J on Wednesday, May 10. 2,597 shares were sold by Middlebrooks Dan C, worth $133,066. Its the same as in 2016Q3.

Hedge funds have recently made changes to their positions in the stock. Looking ahead to earnings forecasts, for the running fiscal period, Wall Street analysts have anticipated that the company will report -0.12 earnings per share. Beck Mngmt holds 27,528 shares or 0.87% of its portfolio. Targa Resources earned a daily sentiment score of 0.17 on Accern's scale.

Pggm Investments decreased Celanese Corp Del Com Ser A (NYSE:CE) stake by 12,362 shares to 560,439 valued at $44.13 million in 2016Q4. Ubs Asset Americas owns 0.02% invested in Targa Resources Corp (NYSE:TRGP) for 345,582 shares. Howe & Rusling Incorporated reported 0.01% of its portfolio in Targa Resources Corp (NYSE:TRGP). Creative Planning boosted its position in Targa Resources by 1.4% in the second quarter. Janus Mgmt Limited Liability Company owns 228,823 shares for 0.15% of their portfolio. (NYSE: TRGP) are current 6.24% and 1.37% from the current price. Texas-based Syntal Capital Partners Limited Liability Company has invested 0.26% in Targa Resources Corp (NYSE:TRGP). M&T National Bank & Trust Corporation invested in 0.01% or 34,307 shares. Geosphere Capital invested 3.69% of its portfolio in Targa Resources Corp (NYSE:TRGP).

The Company owns, operates and develops a portfolio of midstream energy assets. The stock's market capitalization is 9.24B, it has a 52-week low of 35.35 and a 52-week high of 61.83. It provides midstream services. The Company's divisions include the Peruvian operations, the Mexican open-pit activities and the Mexican underground mining activities segment identified as the IMMSA unit.

Ratings analysis reveals 67% of CyrusOne's analysts are positive. The other 7, though not evenly; between analysts who think you should buy MKS Instruments, Inc. versus those who think you should sell it. SCCO was included in 4 notes of analysts from August 22, 2016. Citigroup downgraded the shares of CONE in report on Wednesday, January 25 to "Sell" rating. Agrium Inc. had 57 analyst reports since August 6, 2015 according to SRatingsIntel. AZO's profit will be $424.67M for 8.27 P/E if the $15.22 EPS becomes a reality. Next quarter's EPS is estimated at $-0.03 and the next full year EPS is projected to be $0.27. United Bankshares, Inc. (UBSI) shares have moved -0.66% in the week and -6.26% in the month. Moreover, Waterfront Capital Partners Llc has 4.5% invested in the company for 629,979 shares. The stock, after recent close, is 3.11% up their SMA 50 and -0.68% off the 52-week high. 146.32 million shares or 1.69% more from 143.89 million shares in 2016Q3 were reported. About 296,684 shares traded. Agrium Inc. (USA) (NYSE:AGU) has risen 5.50% since July 18, 2016 and is uptrending.

Latest News