TRGP stock forecast

Our latest prediction for Targa Resources Corp.'s stock price was made on the Jan. 20, 2017 when the stock price was at 60.05$.

In the short term (2weeks), TRGP's stock price should underperform the market by -0.18%. During that period the price should oscillate between -3.88% and +3.62%.

In the medium term (3months), TRGP's stock price should outperform the market by 0.19%. During that period the price should oscillate between -9.86% and +10.94%.

About Targa Resources Corp.

Targa Resources Corp. provides midstream natural gas and natural gas liquids services. It also provides gathering, storing, and terminaling crude oil and storing, terminaling, and selling refined petroleum products. It operates through the following business segments: Gathering and Processing, and Logistics and Marketing. The Gathering and Processing segment includes assets used in the gathering of natural gas produced from oil and gas wells and processing this raw natural gas into merchantable natural gas by extracting NGLs and removing impurities; and assets used for crude oil gathering and terminaling. The Logistics and Marketing segment includes all the activities necessary to convert mixed NGLs into NGL products and provides certain value added services such as storing, fractionating, terminaling, transporting and marketing of NGLs and NGL products, including services to LPG exporters; storing and terminaling of refined petroleum products and crude oil and certain natural gas supply and marketing activities in support of its other businesses. The company was founded on October 27, 2005 and is headquartered in Houston, TX.

At the moment the company generates 10589M USD in revenues.

On its last earning announcement, the company reported a profit of 1.33$ per share.

The book value per share is 27.57$

Targa Resources Corp. website