May 02, 2025 a 05:00 pm
TRGP: Analysts Ratings - Targa Resources Corp.
Targa Resources Corp. has shown consistent strong performance in the midstream energy sector, as evidenced by recent analyst ratings. With a focus on natural gas and natural gas liquids, the company benefits from substantial infrastructure and market positioning. This translates to mostly positive recommendations, with significant analyst confidence depicted through strong buy and buy ratings.
Historical Stock Grades
| Recommendation | Number | Score |
|---|---|---|
| Strong Buy | 6 | |
| Buy | 15 | |
| Hold | 2 | |
| Sell | 0 | |
| Strong Sell | 1 |
Sentiment Development
The overall sentiment towards Targa Resources Corp. has remained relatively stable with a strong emphasis on buy recommendations. - Over the past months, the company has consistently held a high number of buy ratings, with minor fluctuations in hold and strong sell analyses. - The latest data shows a minor shift towards hold with 2 recommendations, after previously maintaining a consistently low count in this category. - The company sees stable strong buy recommendations, reflecting a sustained confidence in its market position.
Percentage Trends
Recent data suggest a notable stability in the distribution of ratings for TRGP with little variation month-to-month, indicating even distributions in investor interpretation. - From May 2024 to May 2025, the percentage of strong buy recommendations has slightly decreased, while buy recommendations have remained dominant. - Hold recommendations increased notably between April and May 2025, reflecting a slight pullback in aggressive investment action. - The long-term stability in buy-related ratings suggests previous investor confidence remains robust while showing minor cautious adjustments in hold trends.
Latest Analyst Recommendations
| Date | New Recommendation | Last Recommendation | Publisher |
|---|---|---|---|
| 2025-04-29 | Sector Outperform | Sector Outperform | Scotiabank |
| 2025-04-28 | Outperform | Outperform | Mizuho |
| 2025-04-09 | Overweight | Overweight | Barclays |
| 2025-03-21 | Overweight | Overweight | Barclays |
| 2025-03-18 | Buy | Buy | Truist Securities |
Analyst Recommendations with Change of Opinion
| Date | New Recommendation | Last Recommendation | Publisher |
|---|---|---|---|
| 2022-03-18 | Buy | Neutral | Mizuho |
| 2022-03-17 | Buy | Neutral | Mizuho |
| 2021-11-15 | Outperform | In Line | Evercore ISI Group |
| 2021-11-14 | Outperform | In Line | Evercore ISI Group |
| 2021-04-14 | Outperform | Peer Perform | Wolfe Research |
Interpretation
Targa Resources Corp. continues to receive solid support from analysts, underpinned by its stable strong buy and buy recommendations. The stability in these ratings suggests sustained confidence from the market analysts, with increasing consideration towards hold as reflective of cautious investment strategies in the current energy market landscapes. The analyst sentiment appears consistent with an underlying belief in the robust infrastructure and future prospects of the company. - Emerging trends do not signal alarm for significant shifts in confidence, though increased hold considerations hint at an evaluation of potential market fluctuations.
Conclusion
Targa Resources Corp. demonstrates consistent analyst approval characterized by strong buy and buy ratings, with a slight recent uptick in hold recommendations. Such shifts imply potential investor prudence but overall confidence in the company’s long-term performance. The evolution of ratings over the years confirms Targa Resources’ reliability in the energy midstream sector, balancing risks with substantial infrastructure and market positioning strengths. Overall, Targa Resources Corp. is positioned well within its sector, offering opportunities leveraged by consistent market trust and minimal negative sentiment.