Ratings Targa Resources Corp.

Equities

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09-11	Argus Raises Targa Resources' Price Target to $170 From $169, Keeps Buy Rating	MT
09-10	JPMorgan Raises Price Target on Targa Resources to $175 From $160	MT

Overall, and from a short-term perspective, the company presents an interesting fundamental situation.

The earnings growth currently anticipated by analysts for the coming years is particularly strong.
Analysts remain confident with respect to the group's activity and, more often than not, have revised upwards their earnings per share estimates.
Analysts covering this company mostly recommend stock overweighting or purchase.
The average price target of analysts who are interested in the stock has been strongly revised upwards over the last four months.

One of the major weak points of the company is its financial situation.
The company benefits from high valuations in earnings multiples.
The company appears highly valued given the size of its balance sheet.
The company is highly valued given the cash flows generated by its activity.
The sales outlook for the group was lowered in the last twelve months. This change in forecast points out a decline in activity as well as pessimistic analyses of the company.
The group usually releases earnings worse than estimated.

Source: Surperformance

Source: Refinitiv

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Composite Fundamentals	Composite Valuation	Composite Momentum	Capi. ($)
	TARGA RESOURCES CORP.				32.47B
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	ENTERPRISE PRODUCTS PARTNERS L.P.				64.28B
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	CHENIERE ENERGY PARTNERS, L.P.				23.63B
	Average				48.13B
	Weighted average by Cap.