Stock price performance of Targa Resources, Inc. is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 26.53% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 38.66% . Looking at the past 52 week period, the stock price is up at 166.99% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Targa Resources, Inc. has a positive value of 87.78 compared to overall market. Company shares have received an average consensus rating of Hold for the current week The stock has recorded a 20-day Moving Average of 0.19% and the 50-Day Moving Average is 6%.The 200 Day SMA reached 29.64%
Targa Resources Corp. is having a Relative Strength Index of 66.81 which indicates the stock is not yet over sold or over bought based on the technical indicators. Targa Resources, Inc. (NYSE:TRGP) has climbed 4.01% in the past week and advanced 2.51% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 3.89% and the outperformance has advanced to 1.6% for the last 4 weeks period.
Company has reported several Insider transactions to the SEC, on Feb 3, 2017, Jeffrey J Mcparland (officer ) sold 10,800 shares at 59.31 per share price.On Jan 20, 2017, James W Whalen (director officer ) sold 25,000 shares at 60.00 per share price.On Jan 20, 2017, Joe Bob Perkins (Chief Executive Officer) sold 50,000 shares at 60.12 per share price.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Targa Resources Corp was Upgraded by Raymond James to Outperform on Jan 12, 2017. Company shares were Downgraded by Stifel on Dec 1, 2016 to Hold, Raises Price Target to $ 52 from a previous price target of $50 .
Targa Resources, Inc. (NYSE:TRGP) : On Friday heightened volatility was witnessed in Targa Resources, Inc. (NYSE:TRGP) which led to swings in the share price. The stock opened for trading at $60.1 and hit $61.04 on the upside , eventually ending the session at $60.9, with a gain of 1.7% or 1.02 points. The heightened volatility saw the trading volume jump to 1,986,524 shares. The 52-week high of the share price is $61.25 and the company has a market cap of $11,250 million. The 52-week low of the share price is at $14.55 .
Targa Resources Corp owns general and limited partner interests in Targa Resources Partners LP, engaged in providing midstream natural gas and natural gas liquid services in the United States. The Company operates its business through two business segments: Natural Gas Gathering and Processing and NGL Logistics and Marketing. The Natural Gas 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 natural gas liquids and removing impurities. NGL Logistics and Marketing segment is engaged in gathering and storing; fractionating, storing, and transporting of finished NGLs. Targa also markets the natural gas liquids produced and purchased in selected United States markets. The Company also offers refinery services and wholesale propane marketing operations. Targa Resources Corp is headquartered in Houston, Texas.