Targa Resources’ stock price has fluctuated within a 52-week range, with a current price of $169.65 and valuation metrics indicating a price-to-earnings ratio of 31.13 and price-to-book ratio of 15.05.
Targa Resources Corp’s stock price has been volatile, but quantitative models suggest it’s a promising investment opportunity with potential for substantial returns.
Targa Resources Corp has completed a $1.5 billion public offering of senior notes, aimed at optimizing its capital structure and providing stability through lower interest rates and longer maturity profiles.
Targa Resources Corp remains a strong dividend stock option despite recent price target revisions, driven by its solid market position and attractive yield.