Targa Resources Corp.TRGPNYSE

Overview Intelligence Charts News Fundamentals

Analyst Sentiment

Analysts lean bullish — 100% recommend buying.

Consensus Rating

Buy

19 analysts·Moderate coverage

100%

Rating Distribution

Strong Buy

15%

Buy

1895%

Hold

00%

Sell

00%

Strong Sell

00%

Analyst ratings reflect Wall Street opinion, not guarantees. Historical accuracy varies by firm and sector.

Price Target Expectations

Current price is 4% above analyst consensus — near fair value expected.

Bear Case

$207.00

-15%

Consensus

$234.80

-4%

Bull Case

$266.00

+9%

Price Range19 analysts

Low

Consensus

High

$207.00

$266.00

Current Target

Current Price

$244.04

Above Target

$9.24

Price targets are 12-month forecasts. Actual results depend on earnings, market conditions, and sector trends.

Earnings & Revenue Estimates

2026E$9.96(7 analysts)

P/E28x

Current: 28.4x

Actual

Estimate

Range (Low–High)

Stock Alarm Pro

Forward Growth Estimates (YoY)

FY2027

Rev+10.16%

EPS+13.81%

FY2028

Rev-11.80%

EPS+17.65%

FY2029

Rev+8.01%

EPS+5.56%

Earnings Surprises

Beat rate:50%(6/12 quarters)

Avg surprise:-9.6%

Beat

Miss

Inline

Estimate

Based on reported EPS vs consensus estimate.

Recent Analyst Actions

Feb 24, 2026Scotiabank

Targa Resources (TRGP) PT Raised to $246 at Scotiabank

Target:$246.00

+7.2%from $229.47

Feb 20, 2026Goldman Sachs

Targa Resources price target raised to $242 from $196 at Goldman Sachs

Target:$242.00

+4.6%from $231.35

Feb 20, 2026BMO Capital

Targa Resources (TRGP) PT Raised to $241 at BMO Capital

Target:$241.00

+5.7%from $227.92

Feb 20, 2026Stifel Nicolaus

Targa Resources price target raised to $243 from $213 at Stifel

Target:$243.00

+8.4%from $224.16

Feb 20, 2026Barclays

Targa Resources price target raised to $226 from $191 at Barclays

Target:$226.00

+0.8%from $224.16

Feb 18, 2026Seaport Global

Targa Resources price target raised to $231 from $193 at Seaport Research

Target:$231.00

+1.1%from $228.59

Jan 28, 2026Morgan Stanley

Targa Resources price target raised to $266 from $264 at Morgan Stanley

Target:$266.00

+33.0%from $199.96

Jan 16, 2026Scotiabank

Targa Resources price target raised to $224 from $199 at Scotiabank

Target:$224.00

+22.6%from $182.73

Jan 12, 2026Goldman Sachs

Targa Resources (TRGP) PT Raised to $196 at Goldman Sachs

Target:$196.00

+10.8%from $176.86

Dec 18, 2025Wells Fargo

Targa Resources price target raised to $207 from $205 at Wells Fargo

Target:$207.00

+13.5%from $182.37

Dec 17, 2025Scotiabank

Targa Resources price target raised to $199 from $198 at Scotiabank

Target:$199.00

+10.6%from $179.92

Dec 3, 2025RBC Capital

Targa Resources price target raised to $218 from $213 at RBC Capital

Target:$218.00

+24.9%from $174.47

Dec 2, 2025UBS

Targa Resources (TRGP) Reiterated at Buy by UBS Ahead of Stakeholder Deal

Target:$228.00

+31.5%from $173.39

Nov 6, 2025Stifel Nicolaus

Targa Resources price target lowered to $213 from $216 at Stifel

Target:$213.00

+24.8%from $170.72

Aug 29, 2025Mizuho Securities

Targa Resources price target lowered to $207 from $212 at Mizuho

Target:$207.00

+24.0%from $166.96

Jun 26, 2025RBC Capital

Targa Resources price target raised to $205 from $191 at RBC Capital

Target:$205.00

+17.1%from $175.01

May 20, 2025Scotiabank

Targa Resources price target lowered to $193 from $199 at Scotiabank

Target:$193.00

+19.2%from $161.93

May 20, 2025Mizuho Securities

Targa Resources price target lowered to $212 from $218 at Mizuho

Target:$212.00

+30.9%from $161.93

Mar 17, 2025Morgan Stanley

Targa Resources price target raised to $244 from $202 at Morgan Stanley

Target:$244.00

+24.1%from $196.60

Mar 6, 2025Scotiabank

Targa Resources price target lowered to $210 from $218 at Scotiabank

Target:$210.00

+15.4%from $181.98

Nov 19, 2024Stifel Nicolaus

Targa Resources (TRGP) PT Raised to $224 at Stifel, Remains on Select List

Target:$224.00

+65.1%from $135.69

Nov 15, 2024Truist Financial

Targa Resources (TRGP) PT Raised to $225 at Truist Securities

Target:$225.00

+16.3%from $193.48

Oct 22, 2024Mizuho Securities

Targa Resources (TRGP) PT Raised to $181 at Mizuho

Target:$181.00

+11.9%from $161.71

Oct 17, 2024Bank of America Securities

BofA Securities Assumes Targa Resources (TRGP) at Buy

Target:$182.00

+11.9%from $162.63

Oct 16, 2024RBC Capital

Targa Resources price target raised to $172 from $153 at RBC Capital

Target:$172.00

+6.2%from $162.02

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