Targa Resources Corp Analyst Ratings

TRGPNYSE
$281.70
3.541.27%
Last update: Jul 16, 10:13 AM
Consensus Rating1
Buy
Highest Price Target1
$331.00
Lowest Price Target1
$140.00
Consensus Price Target1
$249.73

Targa Resources Analyst Ratings and Price Targets | NYSE:TRGP | Benzinga

Targa Resources Corp has a consensus price target of $249.73 based on the ratings of 23 analysts. The high is $331 issued by Morgan Stanley on May 12, 2026. The low is $140 issued by Argus Research on June 26, 2024. The 3 most-recent analyst ratings were released by Truist Securities, Barclays, and JP Morgan on July 15, 2026, July 13, 2026, and July 9, 2026, respectively. With an average price target of $303 between Truist Securities, Barclays, and JP Morgan, there's an implied 7.56% upside for Targa Resources Corp from these most-recent analyst ratings.

Analyst Trends and Forecast

5
Apr
5
1
May
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Jun
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Jul
Buy
Hold
Sell
Strong Sell

Analyst Rating and Forecast

12345
3.6
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Truist Securities
Barclays
JP Morgan
Jefferies
Mizuho

1calculated from analyst ratings

Analyst Ratings for Targa Resources

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FAQ

Q

What is the target price for Targa Resources (TRGP) stock?

A

The latest price target for Targa Resources (NYSE:TRGP) was reported by Truist Securities on July 15, 2026. The analyst firm set a price target for $312.00 expecting TRGP to rise to within 12 months (a possible 10.75% upside). 43 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Targa Resources (TRGP)?

A

The latest analyst rating for Targa Resources (NYSE:TRGP) was provided by Truist Securities, and Targa Resources maintained their buy rating.

Q

When was the last upgrade for Targa Resources (TRGP)?

A

There is no last upgrade for Targa Resources

Q

When was the last downgrade for Targa Resources (TRGP)?

A

The last downgrade for Targa Resources Corp happened on May 4, 2026 when Seaport Global changed their price target from N/A to N/A for Targa Resources Corp.

Q

When is the next analyst rating going to be posted or updated for Targa Resources (TRGP)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Targa Resources, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Targa Resources was filed on July 15, 2026 so you should expect the next rating to be made available sometime around July 15, 2027.

Q

Is the Analyst Rating Targa Resources (TRGP) correct?

A

While ratings are subjective and will change, the latest Targa Resources (TRGP) rating was a maintained with a price target of $289.00 to $312.00. The current price Targa Resources (TRGP) is trading at is $281.71, which is out of the analyst’s predicted range.