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Targa Resources Corp has a consensus price target of $192.14 based on the ratings of 21 analysts. The high is $261 issued by Morgan Stanley on November 12, 2025. The low is $100 issued by Raymond James on April 21, 2023. The 3 most-recent analyst ratings were released by RBC Capital, RBC Capital, and Scotiabank on December 3, 2025, November 18, 2025, and November 13, 2025, respectively. With an average price target of $209.67 between RBC Capital, RBC Capital, and Scotiabank, there's an implied 15.01% upside for Targa Resources Corp from these most-recent analyst ratings.
1calculated from analyst ratings
| Get Alert | |||||
|---|---|---|---|---|---|
| Dec 3, 2025 | 19.58% | 213218 | Previous Outperform Current Outperform | Get Alert | |
| Nov 18, 2025 | 16.83% | 208213 | Previous Outperform Current Outperform | Get Alert | |
| Nov 13, 2025 | 8.61% | 198199 | Previous Sector Outperform Current Sector Outperform | Get Alert | |
| Nov 13, 2025 | 3.12% | 188189 | Previous Buy Current Buy | Get Alert | |
| Nov 12, 2025 | 43.16% | 240261 | Previous Overweight Current Overweight | Get Alert | |
| Nov 6, 2025 | 7.51% | 185196 | Previous Outperform Current Outperform | Get Alert | |
| Oct 7, 2025 | 17.93% | 214215 | Previous Overweight Current Overweight | Get Alert | |
| Sep 19, 2025 | 1.48% | 185 | Previous Initiates Current Outperform | Get Alert | |
| Aug 29, 2025 | 13.54% | 207212 | Previous Outperform Current Outperform | Get Alert | |
| Aug 14, 2025 | 11.9% | 201204 | Previous Sector Outperform Current Sector Outperform | Get Alert | |
| Aug 12, 2025 | 14.09% | 205208 | Previous Outperform Current Outperform | Get Alert | |
| Aug 8, 2025 | 12.45% | 198205 | Previous Overweight Current Overweight | Get Alert | |
| Jul 15, 2025 | 10.25% | 197201 | Previous Sector Outperform Current Sector Outperform | Get Alert | |
| Jul 15, 2025 | 12.45% | 205205 | Previous Outperform Current Outperform | Get Alert | |
| Jul 10, 2025 | 6.96% | 178195 | Previous Overweight Current Overweight | Get Alert | |
| Jul 10, 2025 | 14.64% | 189209 | Previous Overweight Current Overweight | Get Alert | |
| Jun 26, 2025 | 12.45% | 191205 | Previous Outperform Current Outperform | Get Alert | |
| Jun 5, 2025 | 8.06% | 193197 | Previous Sector Outperform Current Sector Outperform | Get Alert | |
| May 20, 2025 | 16.29% | 212218 | Previous Outperform Current Outperform | Get Alert | |
| May 20, 2025 | 5.86% | 193199 | Previous Sector Outperform Current Sector Outperform | Get Alert | |
| May 20, 2025 | -2.36% | 178206 | Previous Overweight Current Overweight | Get Alert | |
| May 15, 2025 | 25.06% | 228259 | Previous Buy Current Buy | Get Alert | |
| May 9, 2025 | 8.06% | 197227 | Previous Buy Current Buy | Get Alert | |
| May 8, 2025 | 4.77% | 191199 | Previous Outperform Current Outperform | Get Alert | |
| May 5, 2025 | 6.41% | 194218 | Previous Buy Current Buy | Get Alert | |
| Apr 29, 2025 | 9.15% | 199201 | Previous Sector Outperform Current Sector Outperform | Get Alert | |
| Apr 28, 2025 | 19.58% | 218226 | Previous Outperform Current Outperform | Get Alert | |
| Apr 9, 2025 | 12.99% | 206211 | Previous Overweight Current Overweight | Get Alert | |
| Mar 21, 2025 | 15.74% | 204211 | Previous Overweight Current Overweight | Get Alert | |
| Mar 18, 2025 | 28.9% | 220235 | Previous Buy Current Buy | Get Alert | |
| Mar 17, 2025 | 33.84% | 202244 | Previous Overweight Current Overweight | Get Alert | |
| Mar 6, 2025 | 15.19% | 210218 | Previous Sector Outperform Current Sector Outperform | Get Alert | |
| Mar 3, 2025 | 21.22% | 220221 | Previous Outperform Current Outperform | Get Alert | |
| Feb 25, 2025 | 24.51% | 218227 | Previous Buy Current Buy | Get Alert | |
| Feb 21, 2025 | 20.67% | 204220 | Previous Overweight Current Overweight | Get Alert | |
| Feb 20, 2025 | 23.96% | 208226 | Previous Outperform Current Outperform | Get Alert | |
| Jan 13, 2025 | 11.9% | 171204 | Previous Overweight Current Overweight | Get Alert | |
| Jan 10, 2025 | 14.09% | 181208 | Previous Outperform Current Outperform | Get Alert | |
| Jan 10, 2025 | 19.58% | 218 | Previous Initiates Current Sector Outperform | Get Alert | |
| Dec 19, 2024 | 22.32% | 185223 | Previous Buy Current Buy | Get Alert | |
| Dec 18, 2024 | 11.9% | 190204 | Previous Overweight Current Overweight | Get Alert | |
| Dec 13, 2024 | 20.67% | 220225 | Previous Buy Current Buy | Get Alert | |
| Nov 26, 2024 | 42.07% | 246259 | Previous Buy Current Buy | Get Alert | |
| Nov 20, 2024 | 22.87% | 190224 | Previous Buy Current Buy | Get Alert | |
| Nov 15, 2024 | 34.94% | 182246 | Previous Buy Current Buy | Get Alert | |
| Nov 15, 2024 | 23.42% | 175225 | Previous Buy Current Buy | Get Alert | |
| Nov 11, 2024 | 9.15% | 172199 | Previous Outperform Current Outperform | Get Alert | |
| Nov 6, 2024 | 4.22% | 153190 | Previous Overweight Current Overweight | Get Alert | |
| Nov 5, 2024 | -4.01% | 150175 | Previous Buy Current Buy | Get Alert | |
| Oct 29, 2024 | -4.56% | 141174 | Previous Buy Current Buy | Get Alert | |
| Oct 25, 2024 | 10.8% | 173202 | Previous Overweight Current Overweight | Get Alert | |
| Oct 22, 2024 | -0.72% | 147181 | Previous Outperform Current Outperform | Get Alert | |
| Oct 17, 2024 | -0.17% | 182 | Previous Current Buy | Get Alert | |
| Oct 16, 2024 | -5.66% | 153172 | Previous Outperform Current Outperform | Get Alert | |
| Oct 15, 2024 | -6.2% | 155171 | Previous Overweight Current Overweight | Get Alert | |
| Sep 19, 2024 | -10.59% | 147163 | Previous Buy Current Buy | Get Alert | |
| Aug 13, 2024 | -16.08% | 147153 | Previous Outperform Current Outperform | Get Alert | |
| Aug 5, 2024 | -17.72% | 125150 | Previous Buy Current Buy | Get Alert | |
| Aug 5, 2024 | -16.08% | 124153 | Previous Overweight Current Overweight | Get Alert | |
| Aug 2, 2024 | -19.37% | 132147 | Previous Buy Current Buy | Get Alert | |
| Jul 30, 2024 | -22.66% | 129141 | Previous Buy Current Buy | Get Alert | |
| Jul 17, 2024 | -22.11% | 128142 | Previous Sector Outperform Current Sector Outperform | Get Alert | |
| Jul 3, 2024 | -24.3% | 123138 | Previous Overweight Current Overweight | Get Alert | |
| Jul 2, 2024 | -20.47% | 140145 | Previous Overweight Current Overweight | Get Alert | |
| Jun 26, 2024 | -23.21% | 140 | Previous Initiates Current Buy | Get Alert | |
| Jun 11, 2024 | -19.37% | 116147 | Previous Buy Current Buy | Get Alert | |
| Jun 10, 2024 | -23.21% | 134140 | Previous Overweight Current Overweight | Get Alert | |
| Jun 10, 2024 | -31.44% | 120125 | Previous Buy Current Buy | Get Alert | |
| Jun 7, 2024 | -23.21% | 130140 | Previous Overweight Current Overweight | Get Alert | |
| May 16, 2024 | -29.79% | 123128 | Previous Outperform Current Outperform | Get Alert | |
| May 3, 2024 | -31.98% | 109124 | Previous Overweight Current Overweight | Get Alert | |
| Apr 16, 2024 | -28.69% | 111130 | Previous Buy Current Buy | Get Alert | |
| Apr 15, 2024 | -29.79% | 112128 | Previous Sector Outperform Current Sector Outperform | Get Alert | |
| Apr 9, 2024 | -33.08% | 116122 | Previous Overweight Current Overweight | Get Alert | |
| Apr 4, 2024 | -35.82% | 105117 | Previous Buy Current Buy | Get Alert | |
| Apr 3, 2024 | -28.69% | 105130 | Previous Buy Current Buy | Get Alert | |
| Mar 20, 2024 | -34.18% | 105120 | Previous Buy Current Buy | Get Alert | |
| Mar 19, 2024 | -36.37% | 105116 | Previous Overweight Current Overweight | Get Alert | |
| Mar 6, 2024 | -31.44% | 122125 | Previous Overweight Current Overweight | Get Alert | |
| Feb 26, 2024 | -40.21% | 106109 | Previous Outperform Current Outperform | Get Alert | |
| Feb 21, 2024 | -38.57% | 104112 | Previous Buy Current Buy | Get Alert | |
| Jan 18, 2024 | -40.76% | 108109 | Previous Buy Current Buy | Get Alert | |
| Jan 17, 2024 | -42.41% | 94105 | Previous Overweight Current Overweight | Get Alert | |
| Dec 14, 2023 | -40.21% | 109116 | Previous Buy Current Buy | Get Alert | |
| Nov 6, 2023 | -42.41% | 95105 | Previous Buy Current Buy | Get Alert | |
| Oct 18, 2023 | -48.44% | 8994 | Previous Overweight Current Overweight | Get Alert | |
| Oct 6, 2023 | -44.6% | 101 | Previous Current Buy | Get Alert | |
| Sep 20, 2023 | -42.41% | 99105 | Previous Buy Current Buy | Get Alert | |
| Aug 29, 2023 | -37.47% | 106114 | Previous Overweight Current Overweight | Get Alert | |
| Aug 9, 2023 | -45.15% | 95100 | Previous Buy Current Buy | Get Alert | |
| Aug 4, 2023 | -40.76% | 104108 | Previous Outperform Current Outperform | Get Alert | |
| Jul 20, 2023 | -41.86% | 106108 | Previous Overweight Current Overweight | Get Alert | |
| Jul 6, 2023 | -47.89% | 95 | Previous Buy Current Buy | Get Alert | |
| Jun 30, 2023 | -45.7% | 99 | Previous Buy Current Buy | Get Alert | |
| Jun 28, 2023 | -47.89% | 95 | Previous Buy Current Buy | Get Alert | |
| May 19, 2023 | -47.89% | 9095 | Previous Buy Current Buy | Get Alert | |
| May 8, 2023 | -50.63% | 9094 | Previous Current Overweight | Get Alert | |
| May 8, 2023 | -42.95% | 104110 | Previous Current Outperform | Get Alert | |
| Apr 21, 2023 | -45.15% | 95100 | Previous Current Strong Buy | Get Alert | |
| Apr 18, 2023 | -49.54% | 8792 | Previous Current Overweight | Get Alert |
The latest price target for Targa Resources (NYSE:TRGP) was reported by RBC Capital on December 3, 2025. The analyst firm set a price target for $218.00 expecting TRGP to rise to within 12 months (a possible 19.58% upside). 41 analyst firms have reported ratings in the last year.
The latest analyst rating for Targa Resources (NYSE:TRGP) was provided by RBC Capital, and Targa Resources maintained their outperform rating.
There is no last upgrade for Targa Resources
There is no last downgrade for Targa Resources.
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 December 3, 2025 so you should expect the next rating to be made available sometime around December 3, 2026.
While ratings are subjective and will change, the latest Targa Resources (TRGP) rating was a maintained with a price target of $213.00 to $218.00. The current price Targa Resources (TRGP) is trading at is $182.31, which is out of the analyst’s predicted range.
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