$112.31
0[0.00%]
At close: May 3
$112.31
0[0.00%]
PreMarket: 4:20PM EDT
Targa Resources
(NYSE:TRGP)Targa Resources Stock (NYSE:TRGP), Analyst Ratings, Price Targets, Predictions
Targa Resources Corp has a consensus price target of $100.57, established from looking at the 70 latest analyst ratings. The last 3 analyst ratings were released from Wells Fargo, Stifel, and Scotiabank on May 3, 2024, April 16, 2024, and April 15, 2024. With an average price target of $127.33 between Wells Fargo, Stifel, and Scotiabank, there's an implied 13.38% upside for Targa Resources Corp from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Wells Fargo
Stifel
Scotiabank
Barclays
Goldman Sachs
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Targa Resources
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 05/03/2024 | TRGP | Buy Now | Targa Resources | $112.31 | 10.41% | Wells Fargo | Michael Blum | $109 → $124 | Maintains | Overweight | Get Alert |
| 04/16/2024 | TRGP | Buy Now | Targa Resources | $112.31 | 15.75% | Stifel | Selman Akyol | $111 → $130 | Maintains | Buy | Get Alert |
| 04/15/2024 | TRGP | Buy Now | Targa Resources | $112.31 | 13.97% | Scotiabank | Tristan Richardson | $112 → $128 | Maintains | Sector Outperform | Get Alert |
| 04/09/2024 | TRGP | Buy Now | Targa Resources | $112.31 | 8.63% | Barclays | Christine Cho | $116 → $122 | Maintains | Overweight | Get Alert |
| 04/04/2024 | TRGP | Buy Now | Targa Resources | $112.31 | 4.18% | Goldman Sachs | John Mackay | $105 → $117 | Maintains | Buy | Get Alert |
| 04/03/2024 | TRGP | Buy Now | Targa Resources | $112.31 | 15.75% | Mizuho | Gabriel Moreen | $105 → $130 | Maintains | Buy | Get Alert |
| 03/20/2024 | TRGP | Buy Now | Targa Resources | $112.31 | 6.85% | Truist Securities | Neal Dingmann | $105 → $120 | Maintains | Buy | Get Alert |
| 03/19/2024 | TRGP | Buy Now | Targa Resources | $112.31 | 3.29% | Barclays | Christine Cho | $105 → $116 | Maintains | Overweight | Get Alert |
| 03/06/2024 | TRGP | Buy Now | Targa Resources | $112.31 | 11.3% | JP Morgan | Jeremy Tonet | $122 → $125 | Maintains | Overweight | Get Alert |
| 02/26/2024 | TRGP | Buy Now | Targa Resources | $112.31 | -2.95% | RBC Capital | Elvira Scotto | $106 → $109 | Maintains | Outperform | Get Alert |
| 02/21/2024 | TRGP | Buy Now | Targa Resources | $112.31 | -0.28% | Citigroup | Spiro Dounis | $104 → $112 | Maintains | Buy | Get Alert |
| 01/18/2024 | TRGP | Buy Now | Targa Resources | $112.31 | -3.84% | UBS | Shneur Gershuni | $109 → $108 | Maintains | Buy | Get Alert |
| 01/17/2024 | TRGP | Buy Now | Targa Resources | $112.31 | -6.51% | Barclays | Theresa Chen | $94 → $105 | Maintains | Overweight | Get Alert |
| 12/14/2023 | TRGP | Buy Now | Targa Resources | $112.31 | -2.95% | UBS | Shneur Gershuni | $116 → $109 | Maintains | Buy | Get Alert |
| 11/06/2023 | TRGP | Buy Now | Targa Resources | $112.31 | -6.51% | Truist Securities | Neal Dingmann | $95 → $105 | Maintains | Buy | Get Alert |
| 10/18/2023 | TRGP | Buy Now | Targa Resources | $112.31 | -16.3% | Barclays | Theresa Chen | $89 → $94 | Maintains | Overweight | Get Alert |
| 10/06/2023 | TRGP | Buy Now | Targa Resources | $112.31 | -10.07% | Goldman Sachs | John Mackay | → $101 | Reinstates | → Buy | Get Alert |
| 09/20/2023 | TRGP | Buy Now | Targa Resources | $112.31 | -6.51% | Mizuho | Gabriel Moreen | $99 → $105 | Maintains | Buy | Get Alert |
| 08/29/2023 | TRGP | Buy Now | Targa Resources | $112.31 | 1.5% | Morgan Stanley | Robert Kad | $106 → $114 | Maintains | Overweight | Get Alert |
FAQ
What is the target price for Targa Resources (TRGP)?
The latest price target for Targa Resources (NYSE: TRGP) was reported by Wells Fargo on May 3, 2024. The analyst firm set a price target for $124.00 expecting TRGP to rise to within 12 months (a possible 10.41% upside). 28 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Targa Resources (TRGP)?
The latest analyst rating for Targa Resources (NYSE: TRGP) was provided by Wells Fargo, and Targa Resources maintained their overweight rating.
When was the last upgrade for Targa Resources (TRGP)?
The last upgrade for Targa Resources Corp happened on March 18, 2022 when Mizuho raised their price target to $85. Mizuho previously had a neutral for Targa Resources Corp.
When was the last downgrade for Targa Resources (TRGP)?
There is no last downgrade for Targa Resources.
When is the next analyst rating going to be posted or updated for Targa Resources (TRGP)?
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 May 3, 2024 so you should expect the next rating to be made available sometime around May 3, 2025.
Is the Analyst Rating Targa Resources (TRGP) correct?
While ratings are subjective and will change, the latest Targa Resources (TRGP) rating was a maintained with a price target of $109.00 to $124.00. The current price Targa Resources (TRGP) is trading at is $112.31, which is within the analyst’s predicted range.
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