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Targa Resources

TRGPNYSE
Logo brought to you by Benzinga Data
$176.79
4.262.47%
At close: -
$178.00
1.210.68%
After Hours: Dec 20, 6:49 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$246.00
Lowest Price Target1
$72.00
Consensus Price Target1
$163.11

Targa Resources (NYSE:TRGP) Stock, Analyst Ratings, Price Targets, Forecasts

Targa Resources Corp has a consensus price target of $163.11 based on the ratings of 19 analysts. The high is $246 issued by UBS on November 15, 2024. The low is $72 issued by B of A Securities on January 18, 2022. The 3 most-recent analyst ratings were released by Goldman Sachs, Wells Fargo, and Truist Securities on December 19, 2024, December 18, 2024, and December 13, 2024, respectively. With an average price target of $215.67 between Goldman Sachs, Wells Fargo, and Truist Securities, there's an implied 21.16% upside for Targa Resources Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
4
Aug
1
Sep
5
Oct
6
Nov
3
Dec
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.0
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Goldman Sachs
Wells Fargo
Truist Securities
Stifel
UBS

1calculated from analyst ratings

Analyst Ratings for Targa Resources

Data brought to you by Benzinga APIs

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 Goldman Sachs on December 19, 2024. The analyst firm set a price target for $223.00 expecting TRGP to rise to within 12 months (a possible 25.28% upside). 42 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 Goldman Sachs, and Targa Resources maintained their buy rating.

Q

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

A

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.

Q

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

A

There is no last downgrade for Targa Resources.

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 December 19, 2024 so you should expect the next rating to be made available sometime around December 19, 2025.

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 $185.00 to $223.00. The current price Targa Resources (TRGP) is trading at is $178.00, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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