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Targa Resources Corp has a consensus price target of $172.53 based on the ratings of 19 analysts. The high is $246 issued by UBS on November 15, 2024. The low is $100 issued by Raymond James on April 21, 2023. The 3 most-recent analyst ratings were released by Barclays, Scotiabank, and Goldman Sachs on January 13, 2025, January 10, 2025, and December 19, 2024, respectively. With an average price target of $215 between Barclays, Scotiabank, and Goldman Sachs, there's an implied -0.74% downside for Targa Resources Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Targa Resources (NYSE:TRGP) was reported by Barclays on January 13, 2025. The analyst firm set a price target for $204.00 expecting TRGP to fall to within 12 months (a possible -5.82% downside). 42 analyst firms have reported ratings in the last year.
The latest analyst rating for Targa Resources (NYSE:TRGP) was provided by Barclays, and Targa Resources maintained their overweight rating.
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.
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 January 13, 2025 so you should expect the next rating to be made available sometime around January 13, 2026.
While ratings are subjective and will change, the latest Targa Resources (TRGP) rating was a maintained with a price target of $171.00 to $204.00. The current price Targa Resources (TRGP) is trading at is $216.60, which is out of the analyst’s predicted range.
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