Targa Resources - TRGP Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $210.57
  • Forecasted Upside: 17.03%
  • Number of Analysts: 17
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 13 Buy Ratings
  • 1 Strong Buy Ratings
$179.93
▲ +4.209 (2.40%)

This chart shows the closing price for TRGP by one month, three months, or twelve months.

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Analyst Price Target for TRGP

Analyst Price Target is $210.57
▲ +17.03% Upside Potential
This price target is based on 17 analysts offering 12 month price targets for Targa Resources in the last 3 months. The average price target is $210.57, with a high forecast of $261.00 and a low forecast of $188.00. The average price target represents a 17.03% upside from the last price of $179.93.

This chart shows the closing price for TRGP for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 17 contributing investment analysts is to moderate buy stock in Targa Resources. This rating has held steady since August 2025, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 12 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/12/2024
  • 1 strong buy ratings
  • 12 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/10/2024
  • 1 strong buy ratings
  • 13 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/9/2024
  • 1 strong buy ratings
  • 13 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/9/2025
  • 2 strong buy ratings
  • 13 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/7/2025
  • 1 strong buy ratings
  • 13 buy ratings
  • 3 hold ratings
  • 0 sell ratings
9/5/2025
  • 1 strong buy ratings
  • 14 buy ratings
  • 3 hold ratings
  • 0 sell ratings
11/4/2025
  • 1 strong buy ratings
  • 13 buy ratings
  • 3 hold ratings
  • 0 sell ratings
12/4/2025

Latest Recommendations

  • 1 strong buy ratings
  • 13 buy ratings
  • 3 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
12/3/2025Royal Bank Of CanadaBoost TargetOutperform ➝ Outperform$213.00 ➝ $218.00
12/2/2025UBS GroupReiterated RatingBuy ➝ Buy$228.00
11/18/2025Royal Bank Of CanadaBoost TargetOutperform ➝ Outperform$208.00 ➝ $213.00
11/13/2025ScotiabankLower TargetSector Outperform ➝ Sector Outperform$199.00 ➝ $198.00
11/13/2025The Goldman Sachs GroupLower TargetBuy ➝ Buy$189.00 ➝ $188.00
11/12/2025Morgan StanleyBoost TargetOverweight ➝ Overweight$240.00 ➝ $261.00
11/6/2025Stifel NicolausSet Target$213.00
11/6/2025BMO Capital MarketsBoost TargetOutperform ➝ Outperform$185.00 ➝ $196.00
10/8/2025Weiss RatingsReiterated RatingBuy (B-) ➝ Buy (B-)
10/7/2025JPMorgan Chase & Co.Boost TargetOverweight ➝ Overweight$214.00 ➝ $215.00
9/27/2025Weiss RatingsReiterated RatingBuy (B-) ➝ Buy (B-)
9/19/2025BMO Capital MarketsInitiated CoverageOutperform$185.00
8/29/2025MizuhoLower TargetOutperform ➝ Outperform$212.00 ➝ $207.00
8/14/2025ScotiabankReiterated RatingOutperform ➝ Outperform
8/14/2025ScotiabankBoost TargetSector Outperform ➝ Sector Outperform$201.00 ➝ $204.00
8/12/2025Royal Bank Of CanadaBoost TargetOutperform ➝ Outperform$205.00 ➝ $208.00
8/8/2025Wells Fargo & CompanyReiterated RatingOverweight ➝ Overweight$198.00 ➝ $205.00
8/8/2025Cfra ResearchUpgradeHold
7/15/2025ScotiabankReiterated RatingOutperform ➝ Outperform
7/15/2025ScotiabankBoost TargetSector Outperform ➝ Sector Outperform$197.00 ➝ $201.00
7/15/2025Royal Bank Of CanadaReiterated RatingOutperform ➝ Outperform$205.00
7/10/2025BarclaysBoost TargetOverweight ➝ Overweight$178.00 ➝ $195.00
7/10/2025JPMorgan Chase & Co.Boost TargetOverweight ➝ Overweight$189.00 ➝ $209.00
7/7/2025TD SecuritiesInitiated CoverageHold
7/7/2025TD CowenInitiated CoverageHold$192.00
6/26/2025Royal Bank Of CanadaReiterated RatingOutperform ➝ Outperform$191.00 ➝ $205.00
6/5/2025ScotiabankBoost TargetSector Outperform ➝ Sector Outperform$193.00 ➝ $197.00
5/20/2025ScotiabankReiterated RatingOutperform ➝ Outperform
5/20/2025MizuhoSet TargetOutperform ➝ Outperform$218.00 ➝ $212.00
5/20/2025ScotiabankSet TargetSector Outperform ➝ Sector Outperform$199.00 ➝ $193.00
5/20/2025BarclaysLower TargetOverweight ➝ Overweight$206.00 ➝ $178.00
5/15/2025UBS GroupLower TargetBuy ➝ Buy$259.00 ➝ $228.00
5/9/2025CitigroupLower TargetBuy ➝ Buy$227.00 ➝ $197.00
5/8/2025Royal Bank Of CanadaLower TargetOutperform ➝ Outperform$199.00 ➝ $191.00
5/5/2025The Goldman Sachs GroupLower TargetBuy ➝ Buy$218.00 ➝ $194.00
4/29/2025ScotiabankLower TargetSector Outperform ➝ Sector Outperform$201.00 ➝ $199.00
4/28/2025MizuhoLower TargetOutperform ➝ Outperform$226.00 ➝ $218.00
4/9/2025BarclaysLower TargetOverweight ➝ Overweight$211.00 ➝ $206.00
4/7/2025US Capital AdvisorsUpgradeHold ➝ Strong-Buy
3/21/2025BarclaysBoost TargetOverweight ➝ Overweight$204.00 ➝ $211.00
3/18/2025Truist FinancialBoost TargetBuy ➝ Buy$220.00 ➝ $235.00
3/17/2025Morgan StanleyBoost TargetOverweight ➝ Overweight$202.00 ➝ $244.00
3/6/2025ScotiabankLower TargetSector Outperform ➝ Sector Outperform$218.00 ➝ $210.00
3/3/2025Royal Bank Of CanadaBoost TargetOutperform ➝ Outperform$220.00 ➝ $221.00
2/25/2025CitigroupBoost TargetBuy ➝ Buy$218.00 ➝ $227.00
2/21/2025Wells Fargo & CompanyBoost TargetOverweight ➝ Overweight$204.00 ➝ $220.00
2/20/2025MizuhoBoost TargetOutperform ➝ Outperform$208.00 ➝ $226.00
1/13/2025BarclaysBoost TargetOverweight ➝ Overweight$171.00 ➝ $204.00
1/10/2025ScotiabankInitiated CoverageSector Outperform$218.00
12/19/2024The Goldman Sachs GroupBoost TargetBuy ➝ Buy$185.00 ➝ $223.00
12/18/2024Wells Fargo & CompanyBoost TargetOverweight ➝ Overweight$190.00 ➝ $204.00
12/13/2024Truist FinancialLower TargetBuy ➝ Buy$225.00 ➝ $220.00
11/26/2024US Capital AdvisorsDowngradeModerate Buy ➝ Hold
11/20/2024Stifel NicolausBoost TargetBuy ➝ Buy$190.00 ➝ $224.00
11/15/2024Truist FinancialBoost TargetBuy ➝ Buy$175.00 ➝ $225.00
11/15/2024UBS GroupBoost TargetBuy ➝ Buy$182.00 ➝ $246.00
11/11/2024Royal Bank Of CanadaBoost TargetOutperform ➝ Outperform$172.00 ➝ $199.00
11/6/2024Wells Fargo & CompanyBoost TargetOverweight ➝ Overweight$153.00 ➝ $190.00
11/5/2024Truist FinancialBoost TargetBuy ➝ Buy$150.00 ➝ $175.00
10/25/2024Morgan StanleyBoost TargetOverweight ➝ Overweight$173.00 ➝ $202.00
10/17/2024Bank of AmericaInitiated CoverageBuy$182.00
10/16/2024Royal Bank Of CanadaBoost TargetOutperform ➝ Outperform$153.00 ➝ $172.00
10/15/2024BarclaysBoost TargetOverweight ➝ Overweight$155.00 ➝ $171.00
9/19/2024The Goldman Sachs GroupBoost TargetBuy ➝ Buy$147.00 ➝ $163.00
9/3/2024ArgusUpgradeStrong-Buy
8/13/2024Royal Bank Of CanadaBoost TargetOutperform ➝ Outperform$147.00 ➝ $153.00
8/5/2024Truist FinancialBoost TargetBuy ➝ Buy$125.00 ➝ $150.00
8/5/2024Wells Fargo & CompanyBoost TargetOverweight ➝ Overweight$124.00 ➝ $153.00
8/2/2024The Goldman Sachs GroupBoost TargetBuy ➝ Buy$132.00 ➝ $147.00
7/17/2024ScotiabankBoost TargetSector Outperform ➝ Sector Outperform$128.00 ➝ $142.00
7/3/2024BarclaysBoost TargetOverweight ➝ Overweight$123.00 ➝ $138.00
7/2/2024JPMorgan Chase & Co.Boost TargetOverweight ➝ Overweight$140.00 ➝ $145.00
6/26/2024ArgusInitiated CoverageBuy$140.00
6/11/2024UBS GroupBoost TargetBuy ➝ Buy$116.00 ➝ $147.00
6/10/2024Morgan StanleyBoost TargetOverweight ➝ Overweight$134.00 ➝ $140.00
6/10/2024Truist FinancialBoost TargetBuy ➝ Buy$120.00 ➝ $125.00
6/7/2024JPMorgan Chase & Co.Boost TargetOverweight ➝ Overweight$130.00 ➝ $140.00
5/16/2024Royal Bank Of CanadaBoost TargetOutperform ➝ Outperform$123.00 ➝ $128.00
5/3/2024Wells Fargo & CompanyBoost TargetOverweight ➝ Overweight$109.00 ➝ $124.00
4/16/2024Stifel NicolausBoost TargetBuy ➝ Buy$111.00 ➝ $130.00
4/15/2024ScotiabankBoost TargetSector Outperform ➝ Sector Outperform$112.00 ➝ $128.00
4/9/2024BarclaysBoost TargetOverweight ➝ Overweight$116.00 ➝ $122.00
4/4/2024The Goldman Sachs GroupBoost TargetBuy ➝ Buy$105.00 ➝ $117.00
4/3/2024MizuhoBoost TargetBuy ➝ Buy$105.00 ➝ $130.00
3/20/2024Truist FinancialBoost TargetBuy ➝ Buy$105.00 ➝ $120.00
3/19/2024BarclaysBoost TargetOverweight ➝ Overweight$105.00 ➝ $116.00
3/6/2024JPMorgan Chase & Co.Boost TargetOverweight ➝ Overweight$122.00 ➝ $125.00
2/26/2024Royal Bank Of CanadaBoost TargetOutperform ➝ Outperform$106.00 ➝ $109.00
2/21/2024CitigroupBoost TargetBuy ➝ Buy$104.00 ➝ $112.00
1/18/2024UBS GroupLower TargetBuy ➝ Buy$109.00 ➝ $108.00
1/17/2024BarclaysBoost TargetOverweight ➝ Overweight$94.00 ➝ $105.00
12/14/2023UBS GroupLower TargetBuy ➝ Buy$116.00 ➝ $109.00
11/6/2023Truist FinancialBoost TargetBuy ➝ Buy$95.00 ➝ $105.00
10/18/2023BarclaysBoost TargetOverweight ➝ Overweight$89.00 ➝ $94.00
10/5/2023The Goldman Sachs GroupInitiated CoverageBuy ➝ Buy$101.00
9/20/2023MizuhoBoost TargetBuy ➝ Buy$99.00 ➝ $105.00
8/29/2023Morgan StanleyBoost TargetOverweight ➝ Overweight$106.00 ➝ $114.00
8/9/2023CitigroupBoost TargetBuy ➝ Buy$95.00 ➝ $100.00
8/4/2023Royal Bank Of CanadaBoost TargetOutperform ➝ Outperform$104.00 ➝ $108.00
7/20/2023Morgan StanleyLower TargetOverweight$108.00 ➝ $106.00
7/18/2023BarclaysLower Target$92.00 ➝ $89.00
6/30/2023MizuhoReiterated RatingBuy ➝ Buy$99.00
5/19/2023Truist FinancialBoost Target$90.00 ➝ $95.00
5/8/2023Royal Bank Of CanadaLower Target$110.00 ➝ $104.00
4/21/2023Raymond James FinancialBoost TargetStrong-Buy$95.00 ➝ $100.00
4/20/2023Capital One FinancialReiterated RatingOverweight
4/18/2023BarclaysBoost Target$87.00 ➝ $92.00
4/11/2023MizuhoBoost TargetBuy$95.00 ➝ $99.00
4/6/2023UBS GroupBoost TargetBuy$106.00 ➝ $108.00
3/2/2023ScotiabankInitiated CoverageOutperform$115.00
3/1/2023Wells Fargo & CompanyBoost TargetOverweight$89.00 ➝ $94.00
2/28/2023Raymond James FinancialBoost TargetStrong-Buy$92.00 ➝ $95.00
2/16/2023Seaport Res PtnReiterated RatingBuy
2/2/2023MizuhoBoost TargetBuy$92.00 ➝ $94.00
12/15/2022UBS GroupLower TargetBuy$107.00 ➝ $106.00
12/8/2022CitigroupInitiated CoverageBuy$95.00
11/28/2022Truist FinancialBoost TargetBuy$85.00 ➝ $90.00
11/8/2022MizuhoBoost TargetBuy$91.00 ➝ $92.00
10/19/2022Morgan StanleyBoost TargetOverweight$105.00 ➝ $108.00
9/8/2022The Goldman Sachs GroupReiterated RatingBuy ➝ Buy$93.00
8/9/2022MizuhoBoost TargetBuy$87.00 ➝ $91.00
7/25/2022US Capital AdvisorsReiterated RatingBuy
7/20/2022Morgan StanleyBoost TargetOverweight$103.00 ➝ $105.00
7/20/2022BarclaysLower TargetOverweight$92.00 ➝ $87.00
7/12/2022Royal Bank Of CanadaBoost TargetOutperform$90.00 ➝ $100.00
5/20/2022Wells Fargo & CompanyLower TargetOverweight$83.00
4/26/2022Morgan StanleyBoost TargetOverweight$74.00 ➝ $103.00
4/20/2022Raymond James FinancialBoost TargetStrong-Buy$80.00 ➝ $92.00
3/18/2022MizuhoUpgradeNeutral ➝ Buy$58.00 ➝ $85.00
3/2/2022Truist FinancialBoost Target$69.00 ➝ $78.00
2/25/2022Raymond James FinancialBoost TargetStrong-Buy$70.00 ➝ $80.00
2/7/2022Evercore ISIUpgradeIn-Line ➝ Outperform$62.00
1/24/2022Raymond James FinancialBoost TargetStrong-Buy$67.00 ➝ $70.00
1/20/2022BarclaysBoost TargetOverweight$66.00 ➝ $72.00
1/18/2022Bank of AmericaLower TargetBuy$73.00 ➝ $72.00
1/10/2022CitigroupBoost Target$66.00 ➝ $67.00
12/16/2021Wells Fargo & CompanyBoost TargetOverweight$64.00 ➝ $69.00
11/15/2021Evercore ISIUpgradeIn-Line ➝ Outperform$62.00
11/10/2021Credit Suisse GroupBoost TargetOutperform$60.00 ➝ $64.00
11/9/2021Royal Bank Of CanadaBoost TargetOutperform$63.00 ➝ $69.00
11/8/2021Truist FinancialBoost TargetBuy$54.00 ➝ $65.00
11/5/2021Raymond James FinancialBoost TargetStrong-Buy$65.00 ➝ $67.00
10/27/2021MizuhoBoost TargetNeutral$47.00 ➝ $58.00
10/20/2021Wells Fargo & CompanyBoost TargetOverweight$54.00 ➝ $60.00
10/18/2021Raymond James FinancialBoost TargetStrong-Buy$55.00 ➝ $65.00
9/28/2021Bank of AmericaInitiated CoverageBuy
8/10/2021Credit Suisse GroupBoost TargetOutperform$46.00 ➝ $52.00
8/9/2021Truist FinancialBoost TargetBuy$38.00 ➝ $54.00
8/9/2021MizuhoBoost TargetNeutral$42.00 ➝ $47.00
7/26/2021CitigroupReiterated RatingBuy$45.00 ➝ $42.52
6/24/2021Wells Fargo & CompanyBoost TargetOverweight$42.00 ➝ $49.00
6/18/2021Morgan StanleyBoost TargetOverweight$52.00 ➝ $57.00
6/14/2021Raymond James FinancialBoost TargetStrong-Buy$45.00 ➝ $55.00
6/4/2021Raymond James FinancialReiterated RatingBuy
6/3/2021BarclaysBoost TargetOverweight$43.00 ➝ $54.00
5/26/2021Morgan StanleyBoost TargetOverweight$44.00 ➝ $52.00
5/14/2021Credit Suisse GroupBoost TargetOutperform$40.00 ➝ $43.00
5/14/2021Royal Bank Of CanadaBoost TargetPositive ➝ Outperform$39.00 ➝ $50.00
5/13/2021Wells Fargo & CompanyBoost TargetOverweight$41.00 ➝ $42.00
5/12/2021MizuhoBoost TargetNeutral$36.00 ➝ $42.00
5/7/2021CitigroupBoost Target$37.00 ➝ $45.00
4/15/2021Raymond James FinancialBoost TargetStrong-Buy$37.00 ➝ $42.00
4/14/2021Wolfe ResearchUpgradePeer Perform ➝ Outperform$37.00
3/22/2021Morgan StanleyBoost TargetOverweight$40.00 ➝ $44.00
3/18/2021The Goldman Sachs GroupInitiated CoverageBuy$49.00
3/4/2021Credit Suisse GroupBoost TargetOutperform$34.00 ➝ $40.00
3/2/2021MizuhoBoost TargetNeutral$33.00 ➝ $36.00
2/24/2021Wells Fargo & CompanyBoost TargetOverweight$29.00 ➝ $34.00
1/22/2021Stifel NicolausUpgradeHold ➝ Buy$34.00
1/20/2021MizuhoBoost TargetNeutral$24.00 ➝ $33.00
1/15/2021Morgan StanleyBoost TargetOverweight$38.00 ➝ $40.00
1/13/2021Smith Barney CitigroupBoost Target$22.00 ➝ $36.00
1/12/2021Raymond James FinancialBoost TargetStrong-Buy$26.00 ➝ $36.00
12/21/2020JPMorgan Chase & Co.Boost TargetOverweight$33.00 ➝ $37.00
12/11/2020Morgan StanleyBoost TargetOverweight$22.00 ➝ $36.00
12/8/2020BarclaysBoost TargetOverweight$25.00 ➝ $32.00
12/7/2020Royal Bank Of CanadaBoost TargetOutperform$26.00 ➝ $34.00
(Data available from 12/4/2020 forward)

News Sentiment Rating

1.24 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/8/2025
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/7/2025
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/7/2025
  • 39 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/6/2025
  • 103 very positive mentions
  • 34 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
9/5/2025
  • 76 very positive mentions
  • 14 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
10/5/2025
  • 48 very positive mentions
  • 15 positive mentions
  • 4 negative mentions
  • 1 very negative mentions
11/4/2025
  • 104 very positive mentions
  • 29 positive mentions
  • 6 negative mentions
  • 0 very negative mentions
12/4/2025

Current Sentiment

  • 104 very positive mentions
  • 29 positive mentions
  • 6 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.
Targa Resources logo
Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of complementary domestic midstream infrastructure assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company is involved in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, storing, terminaling, purchasing, and selling crude oil. It is also involved in the purchase and resale of NGL products; and sale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, the company offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas. As of December 31, 2023, it leased and managed approximately 605 railcars; 137 tractors; and 6 vacuum trucks and 2 pressurized NGL barges. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.
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Today's Range

Now: $179.93
Low: $174.97
High: $180.37

50 Day Range

MA: $163.60
Low: $146.30
High: $179.93

52 Week Range

Now: $179.93
Low: $144.14
High: $218.51

Volume

1,331,595 shs

Average Volume

1,441,067 shs

Market Capitalization

$38.62 billion

P/E Ratio

23.93

Dividend Yield

2.28%

Beta

0.89

Frequently Asked Questions

What sell-side analysts currently cover shares of Targa Resources?

The following sell-side analysts have issued stock ratings on Targa Resources in the last twelve months: Barclays PLC, BMO Capital Markets, Cfra Research, Citigroup Inc., JPMorgan Chase & Co., Mizuho, Morgan Stanley, Royal Bank Of Canada, Scotiabank, Stifel Nicolaus, TD Cowen, TD Securities, The Goldman Sachs Group, Inc., Truist Financial Corporation, UBS Group AG, US Capital Advisors, Wall Street Zen, Weiss Ratings, and Wells Fargo & Company.
View the latest analyst ratings for TRGP.

What is the current price target for Targa Resources?

0 Wall Street analysts have set twelve-month price targets for Targa Resources in the last year. Their average twelve-month price target is $210.57, suggesting a possible upside of 17.0%. Morgan Stanley has the highest price target set, predicting TRGP will reach $261.00 in the next twelve months. The Goldman Sachs Group, Inc. has the lowest price target set, forecasting a price of $188.00 for Targa Resources in the next year.
View the latest price targets for TRGP.

What is the current consensus analyst rating for Targa Resources?

Targa Resources currently has 3 hold ratings, 13 buy ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for TRGP.

What other companies compete with Targa Resources?

How do I contact Targa Resources' investor relations team?

Targa Resources' physical mailing address is TARGA RESOURCES PARTNERS LP 1000 LOUISIANA STREET SUITE 4300, HOUSTON TX, 77002. The pipeline company's listed phone number is (713) 584-1000 and its investor relations email address is [email protected]. The official website for Targa Resources is www.targaresources.com. Learn More about contacing Targa Resources investor relations.