Targa Resources Stock Price Target and Analyst Ratings (NYSE:TRGP)

Analyst Price Target for TRGP

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

^$30.28

▼ -6.20% Downside Potential

This price target is based on 20 analysts offering 12 month price targets for Targa Resources in the last 3 months. The average price target is $30.28, with a high forecast of $40.00 and a low forecast of $19.00. The average price target represents a -6.20% upside from the last price of $32.28.

Buy

The current consensus among 20 contributing investment analysts is to buy stock in Targa Resources. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

1 strong buy ratings
12 buy ratings
4 hold ratings
0 sell ratings

Ratings as of

9/10/2019

1 strong buy ratings
12 buy ratings
5 hold ratings
0 sell ratings

Ratings as of

12/9/2019

1 strong buy ratings
11 buy ratings
5 hold ratings
0 sell ratings

Ratings as of

3/8/2020

1 strong buy ratings
13 buy ratings
5 hold ratings
0 sell ratings

Ratings as of

6/6/2020

1 strong buy ratings
13 buy ratings
4 hold ratings
0 sell ratings

Ratings as of

9/4/2020

1 strong buy ratings
15 buy ratings
4 hold ratings
0 sell ratings

Ratings as of

12/3/2020

1 strong buy ratings
15 buy ratings
4 hold ratings
0 sell ratings

Ratings as of

2/1/2021

1 strong buy ratings
15 buy ratings
4 hold ratings
0 sell ratings

Ratings as of

3/3/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price	Details
3/2/2021	Mizuho	Boost Price Target	Neutral	$33.00 ➝ $36.00	Low	i
2/24/2021	Wells Fargo & Company	Boost Price Target	Overweight	$29.00 ➝ $34.00	Medium	i
2/8/2021	Seaport Global Securities	Upgrade	Neutral ➝ Buy	$35.00	High	i Rating by S. Sibal at Seaport Global Securities
1/22/2021	Stifel Nicolaus	Upgrade	Hold ➝ Buy	$34.00	Low	i
1/20/2021	Mizuho	Boost Price Target	Neutral	$24.00 ➝ $33.00	Medium	i
1/15/2021	Morgan Stanley	Boost Price Target	Overweight	$38.00 ➝ $40.00	Low	i
1/13/2021	Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell	Boost Price Target		$22.00 ➝ $36.00	Low	i
1/13/2021	Smith Barney Citigroup	Boost Price Target		$22.00 ➝ $36.00	Low	i
1/12/2021	Raymond James	Boost Price Target	Strong-Buy	$26.00 ➝ $36.00	High	i
12/21/2020	JPMorgan Chase & Co.	Boost Price Target	Overweight	$33.00 ➝ $37.00	Medium	i
12/11/2020	Morgan Stanley	Boost Price Target	Overweight	$22.00 ➝ $36.00	Medium	i
12/8/2020	Barclays	Boost Price Target	Overweight	$25.00 ➝ $32.00	Medium	i
12/7/2020	Royal Bank of Canada	Boost Price Target	Outperform	$26.00 ➝ $34.00	High	i
12/3/2020	Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell	Initiated Coverage	Outperform	$30.00	Low	i
12/3/2020	Smith Barney Citigroup	Initiated Coverage	Outperform	$30.00	Medium	i
11/30/2020	Wells Fargo & Company	Upgrade	Equal Weight ➝ Overweight	$23.00 ➝ $29.00	High	i
11/16/2020	Credit Suisse Group	Upgrade	Neutral ➝ Outperform	$25.00	High	i Rating by Spiro M. Dounis at Credit Suisse Group AG
11/6/2020	Smith Barney Citigroup	Upgrade	Neutral ➝ Buy	$19.00 ➝ $22.00	Low	i
11/6/2020	Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell	Upgrade	Neutral ➝ Buy	$19.00 ➝ $22.00	High	i
10/19/2020	Morgan Stanley	Boost Price Target	Overweight	$18.00 ➝ $22.00	High	i
10/9/2020	Piper Sandler	Boost Price Target	Neutral	$18.00 ➝ $19.00	Low	i
10/2/2020	Raymond James	Upgrade	Outperform ➝ Strong-Buy	$25.00 ➝ $26.00	High	i
9/25/2020	Morgan Stanley	Upgrade	Underweight ➝ Overweight	$18.00	Low	i
8/21/2020	Capital One Financial	Upgrade	Equal Weight ➝ Overweight		Low	i Rating by K. May at Capital One Financial Co.
8/21/2020	Morgan Stanley	Boost Price Target	Underweight	$14.00 ➝ $18.00	Low	i
8/19/2020	Bank of America	Initiated Coverage	Buy		Low	i
8/14/2020	US Capital Advisors	Upgrade	Hold ➝ Buy		Medium	i Rating by J. Carreker at US Capital Advisors
8/14/2020	Wolfe Research	Upgrade	Underperform ➝ Peer Perform	$20.00	Medium	i
8/12/2020	Mizuho	Boost Price Target	Neutral	$21.00 ➝ $24.00	Low	i
8/7/2020	Raymond James	Boost Price Target	Outperform	$23.00 ➝ $25.00	High	i
7/27/2020	Seaport Global Securities	Downgrade	Buy ➝ Neutral		High	i Rating by S. Sibal at Seaport Global Securities
7/22/2020	Wells Fargo & Company	Boost Price Target	Equal Weight	$16.00 ➝ $18.00	Low	i
7/21/2020	Raymond James	Boost Price Target	Outperform	$21.00 ➝ $23.00	High	i
6/4/2020	Barclays	Upgrade	Equal Weight ➝ Overweight	$12.00 ➝ $26.00	High	i Rating by Christine Cho, CFA at Barclays PLC
6/3/2020	JPMorgan Chase & Co.	Boost Price Target	Overweight	$19.00 ➝ $24.00	High	i
6/1/2020	Morgan Stanley	Boost Price Target	Underweight	$8.00 ➝ $14.00	Medium	i Rating by Devin McDermott at Morgan Stanley
5/28/2020	UBS Group	Boost Price Target	Buy	$19.00 ➝ $24.00	Low	i
5/19/2020	Citigroup	Lower Price Target	Neutral	$35.00 ➝ $19.00	High	i
5/19/2020	Mizuho	Lower Price Target	Neutral	$40.00 ➝ $21.00	High	i
5/13/2020	SunTrust Banks	Boost Price Target	Outperform ➝ Buy	$15.00 ➝ $20.00	Low	i
5/11/2020	Royal Bank of Canada	Lower Price Target	Outperform	$23.00 ➝ $22.00	High	i
4/21/2020	US Capital Advisors	Downgrade	Overweight ➝ Hold		High	i Rating by J. Carreker at US Capital Advisors
4/14/2020	Wells Fargo & Company	Lower Price Target	Equal Weight	$16.00 ➝ $13.00	High	i
4/7/2020	UBS Group	Lower Price Target	Buy	$20.00 ➝ $19.00	High	i
4/1/2020	Credit Suisse Group	Downgrade	Outperform ➝ Neutral	$21.00 ➝ $13.00	Low	i
3/30/2020	UBS Group	Boost Price Target	Buy	$19.00 ➝ $21.00	High	i
3/24/2020	Barclays	Downgrade	Overweight ➝ Equal Weight	$12.00	High	i Rating by Christine Cho, CFA at Barclays PLC
3/23/2020	Morgan Stanley	Boost Price Target	Underweight	$6.00 ➝ $8.00	High	i Rating by Devin McDermott at Morgan Stanley
3/19/2020	SunTrust Banks	Lower Price Target		$46.00 ➝ $15.00	Medium	i
3/19/2020	Credit Suisse Group	Lower Price Target	Outperform	$27.00 ➝ $21.00	High	i
3/16/2020	Morgan Stanley	Downgrade	Equal Weight ➝ Underweight		High	i Rating by Devin McDermott at Morgan Stanley
3/13/2020	Stifel Nicolaus	Lower Price Target	Hold	$41.00 ➝ $27.00	High	i Rating by Selman Akyol at Stifel Nicolaus
3/12/2020	Raymond James	Downgrade	Strong-Buy ➝ Outperform		High	i
3/9/2020	Robert W. Baird	Downgrade	Outperform ➝ Neutral	$42.00 ➝ $28.00	High	i Rating by Ethan Bellamy at Robert W. Baird
2/28/2020	Mizuho	Lower Price Target	Neutral	$42.00 ➝ $40.00	High	i
2/21/2020	Royal Bank of Canada	Boost Price Target	Outperform	$48.00 ➝ $49.00	Medium	i
2/14/2020	Seaport Global Securities	Reiterated Rating	Buy		High	i Rating by S. Sibal at Seaport Global Securities
1/8/2020	Wolfe Research	Downgrade	Peer Perform ➝ Underperform	$39.00 ➝ $36.00	High	i
1/7/2020	Wells Fargo & Company	Reiterated Rating	Hold		Low	i
1/6/2020	Morgan Stanley	Initiated Coverage	Equal Weight	$39.00	High	i
12/2/2019	Robert W. Baird	Lower Price Target	Outperform	$49.00 ➝ $43.00	Low	i
11/21/2019	Capital One Financial	Downgrade	Overweight ➝ Equal Weight	$42.00	Low	i Rating by K. May at Capital One Financial Co.
11/11/2019	Wells Fargo & Company	Reiterated Rating	Hold		Low	i
11/4/2019	Piper Jaffray Companies	Initiated Coverage	Neutral	$43.00	Medium	i
10/15/2019	Barclays	Set Price Target	Buy	$49.00	N/A	i Rating by Christine Cho, CFA at Barclays PLC
10/11/2019	Stifel Nicolaus	Downgrade	Buy ➝ Hold	$41.00	Medium	i
10/8/2019	Robert W. Baird	Lower Price Target	Outperform ➝ Outperform	$67.00 ➝ $49.00	Medium	i
10/7/2019	Wells Fargo & Company	Downgrade	Outperform ➝ Market Perform	$45.00 ➝ $43.00	High	i
9/10/2019	Bank of America	Set Price Target	Buy	$48.00 ➝ $44.00	High	i
8/28/2019	Raymond James	Upgrade	Outperform ➝ Strong-Buy	$48.00	High	i
8/16/2019	UBS Group	Set Price Target	Buy	$54.00	Low	i Rating by Shneur Gershuni at UBS Group AG
8/15/2019	Credit Suisse Group	Lower Price Target	Outperform	$49.00 ➝ $44.00	Low	i Rating by Spiro M. Dounis at Credit Suisse Group AG
8/11/2019	Evercore ISI	Reiterated Rating	Neutral ➝ Hold		Low	i
8/9/2019	SunTrust Banks	Set Price Target	Buy	$45.00	Low	i Rating by Tristan Richardson at SunTrust Banks, Inc.
8/9/2019	Royal Bank of Canada	Lower Price Target	Outperform	$51.00	Low	i
7/18/2019	Barclays	Reiterated Rating	Buy	$48.00	Medium	i
7/12/2019	Mizuho	Set Price Target	Hold	$45.00	Low	i Rating by Gabe Moreen at Mizuho
6/3/2019	SunTrust Banks	Upgrade	Hold ➝ Buy	$48.00	High	i
4/24/2019	Evercore ISI	Reiterated Rating	In-line ➝ In-Line		Low	i
4/18/2019	Mizuho	Lower Price Target	Neutral	$53.00 ➝ $47.00	Low	i
4/16/2019	Raymond James	Downgrade	Strong-Buy ➝ Outperform		Low	i
4/8/2019	Mitsubishi UFJ Financial Group	Initiated Coverage	Neutral	$50.00	Low	i Rating by B. Blaschke at Mitsubishi UFJ Financial Group
4/5/2019	Credit Suisse Group	Set Price Target	Buy	$50.00	Low	i Rating by Spiro M. Dounis at Credit Suisse Group AG
3/13/2019	Credit Suisse Group	Lower Price Target	Outperform	$60.00 ➝ $52.00	Low	i
3/8/2019	Wells Fargo & Company	Reiterated Rating	Buy		Medium	i
2/21/2019	Wells Fargo & Company	Reiterated Rating	Buy		Low	i
2/21/2019	BMO Capital Markets	Lower Price Target		$50.00	Low	i
2/5/2019	Evercore ISI	Initiated Coverage		$46.00	Low	i
1/29/2019	Seaport Global Securities	Upgrade	Neutral ➝ Buy	$48.00	Low	i Rating by S. Sibal at Seaport Global Securities
1/16/2019	Barclays	Set Price Target	Buy	$55.00	Low	i Rating by Christine Cho at Barclays PLC
1/9/2019	Credit Suisse Group	Upgrade	Neutral ➝ Outperform	$60.00	Medium	i
1/8/2019	UBS Group	Lower Price Target	Buy ➝ Buy	$65.00 ➝ $64.00	Low	i
1/8/2019	JPMorgan Chase & Co.	Upgrade	Neutral ➝ Overweight	$59.00 ➝ $54.00	High	i
12/20/2018	Jefferies Financial Group	Upgrade	Hold ➝ Buy		High	i
12/12/2018	Wells Fargo & Company	Reiterated Rating	Buy		Medium	i
12/2/2018	Citigroup	Lower Price Target		$56.00	High	i Rating by Mirek Zak at Citigroup Inc.
11/29/2018	Citigroup	Downgrade	Buy ➝ Neutral	$56.00 ➝ $45.00	Low	i
11/28/2018	Mizuho	Initiated Coverage	Neutral	$56.00	Low	i
11/19/2018	US Capital Advisors	Upgrade	Hold ➝ Overweight		Medium	i Rating by C. Crosby at US Capital Advisors
10/25/2018	Bank of America	Upgrade	Neutral ➝ Buy	$47.00	High	i
10/17/2018	Raymond James	Boost Price Target	Strong-Buy ➝ Strong-Buy	$58.00 ➝ $64.00	Low	i
10/11/2018	Stifel Nicolaus	Boost Price Target	Buy	$57.00 ➝ $66.00	Low	i Rating by Selman Akyol at Stifel Nicolaus
10/11/2018	Credit Suisse Group	Initiated Coverage	Neutral	$60.00	Medium	i
10/3/2018	Barclays	Upgrade	Equal Weight ➝ Overweight	$54.00 ➝ $65.00	High	i Rating by Christine Cho at Barclays PLC
9/18/2018	Wells Fargo & Company	Upgrade	Market Perform ➝ Outperform	$55.00 ➝ $63.00	Medium	i
8/29/2018	Barclays	Boost Price Target	Equal Weight ➝ Hold	$52.00 ➝ $54.00	Low	i Rating by Christine Cho at Barclays PLC
8/17/2018	SunTrust Banks	Set Price Target	Hold	$56.00	Low	i Rating by Tristan Richardson at SunTrust Banks, Inc.
8/17/2018	Morgan Stanley	Boost Price Target	Equal Weight ➝ Equal Weight	$51.00 ➝ $55.00	Low	i
8/15/2018	Robert W. Baird	Set Price Target	Buy	$62.00	Low	i Rating by Ethan Bellamy at Robert W. Baird
8/13/2018	Raymond James	Reiterated Rating	Buy		Low	i
8/10/2018	Royal Bank of Canada	Boost Price Target	Outperform ➝ Outperform	$60.00 ➝ $62.00	Low	i
8/10/2018	UBS Group	Boost Price Target	Buy ➝ Buy	$60.00 ➝ $61.00	Low	i
8/10/2018	Stifel Nicolaus	Reiterated Rating	Buy	$53.00 ➝ $57.00	Medium	i Rating by Selman Akyol at Stifel Nicolaus
7/31/2018	Citigroup	Boost Price Target	Buy ➝ Buy	$55.00 ➝ $56.00	Low	i
7/27/2018	Seaport Global Securities	Downgrade	Buy ➝ Neutral	$53.00 ➝ $55.00	High	i Rating by Sunil Sibal at Seaport Global Securities
7/18/2018	Jefferies Financial Group	Reiterated Rating	$51.76	$55.00	Low	i
7/17/2018	US Capital Advisors	Reiterated Rating	Hold		Medium	i Rating by C. Crosby at US Capital Advisors
7/16/2018	Wolfe Research	Initiated Coverage	Peer Perform		Low	i
7/13/2018	BMO Capital Markets	Reiterated Rating	Hold	$54.00	Low	i
7/12/2018	SunTrust Banks	Initiated Coverage	Hold	$53.00	Medium	i
6/12/2018	Barclays	Downgrade	Overweight ➝ Equal Weight	$57.00 ➝ $52.00	High	i Rating by Christine Cho at Barclays PLC
5/4/2018	Stifel Nicolaus	Set Price Target	Buy ➝ Buy	$55.00 ➝ $53.00	Low	i Rating by Selman Akyol at Stifel Nicolaus
4/24/2018	Seaport Global Securities	Set Price Target	Buy	$53.00	Low	i Rating by Sunil Sibal at Seaport Global Securities
4/23/2018	Robert W. Baird	Reiterated Rating	Buy	$58.00	High	i Rating by Ethan Bellamy at Robert W. Baird
4/19/2018	Deutsche Bank Aktiengesellschaft	Initiated Coverage	Hold	$50.00	Low	i
4/17/2018	Barclays	Lower Price Target	Overweight ➝ Overweight	$58.00 ➝ $57.00	Low	i Rating by Christine Cho at Barclays PLC
4/16/2018	Guggenheim	Set Price Target	Buy	$50.00	Low	i Rating by Matthew Phillips at Guggenheim
3/15/2018	Robert W. Baird	Reiterated Rating	Neutral		High	i Rating by Ethan Bellamy at Robert W. Baird
3/14/2018	Robert W. Baird	Set Price Target	Neutral ➝ Buy	$58.00 ➝ $60.00	Medium	i Rating by Ethan Bellamy at Robert W. Baird
3/2/2018	UBS Group	Reiterated Rating	Neutral ➝ Neutral	$56.00 ➝ $58.00	Low	i
2/16/2018	Stifel Nicolaus	Reiterated Rating	Buy	$55.00	Low	i Rating by Selman Akyol at Stifel Nicolaus
2/14/2018	Seaport Global Securities	Set Price Target	Buy	$52.00	Low	i
2/6/2018	Citigroup	Boost Price Target	Buy ➝ Buy	$52.00 ➝ $55.00	Medium	i
2/1/2018	The Goldman Sachs Group	Upgrade	Neutral ➝ Buy	$68.00	Medium	i
1/17/2018	Barclays	Upgrade	Equal Weight ➝ Overweight	$50.00 ➝ $58.00	Medium	i Rating by Christine Cho at Barclays PLC
1/16/2018	Royal Bank of Canada	Reiterated Rating	Buy	$60.00	Medium	i
1/9/2018	Bank of America	Initiated Coverage	Neutral		Low	i
1/4/2018	Credit Suisse Group	Initiated Coverage	Neutral ➝ Neutral	$46.00	High	i
11/20/2017	Stifel Nicolaus	Lower Price Target	Buy ➝ Buy	$53.00 ➝ $51.00	N/A	i
11/7/2017	Wells Fargo & Company	Downgrade	Outperform ➝ Market Perform	$49.00	N/A	i
11/3/2017	Robert W. Baird	Reiterated Rating	Buy	$53.00	N/A	i
11/2/2017	Citigroup	Upgrade	Neutral ➝ Buy	$52.00	N/A	i
10/19/2017	Barclays	Reiterated Rating	Hold	$50.00	N/A	i
10/17/2017	The Goldman Sachs Group	Downgrade	Buy ➝ Neutral	$53.00	N/A	i
10/16/2017	Jefferies Financial Group	Downgrade	Buy ➝ Hold		N/A	i
10/13/2017	Wells Fargo & Company	Lower Price Target	Outperform	$54.00 ➝ $53.00	N/A	i
10/13/2017	BMO Capital Markets	Set Price Target	Hold	$51.00	N/A	i
10/10/2017	Citigroup	Downgrade	Buy ➝ Neutral	$54.00 ➝ $52.00	N/A	i
9/17/2017	Robert W. Baird	Reiterated Rating	Buy	$53.00	Low	i
9/1/2017	Jefferies Financial Group	Reiterated Rating	Buy	$50.00 ➝ $49.00	Low	i
8/23/2017	Stifel Nicolaus	Set Price Target	Buy	$53.00	Low	i
8/21/2017	Royal Bank of Canada	Reiterated Rating	Buy	$60.00	Low	i
8/15/2017	BMO Capital Markets	Set Price Target	Hold	$51.00	Medium	i
8/14/2017	Guggenheim	Upgrade	Neutral ➝ Buy	$50.00	Medium	i
7/18/2017	Barclays	Downgrade	Overweight ➝ Equal Weight	$55.00 ➝ $47.00	Low	i
7/17/2017	Stifel Nicolaus	Reiterated Rating	Buy	$63.00 ➝ $54.00	Low	i
7/17/2017	Wells Fargo & Company	Upgrade	Market Perform ➝ Outperform		Low	i
7/14/2017	Royal Bank of Canada	Lower Price Target	Outperform ➝ Outperform	$67.00 ➝ $60.00	Medium	i
7/13/2017	Deutsche Bank Aktiengesellschaft	Downgrade	Buy ➝ Hold	$69.00 ➝ $47.00	Low	i
7/12/2017	BMO Capital Markets	Reiterated Rating	Hold	$51.00	Medium	i
7/12/2017	Jefferies Financial Group	Upgrade	Hold ➝ Buy	$54.00 ➝ $50.00	High	i
6/30/2017	Robert W. Baird	Lower Price Target	Outperform	$54.00 ➝ $52.00	Low	i
6/28/2017	Citigroup	Lower Price Target	Buy	$64.00 ➝ $54.00	Low	i
6/26/2017	Stifel Nicolaus	Set Price Target	Buy	$63.00	N/A	i
6/22/2017	UBS Group	Reiterated Rating	Buy	$62.00 ➝ $59.00	N/A	i
6/13/2017	Robert W. Baird	Reiterated Rating	Outperform	$60.00 ➝ $54.00	High	i
6/5/2017	JPMorgan Chase & Co.	Reiterated Rating	Neutral	$65.00 ➝ $53.00	Low	i
5/30/2017	UBS Group	Reiterated Rating	Buy	$68.00 ➝ $65.00	N/A	i
5/28/2017	Credit Suisse Group	Set Price Target	Hold	$54.00	High	i
5/15/2017	Jefferies Financial Group	Reiterated Rating	Hold		Low	i
5/15/2017	Credit Suisse Group	Lower Price Target	Neutral	$66.00 ➝ $56.00	Low	i
5/8/2017	Royal Bank of Canada	Reiterated Rating	Buy	$67.00	Low	i
5/5/2017	Credit Suisse Group	Set Price Target	Neutral	$66.00 ➝ $56.00	Low	i
5/5/2017	Raymond James	Upgrade	Outperform ➝ Strong-Buy	$64.00 ➝ $55.00	High	i
5/5/2017	Jefferies Financial Group	Reiterated Rating	Hold		High	i
5/2/2017	Seaport Global Securities	Upgrade	Neutral ➝ Buy	$63.00	Low	i Rating by S. Sibal at Seaport Global Securities
4/21/2017	Macquarie	Initiated Coverage	Outperform	$65.00	Medium	i
4/17/2017	Guggenheim	Initiated Coverage	Neutral	$54.00	Low	i
4/17/2017	BMO Capital Markets	Reiterated Rating	Hold	$49.00	Low	i
4/4/2017	Jefferies Financial Group	Reiterated Rating	Hold	$54.00	Low	i
3/29/2017	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Buy	$69.00	Medium	i
3/13/2017	Stifel Nicolaus	Upgrade	Hold ➝ Buy	$64.00 ➝ $65.00	Low	i
3/6/2017	Evercore ISI	Upgrade	In-Line ➝ Outperform	$64.00	N/A	i
2/16/2017	Stifel Nicolaus	Boost Price Target	Hold	$52.00 ➝ $64.00	N/A	i
2/14/2017	Seaport Global Securities	Reiterated Rating	Neutral		N/A	i Rating by S. Sibal at Seaport Global Securities
2/1/2017	Robert W. Baird	Reiterated Rating	Outperform	$55.00 ➝ $65.00	N/A	i
1/24/2017	Credit Suisse Group	Boost Price Target	Neutral	$57.00 ➝ $65.00	N/A	i
1/12/2017	Raymond James	Upgrade	Market Perform ➝ Outperform	$62.00	N/A	i
12/4/2016	Credit Suisse Group	Reiterated Rating	Neutral	$51.00 ➝ $57.00	N/A	i
12/1/2016	UBS Group	Reiterated Rating	Buy	$53.00 ➝ $58.00	N/A	i
12/1/2016	Stifel Nicolaus	Downgrade	Buy ➝ Hold	$50.00 ➝ $52.00	N/A	i
11/3/2016	Royal Bank of Canada	Reiterated Rating	Outperform	$46.00 ➝ $52.00	N/A	i
11/3/2016	Royal Bank of Canada	Boost Price Target	Outperform	$46.00 ➝ $52.00	N/A	i
11/3/2016	Stifel Nicolaus	Upgrade	Hold ➝ Buy	$48.00 ➝ $50.00	N/A	i
9/28/2016	Stifel Nicolaus	Downgrade	Buy ➝ Hold	$48.00	N/A	i
9/27/2016	Barclays	Upgrade	Equal Weight ➝ Overweight	$47.00 ➝ $55.00	N/A	i
9/19/2016	The Goldman Sachs Group	Upgrade	Neutral ➝ Buy	$41.00 ➝ $52.00	N/A	i
9/15/2016	Evercore ISI	Initiated Coverage	Hold	$45.00	N/A	i
8/31/2016	UBS Group	Reiterated Rating	Buy		N/A	i
8/31/2016	Wunderlich	Boost Price Target	Hold	$44.00 ➝ $45.00	N/A	i
8/22/2016	Stifel Nicolaus	Boost Price Target	Buy	$43.00 ➝ $48.00	N/A	i
8/4/2016	Stifel Nicolaus	Upgrade	Hold ➝ Buy	$38.51 ➝ $43.00	N/A	i
6/16/2016	JPMorgan Chase & Co.	Reiterated Rating	Hold		N/A	i
6/8/2016	Jefferies Financial Group	Downgrade	Buy ➝ Hold	$34.00 ➝ $45.00	N/A	i
5/31/2016	Stifel Nicolaus	Initiated Coverage	Hold		N/A	i
5/18/2016	Citigroup	Reiterated Rating	Buy		N/A	i Rating by Faisel Khan at Citigroup Inc.
5/3/2016	Barclays	Reiterated Rating	Hold		N/A	i Rating by Heejung Ryoo at Barclays PLC
5/2/2016	Barclays	Boost Price Target	Equal Weight	$33.00 ➝ $43.00	N/A	i Rating by Heejung Ryoo at Barclays PLC
5/2/2016	Seaport Global Securities	Downgrade	Accumulate ➝ Neutral	$35.00 ➝ $36.00	N/A	i
5/2/2016	Capital One Financial	Upgrade	Equal Weight ➝ Overweight	$33.00 ➝ $44.00	N/A	i
4/19/2016	BMO Capital Markets	Initiated Coverage	Market Perform	$30.00	N/A	i
4/19/2016	Citigroup	Reiterated Rating	Buy	$32.00 ➝ $34.50	N/A	i Rating by Faisel Khan at Citigroup Inc.
4/8/2016	Wunderlich	Boost Price Target	Hold	$24.00 ➝ $28.00	N/A	i
3/23/2016	Barclays	Initiated Coverage	Equal Weight	$33.00	N/A	i Rating by Richard Gross at Barclays PLC
3/22/2016	Jefferies Financial Group	Boost Price Target	Buy	$26.00 ➝ $34.00	N/A	i Rating by Christopher Sighinolfi at Jefferies Financial Group Inc.
3/14/2016	Citigroup	Reiterated Rating	Buy	$107.00 ➝ $32.00	N/A	i

(Data available from 3/3/2016 forward)

Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of midstream energy assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company engages 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; gathering, storing, terminaling, and selling crude oil; and storing, terminaling, and selling refined petroleum products. It is also involved in the purchase and resale of NGL products; and wholesale 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. It operates approximately 28,900 miles of natural gas pipelines, including 46 owned and operated processing plants; and owns or operates a total of 34 storage wells with a gross storage capacity of approximately 72 million barrels. As of December 31, 2019, the company leased and managed approximately 698 railcars; 138 transport tractors; and 2 company-owned pressurized NGL barges. Targa Resources Corp. was founded in 2005 and is headquartered in Houston, Texas.

Today's Range

Now: $32.28

$32.28

$32.99

50 Day Range

MA: $29.92

$26.99

$32.55

52 Week Range

Now: $32.28

$3.66

$34.19

Volume

1,486,439 shs

Average Volume

1,913,595 shs

Market Capitalization

$7.38 billion

P/E Ratio

N/A

Dividend Yield

1.24%

Beta

2.99

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: Bank of America Co., Barclays PLC, Capital One Financial Co., Citigroup Inc., Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell, Credit Suisse Group AG, JPMorgan Chase & Co., Mizuho, Morgan Stanley, Piper Sandler, Raymond James, Robert W. Baird, Royal Bank of Canada, Seaport Global Securities, Smith Barney Citigroup, Stifel Nicolaus, SunTrust Banks, Inc., UBS Group AG, US Capital Advisors, Wells Fargo & Company, Wolfe Research, and Zacks Investment Research.
View the latest analyst ratings for TRGP.

What is the current price target for Targa Resources?

18 Wall Street analysts have set twelve-month price targets for Targa Resources in the last year. Their average twelve-month price target is $30.28, suggesting a possible downside of 5.9%. Morgan Stanley has the highest price target set, predicting TRGP will reach $40.00 in the next twelve months. Piper Sandler has the lowest price target set, forecasting a price of $19.00 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 4 hold ratings, 15 buy ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe TRGP will outperform the market and that investors should add to their positions of Targa Resources.
View the latest ratings for TRGP.

What other companies compete with Targa Resources?

Other companies that are similar to Targa Resources include Kinder Morgan, The Williams Companies, Cheniere Energy, Frontline, Golar LNG, Golden Ocean Group, SFL, Scorpio Tankers, GasLog, Nordic American Tankers, Teekay Tankers and Teekay.

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.

NYSE:TRGP - Targa Resources Stock Price Target and Predictions

Analyst Price Target for TRGP

Past Monthly Recommendations

Latest Recommendations

Today's Range

50 Day Range

52 Week Range

Volume

Average Volume

Market Capitalization

P/E Ratio

Dividend Yield

Beta

Frequently Asked Questions

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

What is the current price target for Targa Resources?

What is the current consensus analyst rating for Targa Resources?

What other companies compete with Targa Resources?

How do I contact Targa Resources' investor relations team?