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Targa Resources (TRGP)
NYSE:TRGP
TRGP Analyst Ratings
Strong Buy
15 Buy
1 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
TRGP Stock 12 Month Forecast
Average Price Target
$223.47
▲(36.63% Upside)
| Highest Price Target$259.00 | Average Price Target$223.47 | Lowest Price Target$199.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Detailed List of Analyst Forecasts
RBC Capital
Reiterated
04/11/25
Barclays
Reiterated
04/09/25
Scotiabank
Reiterated
04/09/25
Morgan Stanley
Reiterated
04/08/25
US Capital Advisors
Upgraded
04/07/25
Tudor Pickering
Reiterated
03/20/25
Truist Financial
Reiterated
03/18/25
J.P. Morgan
Reiterated
03/12/25
Citi
Reiterated
02/25/25
Stifel Nicolaus
$229
Buy
40.01%
Upside
Reiterated
02/23/25
Analysts Are Bullish on These Energy Stocks: Targa Resources (TRGP), Tenaris SA (TS)
Bank of America Securities
―
Buy
―
Reiterated
02/21/25
Bank of America Securities Reaffirms Their Buy Rating on Targa Resources (TRGP)
CFRA
$198→$208
Hold
27.17%
Upside
Reiterated
02/21/25
Targa Resources (TRGP) PT Raised to $208 at CFRACFRA analyst Stewart Glickman raised the price target on Targa Resources (NYSE: TRGP) to $208.00 (from $198.00) while maintaining a Hold rating.
Wells Fargo
$204→$220
Buy
34.51%
Upside
Reiterated
02/20/25
Targa Resources Buy Rating: Strong Financial Performance and Promising Future Outlook Drive Optimism
Mizuho Securities
$208→$226
Buy
38.18%
Upside
Reiterated
02/19/25
Targa Resources price target raised to $226 from $208 at MizuhoTarga Resources price target raised to $226 from $208 at Mizuho
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
RBC Capital
Reiterated
04/11/25
Barclays
Reiterated
04/09/25
Scotiabank
Reiterated
04/09/25
Morgan Stanley
Reiterated
04/08/25
US Capital Advisors
Upgraded
04/07/25
Tudor Pickering
Reiterated
03/20/25
Truist Financial
Reiterated
03/18/25
J.P. Morgan
Reiterated
03/12/25
Citi
Reiterated
02/25/25
Stifel Nicolaus
$229
Buy
40.01%
Upside
Reiterated
02/23/25
Analysts Are Bullish on These Energy Stocks: Targa Resources (TRGP), Tenaris SA (TS)
Bank of America Securities
―
Buy
―
Reiterated
02/21/25
Bank of America Securities Reaffirms Their Buy Rating on Targa Resources (TRGP)
CFRA
$198→$208
Hold
27.17%
Upside
Reiterated
02/21/25
Targa Resources (TRGP) PT Raised to $208 at CFRACFRA analyst Stewart Glickman raised the price target on Targa Resources (NYSE: TRGP) to $208.00 (from $198.00) while maintaining a Hold rating.
Wells Fargo
$204→$220
Buy
34.51%
Upside
Reiterated
02/20/25
Targa Resources Buy Rating: Strong Financial Performance and Promising Future Outlook Drive Optimism
Mizuho Securities
$208→$226
Buy
38.18%
Upside
Reiterated
02/19/25
Targa Resources price target raised to $226 from $208 at MizuhoTarga Resources price target raised to $226 from $208 at Mizuho
Best Analysts Covering Targa Resources
Which Analyst Should I Follow If I Want to Buy TRGP and Sell After:
1 Month
xxx
Success Rate
15/20 ratings generated profit
Average Return
+5.22%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 75.00% of your transactions generating a profit, with an average return of +5.22% per trade.
3 Months
xxx
Success Rate
25/29 ratings generated profit
Average Return
+12.40%
reiterated a xxx
rating last month
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 86.21% of your transactions generating a profit, with an average return of +12.40% per trade.
1 Year
Success Rate
26/29 ratings generated profit
Average Return
+41.30%
reiterated a buy rating last month
Copying Jeremy Tonet's trades and holding each position for 1 Year would result in 89.66% of your transactions generating a profit, with an average return of +41.30% per trade.
2 Years
xxx
Success Rate
27/29 ratings generated profit
Average Return
+81.21%
reiterated a xxx
rating last month
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 93.10% of your transactions generating a profit, with an average return of +81.21% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
TRGP Analyst Recommendation Trends
Rating
Dec 24
Jan 25
Feb 25
Mar 25
Apr 25
Strong Buy
0
0
0
0
2
Buy
28
22
17
19
19
Hold
1
1
1
1
1
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
29
23
18
20
22
Each month's total comprises the sum of three months' worth of ratings.
TRGP Financial Forecast
TRGP Stock Forecast FAQ
What is TRGP’s average 12-month price target, according to analysts?
Based on analyst ratings, Targa Resources’s 12-month average price target is $223.47.
What is TRGP’s upside potential, based on the analysts’ average price target?
Targa Resources has 36.63% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is TRGP a Buy, Sell or Hold?
Targa Resources has a consensus rating of Strong Buy which is based on 15 buy ratings, 1 hold ratings and 0 sell ratings.
What is Targa Resources’s price target?
The average price target for Targa Resources is $223.47. This is based on 16 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $259.00 ,the lowest forecast is $199.00. The average price target represents 36.63% Increase from the current price of $163.56.
The highest analyst price target is $259.00 ,the lowest forecast is $199.00. The average price target represents 36.63% Increase from the current price of $163.56.
What do analysts say about Targa Resources?
Targa Resources’s analyst rating consensus is a Strong Buy. This is based on the ratings of 16 Wall Streets Analysts.
How can I buy shares of TRGP?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.