Targa Resources Corp
NYSE:TRGP

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Targa Resources Corp
NYSE:TRGP
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Price: 207.31 USD -0.18% Market Closed
Market Cap: 45.2B USD
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Wall Street
Price Targets

TRGP Price Targets Summary
Targa Resources Corp

Wall Street analysts forecast TRGP stock price to drop over the next 12 months.

According to Wall Street analysts, the average 1-year price target for TRGP is 203.27 USD with a low forecast of 168.79 USD and a high forecast of 258.3 USD.

Lowest
Price Target
168.79 USD
19% Downside
Average
Price Target
203.27 USD
2% Downside
Highest
Price Target
258.3 USD
25% Upside

TRGP Last Price Targets
Targa Resources Corp

The latest public price target was made on Nov 15, 2024 by Neal Dingmann from Truist Financial , who expects TRGP stock to rise by 9% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Neal Dingmann
Truist Financial
225 USD
Upside 9%
1 week ago
Nov 15, 2024
Targa Resources (TRGP) PT Raised to $225 at Truist Securities
StreetInsider
Gabriel Moreen
Mizuho Securities
181 USD
Downside 13%
1 month ago
Oct 22, 2024
Targa Resources (TRGP) PT Raised to $181 at Mizuho
StreetInsider
Jean Ann Salisbury
Bank of America Securities
182 USD
Downside 12%
1 month ago
Oct 17, 2024
BofA Securities Assumes Targa Resources (TRGP) at Buy
StreetInsider
Elvira Scotto
RBC Capital
172 USD
Downside 17%
1 month ago
Oct 16, 2024
Targa Resources price target raised to $172 from $153 at RBC Capital
TheFly
Theresa Chen
Barclays
155 USD
Downside 25%
1 month ago
Oct 3, 2024
Targa Resources price target raised to $155 from $138 at Barclays
TheFly
Sunil Sibal
Seaport Global
141 USD
Downside 32%
3 months ago
Jul 30, 2024
Targa Resources (TRGP) PT Raised to $141 at Seaport Global Securities
StreetInsider
Tristan Richardson
Scotiabank
142 USD
Downside 32%
4 months ago
Jul 17, 2024
Targa Resources price target raised to $142 from $128 at Scotiabank
TheFly
John Staszak
Argus Research
140 USD
Downside 32%
4 months ago
Jun 26, 2024
Argus starts Targa Resources at Buy, citing geographic diversification
TheFly
Neal Dingmann
Truist Financial
125 USD
Downside 40%
5 months ago
Jun 7, 2024
Targa Resources (TRGP) PT Raised to $125 at Truist Securities
StreetInsider
Elvira Scotto
RBC Capital
128 USD
Downside 38%
6 months ago
May 16, 2024
Targa Resources (TRGP) PT Raised to $128 at RBC Capital
StreetInsider
Christine Cho
Barclays
122 USD
Downside 41%
7 months ago
Apr 9, 2024
Targa Resources (TRGP) PT Raised to $122 at Barclays
StreetInsider
Gabriel Moreen
Mizuho Securities
130 USD
Downside 37%
7 months ago
Apr 3, 2024
Targa Resources (TRGP) PT Raised to $130 at Mizuho on higher estimates
StreetInsider
Neal Dingmann
Truist Financial
120 USD
Downside 42%
8 months ago
Mar 19, 2024
Targa Resources (TRGP) PT Raised to $120 at Truist Securities
StreetInsider
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Neal Dingmann
Truist Financial
Price Target 225 USD
Upside/Downside 9%
View Source
Gabriel Moreen
Mizuho Securities
Price Target 181 USD
Upside/Downside 13%
View Source
Jean Ann Salisbury
Bank of America Securities
Price Target 182 USD
Upside/Downside 12%
View Source
Elvira Scotto
RBC Capital
Price Target 172 USD
Upside/Downside 17%
View Source
Theresa Chen
Barclays
Price Target 155 USD
Upside/Downside 25%
View Source
Sunil Sibal
Seaport Global
Price Target 141 USD
Upside/Downside 32%
View Source
Tristan Richardson
Scotiabank
Price Target 142 USD
Upside/Downside 32%
View Source
John Staszak
Argus Research
Price Target 140 USD
Upside/Downside 32%
View Source
Neal Dingmann
Truist Financial
Price Target 125 USD
Upside/Downside 40%
View Source
Elvira Scotto
RBC Capital
Price Target 128 USD
Upside/Downside 38%
View Source
Christine Cho
Barclays
Price Target 122 USD
Upside/Downside 41%
View Source
Gabriel Moreen
Mizuho Securities
Price Target 130 USD
Upside/Downside 37%
View Source
Neal Dingmann
Truist Financial
Price Target 120 USD
Upside/Downside 42%
View Source
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Targa Resources Corp Competitors:
Price Targets
ALNG
Awilco LNG ASA
49% Upside
WES
Western Midstream Partners LP
5% Upside
DTM
DT Midstream Inc
19% Downside
GLNG
Golar LNG Ltd
27% Upside
HESM
Hess Midstream LP
12% Upside
GEI
Gibson Energy Inc
9% Upside
EPD
Enterprise Products Partners LP
6% Upside
NVGS
Navigator Holdings Ltd
36% Upside

Revenue
Forecast

Revenue Estimate
Targa Resources Corp

For the last 8 years the compound annual growth rate for Targa Resources Corp's revenue is 12%. The projected CAGR for the next 3 years is 9%.

12%
Past Growth
9%
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Targa Resources Corp

For the last 8 years the compound annual growth rate for Targa Resources Corp's operating income is 25%. The projected CAGR for the next 3 years is 2%.

25%
Past Growth
2%
Estimated Growth
Estimates Accuracy
0%
Average Miss

Net Income
Forecast

Net Income Estimate
Targa Resources Corp

For the last 8 years the compound annual growth rate for Targa Resources Corp's net income is 39%. The projected CAGR for the next 3 years is 35%.

39%
Past Growth
35%
Estimated Growth
Estimates Accuracy
5%
Average Beat

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is TRGP's stock price target?
Price Target
203.27 USD

According to Wall Street analysts, the average 1-year price target for TRGP is 203.27 USD with a low forecast of 168.79 USD and a high forecast of 258.3 USD.

What is Targa Resources Corp's Revenue forecast?
Projected CAGR
9%

For the last 8 years the compound annual growth rate for Targa Resources Corp's revenue is 12%. The projected CAGR for the next 3 years is 9%.

What is Targa Resources Corp's Operating Income forecast?
Projected CAGR
2%

For the last 8 years the compound annual growth rate for Targa Resources Corp's operating income is 25%. The projected CAGR for the next 3 years is 2%.

What is Targa Resources Corp's Net Income forecast?
Projected CAGR
35%

For the last 8 years the compound annual growth rate for Targa Resources Corp's net income is 39%. The projected CAGR for the next 3 years is 35%.

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