Targa Resources Corp
NYSE:TRGP

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Targa Resources Corp
NYSE:TRGP
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Price: 175.4201 USD -0.77%
Market Cap: 38.3B USD
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Wall Street
Price Targets

TRGP Price Targets Summary
Targa Resources Corp

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

According to Wall Street analysts, the average 1-year price target for TRGP is 203.4212 USD with a low forecast of 139.4911 USD and a high forecast of 271.95 USD.

Lowest
Price Target
139.4911 USD
20% Downside
Average
Price Target
203.4212 USD
16% Upside
Highest
Price Target
271.95 USD
55% 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 28% 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 28%
1 month ago
Nov 15, 2024
Targa Resources (TRGP) PT Raised to $225 at Truist Securities
StreetInsider
Gabriel Moreen
Mizuho Securities
181 USD
Upside 3%
2 months ago
Oct 22, 2024
Targa Resources (TRGP) PT Raised to $181 at Mizuho
StreetInsider
Jean Ann Salisbury
Bank of America Securities
182 USD
Upside 4%
2 months ago
Oct 17, 2024
BofA Securities Assumes Targa Resources (TRGP) at Buy
StreetInsider
Elvira Scotto
RBC Capital
172 USD
Downside 2%
2 months ago
Oct 16, 2024
Targa Resources price target raised to $172 from $153 at RBC Capital
TheFly
Theresa Chen
Barclays
155 USD
Downside 12%
2 months ago
Oct 3, 2024
Targa Resources price target raised to $155 from $138 at Barclays
TheFly
Sunil Sibal
Seaport Global
141 USD
Downside 20%
4 months ago
Jul 30, 2024
Targa Resources (TRGP) PT Raised to $141 at Seaport Global Securities
StreetInsider
Tristan Richardson
Scotiabank
142 USD
Downside 19%
5 months ago
Jul 17, 2024
Targa Resources price target raised to $142 from $128 at Scotiabank
TheFly
John Staszak
Argus Research
140 USD
Downside 20%
5 months ago
Jun 26, 2024
Argus starts Targa Resources at Buy, citing geographic diversification
TheFly
Neal Dingmann
Truist Financial
125 USD
Downside 29%
6 months ago
Jun 7, 2024
Targa Resources (TRGP) PT Raised to $125 at Truist Securities
StreetInsider
Elvira Scotto
RBC Capital
128 USD
Downside 27%
7 months ago
May 16, 2024
Targa Resources (TRGP) PT Raised to $128 at RBC Capital
StreetInsider
Christine Cho
Barclays
122 USD
Downside 30%
8 months ago
Apr 9, 2024
Targa Resources (TRGP) PT Raised to $122 at Barclays
StreetInsider
Gabriel Moreen
Mizuho Securities
130 USD
Downside 26%
8 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 32%
9 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 28%
View Source
Gabriel Moreen
Mizuho Securities
Price Target 181 USD
Upside/Downside 3%
View Source
Jean Ann Salisbury
Bank of America Securities
Price Target 182 USD
Upside/Downside 4%
View Source
Elvira Scotto
RBC Capital
Price Target 172 USD
Upside/Downside 2%
View Source
Theresa Chen
Barclays
Price Target 155 USD
Upside/Downside 12%
View Source
Sunil Sibal
Seaport Global
Price Target 141 USD
Upside/Downside 20%
View Source
Tristan Richardson
Scotiabank
Price Target 142 USD
Upside/Downside 19%
View Source
John Staszak
Argus Research
Price Target 140 USD
Upside/Downside 20%
View Source
Neal Dingmann
Truist Financial
Price Target 125 USD
Upside/Downside 29%
View Source
Elvira Scotto
RBC Capital
Price Target 128 USD
Upside/Downside 27%
View Source
Christine Cho
Barclays
Price Target 122 USD
Upside/Downside 30%
View Source
Gabriel Moreen
Mizuho Securities
Price Target 130 USD
Upside/Downside 26%
View Source
Neal Dingmann
Truist Financial
Price Target 120 USD
Upside/Downside 32%
View Source
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Targa Resources Corp Competitors:
Price Targets
KEY
Keyera Corp
7% Upside
PLX
Vietnam National Petroleum Group
29% Upside
8088
Iwatani Corp
54% Upside
GTT
Gaztransport et Technigaz SA
35% Upside
GEI
Gibson Energy Inc
7% Upside
ALNG
Awilco LNG ASA
58% Upside
VPK
Koninklijke Vopak NV
10% Upside
AKRA
AKR Corporindo Tbk PT
51% 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 4 years is 4%.

12%
Past Growth
4%
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 4 years is 10%.

25%
Past Growth
10%
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 4 years is 28%.

39%
Past Growth
28%
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
203.4212 USD

According to Wall Street analysts, the average 1-year price target for TRGP is 203.4212 USD with a low forecast of 139.4911 USD and a high forecast of 271.95 USD.

What is Targa Resources Corp's Revenue forecast?
Projected CAGR
4%

For the last 8 years the compound annual growth rate for Targa Resources Corp's revenue is 12%. The projected CAGR for the next 4 years is 4%.

What is Targa Resources Corp's Operating Income forecast?
Projected CAGR
10%

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 4 years is 10%.

What is Targa Resources Corp's Net Income forecast?
Projected CAGR
28%

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 4 years is 28%.

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