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Targa Resources Corp.

TRGPNYSEEnergyOil & Gas Midstream

$302.37Today:- (-)1Y +84.66%

As of Oct 23, 2026 close

Market cap
$64.83B
P/E (TTM)
28.59
Forward P/E
18.98
Dividend yield
1.55%
52-week range
$149.21$307.94
Volume (live)
-
Avg. volume (3M)
1.16M

Targa Resources Corp. (TRGP) Analyst Forecast

Analyst consensus ratings, 12-month price targets, and expert recommendations for Targa Resources Corp. stock.

Analyst Consensus Rating

Investment consensus from 19 professional research analysts

Consensus Rating

Buy
Based on 19 unique analysts
(29 total ratings in last 90 days)
High Confidence∞:1 Buy/Sell

Average Price Target

$329.61
+9.01% upside

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Strong Sell
Sell
Hold
Buy
Strong Buy

Latest TRGP Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Ameet Thakkar
BMO Capital
BuyReiterates
$303.00 → $328.00
James Weston
Raymond James
BuyMaintains
$335.00 → $340.00
Jason Gabelman
TD Cowen
BuyMaintains
$350.00 → $345.00
Mark Lear
Scotiabank
BuyMaintains
$314.00 → $319.00
Julien Dumoulin Smith
Jefferies
BuyMaintains
$345.00 → $326.00
Jean Ann Salisbury
BofA Securities
BuyMaintains
$300.00 → $330.00
Zacks Equity Research
Zacks Equity Research
BuyInitiates Coverage
-
John Mackay
Goldman Sachs
BuyMaintains
$310.00 → $322.00
Spiro M. Dounis
Citi
BuyMaintains
$303.00 → $325.00
Robert Hodges
Stifel Nicolaus
BuyMaintains
$340.00 → $335.00
Theresa Chen
Barclays
BuyMaintains
$284.00 → $294.00
Elvira Scotto
RBC Capital
BuyReiterates
$338.00
Elvira Scotto
RBC Capital
BuyReiterates
$338.00
Gabriel Daoud
Truist
BuyReiterates
$312.00 → $345.00
Jason Gabelman
TD Cowen
BuyUpgrades
$275.00 → $350.00
Robert Kad
Morgan Stanley
BuyMaintains
$343.00 → $359.00
Robert Kad
Morgan Stanley
BuyMaintains
$343.00 → $359.00
Gabe Moreen
Mizuho
BuyMaintains
$300.00 → $320.00
Brandon Bingham
Scotiabank
BuyMaintains
$257.00 → $314.00
Theresa Chen
Barclays
BuyMaintains
$284.00
Robert Hodges
Stifel Nicolaus
BuyInitiates
$340.00
Praneeth Satish
Wells Fargo
BuyMaintains
$282.00 → $324.00
Jeremy Tonet
JP Morgan
BuyMaintains
$315.00 → $351.00
Julien Dumoulin Smith
Jefferies
BuyMaintains
$324.00 → $345.00
John Mackay
Goldman Sachs
BuyMaintains
$299.00 → $310.00
Manav Gupta
UBS
BuyMaintains
$318.00
Ameet Thakkar
BMO Capital
BuyReiterates
$303.00
James Weston
Raymond James
BuyMaintains
$330.00 → $335.00
Zacks Equity Research
Zacks Equity Research
HoldInitiates Coverage
-

Source: Professional analyst ratings and price targets from the last 90 days. Data as of Oct 21, 2026. Data sources and methodology

Frequently Asked Questions

What is the analyst consensus rating for TRGP?

The analyst consensus rating for TRGP is Buy, based on the latest ratings from 19 analysts over the last 90 days.

What is the average price target for TRGP?

The average 12-month price target for TRGP is $329.61, representing an upside of 9.0% from the Oct 23, 2026 close of $302.37.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.