Targa Resources Corp. (TRGP)
NYSE: TRGP · Real-Time Price · USD
297.33
+1.03 (0.35%)
At close: Nov 13, 2026, 4:00 PM EST
297.33
0.00 (0.00%)
After-hours: Nov 13, 2026, 7:00 PM EST
Targa Resources Stock Forecast
Stock Price Forecast
According to 22 analysts polled by S&P Global, Targa Resources stock has a consensus rating of "Strong Buy" and an average price target of $332.62. The average 1-year stock price forecast is 11.87% higher than the current stock price, while the lowest is $294 (-1.12%) and the highest is $362 (+21.75%).
Price Target: $332.62 (+11.87%)
Analyst Consensus: Strong Buy
Price Target
ChartAnalyst Ratings
The average analyst rating for Targa Resources stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 | Nov '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 14 | 14 | 14 | 15 | 15 | 16 |
| Buy | 6 | 6 | 6 | 6 | 6 | 6 |
| Hold | 3 | 3 | 3 | 1 | 1 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 23 | 23 | 23 | 22 | 22 | 22 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $294 | Buy | Maintains | $294 | -1.12% | Nov 11, 2026 |
| Scotiabank | Scotiabank | Buy Maintains $319 → $325 | Buy | Maintains | $319 → $325 | +9.31% | Nov 10, 2026 |
| Morgan Stanley | Morgan Stanley | Buy Reiterates $359 → $362 | Buy | Reiterates | $359 → $362 | +21.75% | Nov 10, 2026 |
| Wells Fargo | Wells Fargo | Buy Maintains $324 → $330 | Buy | Maintains | $324 → $330 | +10.99% | Nov 9, 2026 |
| Jefferies | Jefferies | Buy Maintains $326 → $311 | Buy | Maintains | $326 → $311 | +4.60% | Nov 6, 2026 |
Financial Forecast
Revenue This Year
19.56B
from 17.03B
Increased by 14.89%
Revenue Next Year
23.46B
from 19.56B
Increased by 19.90%
EPS This Year
11.85
from 9.00
Increased by 31.78%
EPS Next Year
12.34
from 11.85
Increased by 4.13%
EPS and Forward PE are based on non-GAAP adjusted numbers.