Targa Resources Corp. (TRGP)
NYSE: TRGP · Real-Time Price · USD
289.32
-2.59 (-0.89%)
At close: Sep 11, 2026, 4:00 PM EDT
290.25
+0.93 (0.32%)
After-hours: Sep 11, 2026, 7:30 PM EDT
Targa Resources Stock Forecast
Stock Price Forecast
According to 21 analysts polled by S&P Global, Targa Resources stock has a consensus rating of "Strong Buy" and an average price target of $313.1. The average 1-year stock price forecast is 8.22% higher than the current stock price, while the lowest is $257 (-11.17%) and the highest is $351 (+21.32%).
Price Target: $313.1 (+8.22%)
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 | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 15 | 13 | 14 | 14 | 14 | 14 |
| Buy | 5 | 6 | 6 | 6 | 6 | 6 |
| Hold | 2 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 22 | 22 | 23 | 23 | 23 | 23 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Mizuho Securities | Mizuho Securities | Buy Maintains $300 → $320 | Buy | Maintains | $300 → $320 | +10.60% | Sep 11, 2026 |
| Scotiabank | Scotiabank | Buy Maintains $257 → $314 | Buy | Maintains | $257 → $314 | +8.53% | Sep 10, 2026 |
| Barclays | Barclays | Buy Maintains $284 | Buy | Maintains | $284 | -1.84% | Sep 10, 2026 |
| Stifel Nicolaus | Stifel Nicolaus | Buy Initiates $340 | Buy | Initiates | $340 | +17.52% | Sep 9, 2026 |
| Wells Fargo | Wells Fargo | Buy Maintains $282 → $324 | Buy | Maintains | $282 → $324 | +11.99% | Sep 2, 2026 |
Financial Forecast
Revenue This Year
19.17B
from 17.03B
Increased by 12.58%
Revenue Next Year
23.60B
from 19.17B
Increased by 23.10%
EPS This Year
11.50
from 9.00
Increased by 27.82%
EPS Next Year
12.08
from 11.50
Increased by 5.07%
EPS and Forward PE are based on non-GAAP adjusted numbers.