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Targa Resources (TRGP): analyst forecast and price target

$295 · market cap $60.6B SPY 0.09%
Price targets and ratings of

Analyst consensus

0 Buy0 Hold0 Sell

Ratings of 0 analysts in the last 3 months

12-month forecast

$329+11.5% upside

Based on 0 price targets given in the last 3 months, the average target is $329, the highest —, the lowest —. The average is +11.5% from the last price of $295.

$200$300Jan 26AprJulOctJan 27AprJulOctAverage$329
Highest target — Average target $329 Lowest target —
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
Jason Gabelman★★★★★★★★★★#503 · hits 65% · avg +15.3% TD Cowen $350 → $345−1.4% Buy +17.0% Reiterated 16.10.26on TipRanks 08:45 +5.5%
Mark Lear★★★★★★★★★★#1201 · hits 58% · avg +7.2% Piper Sandler $314 → $319+1.6% Buy +8.2% Reiterated 15.10.26on TipRanks 09:45 −3.2%next day +5.5%
Julien Dumoulin Smith★★★★★★★★★★#774 · hits 62% · avg +8.9% Jefferies $345 → $326−5.5% Buy +10.5% Reiterated 15.10.26on TipRanks 08:55 −3.2%next day +5.5%
Jean Ann Salisbury★★★★★★★★★★#2367 · hits 69% · avg +5.5% Bank of America Securities $300 → $330+10.0% Buy +11.9% Reiterated 15.10.26on TipRanks 07:40 −3.2%next day +5.5%
John Mackay★★★★★★★★★★#599 · hits 65% · avg +18.7% Goldman Sachs $310 → $322+3.9% Buy +9.2% Reiterated 13.10.26on TipRanks 17:20 +0.4%next day −3.2%
Spiro M. Dounis★★★★★★★★★★#1089 · hits 65% · avg +8.8% Citi $303 → $325+7.3% Buy +10.2% Reiterated 13.10.26on TipRanks 07:00 +0.9%next day +0.4%
Robert Hodges★★★★★★★★★★#6890 · hits 100% · avg +6.6% TD Cowen $340 → $335−1.5% Buy +13.6% Reiterated 09.10.26on TipRanks 07:20 −1.2%next day +1.4% · 5 days +4.8%
Theresa Chen★★★★★★★★★★#64 · hits 74% · avg +18.7% Barclays $284 → $294+3.5% Buy −0.3% Reiterated 08.10.26on TipRanks 05:25 +2.0%next day −1.2% · 5 days −1.8%
Elvira Scotto★★★★★★★★★★#175 · hits 68% · avg +16.0% RBC Capital $338 Buy +14.6% Reiterated 06.10.26on TipRanks Oct 7 07:11 −1.1%next day −0.4% · 5 days +2.7%
Gabriel Daoud★★★★★★★★★★#12169 · hits 41% · avg −9.8% Truist Financial $312 → $345+10.6% Buy +17.0% Reiterated 21.09.26on TipRanks 07:30 −2.5%next day −2.5% · 5 days −3.1%
Jason Gabelman★★★★★★★★★★#503 · hits 65% · avg +15.3% TD Cowen $275 → $350+27.3% Buy +18.7% Upgrade 18.09.26on TipRanks 05:45 +2.4%next day −2.5% · 5 days −6.2%
Robert Kad★★★★★★★★★★#1953 · hits 59% · avg +6.6% Morgan Stanley $343 → $359+4.7% Buy +21.7% Reiterated 17.09.26on TipRanks Sep 16 08:25 +0.1%next day −1.0% · 5 days −2.7%
Gabe Moreen★★★★★★★★★★#75 · hits 78% · avg +15.7% Mizuho Securities $300 → $320+6.7% Buy +8.5% Reiterated 11.09.26on TipRanks 09:21 −1.4%next day −0.6% · 5 days +0.8%
Brandon Bingham★★★★★★★★★★#776 · hits 83% · avg +21.8% Scotiabank $257 → $314+22.2% Buy +6.5% Reiterated 10.09.26on TipRanks 10:50 +0.8%next day −1.4% · 5 days −3.0%
Theresa Chen★★★★★★★★★★#64 · hits 74% · avg +18.7% Barclays $284 Buy −3.7% Reiterated 10.09.26on TipRanks 05:36 +0.8%next day −1.4% · 5 days −3.0%
Robert Hodges★★★★★★★★★★#6890 · hits 100% · avg +6.6% TD Cowen $340 Buy +15.3% Initiated 10.09.26on TipRanks Sep 9 17:05 +0.8%next day −1.4% · 5 days −3.0%
Praneeth Satish★★★★★★★★★★#4206 · hits 56% · avg +2.7% Wells Fargo $282 → $324+14.9% Buy +9.9% Reiterated 02.09.26on TipRanks 05:30 −1.3%next day −1.0% · 5 days +0.4%
Elvira Scotto★★★★★★★★★★#175 · hits 68% · avg +16.0% RBC Capital $312 → $338+8.3% Buy +14.6% Reiterated 26.08.26on TipRanks Aug 27 07:15 +2.5%next day −2.4% · 5 days −0.1%
Jeremy Tonet★★★★★★★★★★#1069 · hits 57% · avg +8.5% J.P. Morgan $315 → $351+11.4% Buy +19.0% Reiterated 24.08.26on TipRanks Aug 25 08:10 −1.3%next day −2.8% · 5 days −0.7%
John Mackay★★★★★★★★★★#599 · hits 65% · avg +18.7% Goldman Sachs $299 → $310+3.7% Buy +5.1% Reiterated 18.08.26on TipRanks 08:30 +7.8%next day −0.4% · 5 days −3.4%
Julien Dumoulin Smith★★★★★★★★★★#774 · hits 62% · avg +8.9% Jefferies $324 → $345+6.5% Buy +17.0% Reiterated 18.08.26on TipRanks 04:30 +7.8%next day −0.4% · 5 days −3.4%
Manav Gupta★★★★★★★★★★#185 · hits 69% · avg +22.7% UBS $318 Buy +7.8% Reiterated 17.08.26on TipRanks 08:55 +1.3%next day +7.8% · 5 days +7.1%
Ameet Thakkar★★★★★★★★★★#11158 · hits 55% · avg −3.4% BMO Capital $303 Buy +2.7% Reiterated 10.08.26on TipRanks 07:25 +3.7%next day 0.0% · 5 days +4.5%
James Weston★★★★★★★★★★#654 · hits 62% · avg +30.3% Raymond James $330 → $335+1.5% Buy +13.6% Reiterated 07.08.26on TipRanks 09:55 −4.8%next day +3.7% · 5 days +7.0%
Hans Engel★★★★★★★★★★#1835 · hits 58% · avg +11.1% Erste Group — Buy — Initiated 25.06.26on TipRanks 08:30 +2.5%next day +0.4% · 5 days −6.8%
Spiro M. Dounis★★★★★★★★★★#1089 · hits 65% · avg +8.8% Citi $262 → $303+15.6% Buy +2.7% Reiterated 27.05.26on TipRanks 11:30 −2.3%next day −1.1% · 5 days −0.9%
Jean Ann Salisbury★★★★★★★★★★#2367 · hits 69% · avg +5.5% Bank of America Securities $253 → $300+18.6% Buy +1.7% Reiterated 27.05.26on TipRanks 06:40 −2.3%next day −1.1% · 5 days −0.9%
Sunil Sibal★★★★★★★★★★#2485 · hits 59% · avg +11.8% Seaport Global — Hold — Downgrade 04.05.26on TipRanks 07:35 +2.2%next day −0.5% · 5 days −5.2%

Every rating the collector has kept for the last 12 months, including the earlier ones of the same analyst. Latest of each analyst

Best analysts covering Targa Resources

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months John Mackay★★★★★★★★★★Goldman Sachs · #599
Hits 65%112 of 171 Average return +18.7%
1 year Jeremy Tonet★★★★★★★★★★J.P. Morgan · #1069
Hits 57%280 of 494 Average return +8.5%
2 years James Weston★★★★★★★★★★Raymond James · #654
Hits 62%51 of 82 Average return +30.3%

Most profitable

3 months James Weston★★★★★★★★★★Raymond James · #654
Hits 62%51 of 82 Average return +30.3%
1 year James Weston★★★★★★★★★★Raymond James · #654
Hits 62%51 of 82 Average return +30.3%
2 years James Weston★★★★★★★★★★Raymond James · #654
Hits 62%51 of 82 Average return +30.3%

How the average price target moved

The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $329 at a price of $270 (+21.7%); now: $329 at $295 (+11.5%).

$280$300$320Sep 15Oct 1Oct 15Top analysts$329Average target$329Price$295

PriceAverage targetTop analysts’ target

Recommendation trend

0102030252Oct 251201Nov1191Dec1171Jan 26181Feb201Mar271Apr292May292Jun253Jul272Aug292Sep311Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy000000
Buy292925272931
Hold223221
Sell000000

Data from the stock’s TipRanks forecast page, read 43 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗