Targa Resources Stock Target Price and Analyst Consensus

TRGP Stock  USD 197.82  1.19  0.60%   
The current analyst and expert consensus on Targa Resources is Strong Buy, with 1 strong sell and 14 strong buy opinions. The current projected Targa Resources target price consensus is 198.65 with 22 analyst opinions. Check out Macroaxis Advice on Targa Resources to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Targa Stock, please use our How to Invest in Targa Resources guide.
The most common way Targa Resources analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Targa Resources executives and customers to further validate their buy or sell advice. Targa Resources buy-or-sell recommendation module provides average expert sentiment on the projected Targa Resources target price to derive its highest and lowest estimates based on projected price volatility of 2.08.
Lowest Forecast
180.77
Highest Forecast
220.5
Target Price
198.65
As of 03/30/2025, Gross Profit is likely to grow to about 4.5 B. Also, Pretax Profit Margin is likely to grow to 0.12. At this time, Targa Resources' Long Term Debt is relatively stable compared to the past year. As of 03/30/2025, Non Current Liabilities Total is likely to grow to about 15.9 B, while Total Current Liabilities is likely to drop slightly above 1.7 B.
  
It's important to approach Targa Resources' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Targa Resources Target Price Consensus

Targa target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Targa Resources' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   22  Strong Buy
Strong BuyBuyHoldStrong SellStrong Buy63.6%Buy22.7%Hold9.1%Sell0.0%Strong Sell4.5%100%
Most Targa analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Targa stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Targa Resources, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Targa Resources Target Price Projection

Targa Resources' current and average target prices are 197.82 and 198.65, respectively. The current price of Targa Resources is the price at which Targa Resources is currently trading. On the other hand, Targa Resources' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Targa Resources Market Quote on 30th of March 2025

Low Price195.98Odds
High Price199.62Odds

197.82

Target Price

Analyst Consensus On Targa Resources Target Price

Low Estimate180.77Odds
High Estimate220.5Odds

198.65

Historical Lowest Forecast  180.77 Target Price  198.65 Highest Forecast  220.5
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Targa Resources and the information provided on this page.

Targa Resources Analyst Ratings

Targa Resources' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Targa Resources stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Targa Resources' financials, market performance, and future outlook by experienced professionals. Targa Resources' historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

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JavaScript chart by amCharts 3.21.15Strong Buy Buy Hold Sell Strong Sell

Average Consensus Estimates

JavaScript chart by amCharts 3.21.15Three Month AgoTwo Months AgoOne Month AgoCurrentStrong SellSellHoldBuyStrong Buy
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Targa Resources price targets

Targa Resources' stock target price is an estimate of its future price, usually made by analysts. Using Targa Resources' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Targa Resources' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Targa Resources' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Targa Resources Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Targa Resources is a key component of Targa Resources valuation and have some predictive power on the future returns of a Targa Resources.
Hype
Prediction
LowEstimatedHigh
196.46198.54200.62
Details
Intrinsic
Valuation
LowRealHigh
178.04215.94218.02
Details
Naive
Forecast
LowNextHigh
205.23207.31209.39
Details
Earnings
Estimates (0)
LowProjected EPSHigh
2.032.102.22
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Targa Resources. Your research has to be compared to or analyzed against Targa Resources' peers to derive any actionable benefits. When done correctly, Targa Resources' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Targa Resources.

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Additional Tools for Targa Stock Analysis

When running Targa Resources' price analysis, check to measure Targa Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Targa Resources is operating at the current time. Most of Targa Resources' value examination focuses on studying past and present price action to predict the probability of Targa Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Targa Resources' price. Additionally, you may evaluate how the addition of Targa Resources to your portfolios can decrease your overall portfolio volatility.