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Targa Resources Price Target, Predictions & Analyst Ratings

-0.07 (-0.41 %)
(As of 10/23/2020 12:00 AM ET)
Today's Range
Now: $17.11
50-Day Range
MA: $15.58
52-Week Range
Now: $17.11
Volume1.96 million shs
Average Volume2.86 million shs
Market Capitalization$3.99 billion
P/E RatioN/A
Dividend Yield2.50%

Analyst Ratings

Targa Resources (NYSE:TRGP) Price Target and Consensus Rating

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
20 Wall Street analysts have issued ratings and price targets for Targa Resources in the last 12 months. Their average twelve-month price target is $24.53, predicting that the stock has a possible upside of 43.36%. The high price target for TRGP is $43.00 and the low price target for TRGP is $13.00. There are currently 1 sell rating, 9 hold ratings, 9 buy ratings and 1 strong buy rating for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
TRGP Consensus Rating: BuyHoldHoldHold
TRGP Consensus Rating Score: 2.502.472.252.22
TRGP Analyst Ratings: 1 Sell Rating(s)
9 Hold Rating(s)
9 Buy Rating(s)
1 Strong Buy Rating(s)
1 Sell Rating(s)
8 Hold Rating(s)
10 Buy Rating(s)
0 Strong Buy Rating(s)
2 Sell Rating(s)
11 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
2 Sell Rating(s)
10 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
TRGP Consensus Price Target: $24.53$24.56$26.12$29.13
TRGP Price Target Upside: 43.36% upside22.84% upside16.73% upside23.10% upside

Targa Resources (NYSE:TRGP) Consensus Price Target History

Average Share Price and Price Target by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Targa Resources (NYSE:TRGP) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
10/19/2020Morgan StanleyBoost Price TargetOverweight$18.00 ➝ $22.00High
10/9/2020Piper SandlerBoost Price TargetNeutral$18.00 ➝ $19.00Low
10/2/2020Raymond JamesUpgradeOutperform ➝ Strong-Buy$25.00 ➝ $26.00High
8/21/2020Capital One FinancialUpgradeEqual Weight ➝ OverweightLow
8/19/2020Bank of AmericaInitiated CoverageBuyLow
8/14/2020US Capital AdvisorsUpgradeHold ➝ BuyMedium
8/14/2020Wolfe ResearchUpgradeUnderperform ➝ Peer Perform$20.00Medium
8/12/2020MizuhoBoost Price TargetNeutral$21.00 ➝ $24.00Low
7/27/2020Seaport Global SecuritiesDowngradeBuy ➝ NeutralHigh
7/22/2020Wells Fargo & CompanyBoost Price TargetEqual Weight$16.00 ➝ $18.00Low
6/4/2020BarclaysUpgradeEqual Weight ➝ Overweight$12.00 ➝ $26.00High
6/3/2020JPMorgan Chase & Co.Boost Price TargetOverweight$19.00 ➝ $24.00High
5/28/2020UBS GroupBoost Price TargetBuy$19.00 ➝ $24.00Low
5/19/2020CitigroupLower Price TargetNeutral$35.00 ➝ $19.00High
5/13/2020SunTrust BanksBoost Price TargetOutperform ➝ Buy$15.00 ➝ $20.00Low
5/11/2020Royal Bank of CanadaLower Price TargetOutperform$23.00 ➝ $22.00High
4/1/2020Credit Suisse GroupDowngradeOutperform ➝ Neutral$21.00 ➝ $13.00Low
3/13/2020Stifel NicolausLower Price TargetHold$41.00 ➝ $27.00High
3/9/2020Robert W. BairdDowngradeOutperform ➝ Neutral$42.00 ➝ $28.00High
11/4/2019Piper Jaffray CompaniesInitiated CoverageNeutral$43.00Medium
8/11/2019Evercore ISIReiterated RatingNeutral ➝ HoldLow
4/8/2019Mitsubishi UFJ Financial GroupInitiated CoverageNeutral$50.00Low
2/21/2019BMO Capital MarketsLower Price Target$50.00Low
12/20/2018Jefferies Financial GroupUpgradeHold ➝ BuyHigh
4/19/2018Deutsche Bank AktiengesellschaftInitiated CoverageHold$50.00Low
4/16/2018GuggenheimSet Price TargetBuy$50.00Low
2/1/2018Goldman Sachs GroupUpgradeNeutral ➝ Buy$68.00Medium
(Data available from 10/25/2017 forward. View 10+ years of historical ratings with our analyst ratings screener.)
This page was last updated on 10/25/2020 by MarketBeat.com Staff

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