Skip to main
TRGP

Targa Resources (TRGP) Stock Forecast & Price Target

Targa Resources (TRGP) Analyst Ratings

Based on 14 analyst ratings
Buy
Strong Buy 36%
Buy 57%
Hold 7%
Sell 0%
Strong Sell 0%

Bulls say

Targa Resources is positioned well to perform in the midstream industry, with a diversified portfolio of gathering, processing, logistics, and transportation assets primarily in the Permian Basin. Strong organic volume growth is expected in subsequent quarters, supported by the addition of new processing plants and expansions of pipeline infrastructure. The company also has a strong focus on sustainability and reducing its carbon footprint. With a solid fundamental backdrop and potential for structural growth, Targa Resources receives an "Outperform" rating.

Bears say

Targa Resources is facing numerous risks, such as a potentially weak demand for natural gas, which could impact volumes and project returns, and its reliance on the Permian basin leaves it vulnerable to potential productivity changes. Additionally, a decline in oil and gas prices, as well as regulatory and legislative changes, could harm the company's financial condition and operations. Furthermore, the company is facing competition from other midstream players, and its high correlation to crude prices makes it susceptible to market fluctuations. The CEO and President have extensive experience in the industry, but their previous roles were not directly related to midstream operations. Overall, the company's reliance on the Permian basin and potential risks in the industry contribute to a negative outlook on Targa Resources.

Targa Resources (TRGP) has been analyzed by 14 analysts, with a consensus rating of Buy. 36% of analysts recommend a Strong Buy, 57% recommend Buy, 7% suggest Holding, 0% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of Targa Resources and is not a guaranteed prediction by Public.com or investment advice.

Order type

Buy in

Order amount

Est. shares

0 shares

Sign up to buy

FAQs About Targa Resources (TRGP) Forecast

Analysts have given Targa Resources (TRGP) a Buy based on their latest research and market trends.

According to 14 analysts, Targa Resources (TRGP) has a Buy consensus rating as of May 20, 2026. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $260.57, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $260.57, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Targa Resources (TRGP)


Order type

Buy in

Order amount

Est. shares

0 shares

Sign up to buy
Disclaimer: Any investment listed here, which may be available on the Public platform, is intended to be used for informational purposes only, should not be the sole basis for making an investment decision, and is not a recommendation or advice.