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Targa Resources Corp
NYSE:TRGP

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Targa Resources Corp Logo
Targa Resources Corp
NYSE:TRGP
Watchlist
Price: 116.86 USD -0.7% Market Closed
Updated: Apr 29, 2024
Section:
 

Wall Street
Price Targets

TRGP Price Targets Summary
Targa Resources Corp

Wall Street analysts forecast TRGP stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for TRGP is 121.68 USD with a low forecast of 95.95 USD and a high forecast of 140.89 USD.

TRGP Lowest Forecast
Wall Street Target
95.95 USD
18% Downside
TRGP Average Forecast
Wall Street Target
121.68 USD
4% Upside
TRGP Highest Forecast
Wall Street Target
140.89 USD
21% Upside
Lowest
Price Target
95.95 USD
18% Downside
Average
Price Target
121.68 USD
4% Upside
Highest
Price Target
140.89 USD
21% Upside

TRGP Last Price Targets
Targa Resources Corp

The latest public price target was made on Apr 9, 2024 by Christine Cho from Barclays , who expects TRGP stock to rise by 4% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Christine Cho
Barclays
122 USD
Upside 4%
2 weeks ago
Apr 9, 2024
Targa Resources (TRGP) PT Raised to $122 at Barclays
StreetInsider
Gabriel Moreen
Mizuho Securities
130 USD
Upside 11%
3 weeks ago
Apr 3, 2024
Targa Resources (TRGP) PT Raised to $130 at Mizuho on higher estimates
StreetInsider
Neal Dingmann
Truist Financial
120 USD
Upside 3%
1 month ago
Mar 19, 2024
Targa Resources (TRGP) PT Raised to $120 at Truist Securities
StreetInsider
Christine Cho
Barclays
Price Target 122 USD
Upside/Downside 4%
View Source
Gabriel Moreen
Mizuho Securities
Price Target 130 USD
Upside/Downside 11%
View Source
Neal Dingmann
Truist Financial
Price Target 120 USD
Upside/Downside 3%
View Source
Targa Resources Corp Competitors:
Price Targets
EE
Excelerate Energy Inc
32% Upside
N
4030
National Shipping Company of Saudi Arabia SJSC
22% Upside
EURN
Euronav NV
17% Upside
AM
Antero Midstream Corp
1% Downside
EE
Excelerate Energy Inc
32% Upside
N
4030
National Shipping Company of Saudi Arabia SJSC
22% Upside
EURN
Euronav NV
17% Upside
AM
Antero Midstream Corp
1% Downside
O
OSG
Overseas Shipholding Group Inc
116% Upside
ASC
Ardmore Shipping Corp
22% Upside
PETRONET
Petronet LNG Ltd
16% Downside
KEY
Keyera Corp
4% Upside

Revenue
Forecast

Revenue Estimate
Targa Resources Corp

For the last 8 years the compound annual growth rate for Targa Resources Corp's revenue is 12%. The projected CAGR for the next 3 years is 6%.

12%
Past Growth
6%
Estimated Growth
Estimates Accuracy
-1%
Average Miss
What are analyst estimates?

Operating Income
Forecast

Operating Income Estimate
Targa Resources Corp

For the last 8 years the compound annual growth rate for Targa Resources Corp's operating income is 25%. The projected CAGR for the next 3 years is -3%.

25%
Past Growth
-3%
Estimated Growth
Estimates Accuracy
0%
Average Miss
What are analyst estimates?

Net Income
Forecast

Net Income Estimate
Targa Resources Corp

For the last 8 years the compound annual growth rate for Targa Resources Corp's net income is 39%. The projected CAGR for the next 3 years is 28%.

39%
Past Growth
28%
Estimated Growth
Estimates Accuracy
3%
Average Beat
What are analyst estimates?

See Also

Summary
TRGP intrinsic value, competitors valuation, and company profile.
DCF Valuation
TRGP stock valuation using Discount Cash Flow valuation method.
Relative Valuation
TRGP stock valuation using valuation multiples.
Wall Street Estimates
TRGP price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
TRGP stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is TRGP's stock price target?
Price Target
121.68 USD

According to Wall Street analysts, the average 1-year price target for TRGP is 121.68 USD with a low forecast of 95.95 USD and a high forecast of 140.89 USD.

What is Targa Resources Corp's Revenue forecast?
Projected CAGR
6%

For the last 8 years the compound annual growth rate for Targa Resources Corp's revenue is 12%. The projected CAGR for the next 3 years is 6%.

What is Targa Resources Corp's Operating Income forecast?
Projected CAGR
-3%

For the last 8 years the compound annual growth rate for Targa Resources Corp's operating income is 25%. The projected CAGR for the next 3 years is -3%.

What is Targa Resources Corp's Net Income forecast?
Projected CAGR
28%

For the last 8 years the compound annual growth rate for Targa Resources Corp's net income is 39%. The projected CAGR for the next 3 years is 28%.

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