Equites Radar

TRGP · Targa Resources, Inc.

Oil & Gas MidstreamUnited StatesAnalyst view: Strong Buy

$305.04

+0.12% last session

End-of-day data · close of 2026-10-27

Bullish5 bullish · 0 bearish technical signals
Consensus: Strong Buy (1.36 from 21 analysts)
To mean target: +8.2%

Market cap

$65B

Enterprise value

$85B

Trailing P/E

29.1

Forward P/E

25.2

Dividend yield

2.0%

Beta

0.80

Avg volume

1M

Employees

4K

Daily Change %

0.12%

5 Days Change

5.23%

10 Days Change

3.32%

30 Days Change

9.66%

60 Days Change

5.86%

Month to Day Change

9.08%

Year to Day Change

67.58%

Analyst Outlook

Consensus ratingStrong Buy
Recommendation mean (1–5)1.36
Covering analysts21
Mean price target$329.81
Low price target$294.00
Upside to mean target+8.2%

Analyst estimates change daily — follow the shifts on the Estimate Trends page.

Technical Analysis

RSI (14)63.2
50-day MA$289.65
200-day MA$256.37
Price vs 50-day MA+5.3%
Price vs 200-day MA+19.0%
MACD histogram1.77
Volume vs 3-month avg0.0×
52w low $148.1952w high $305.04

Analyst sentiment over time — TRGP

Rec Mean (blue, left — higher = more bullish) vs. price targets (right).

Investment Bank Ratings as of 2026-10-21

Latest call per bank · past 12 months

Citigroup

Buy

$325

+6.7% vs price
▲ raised from $303Maintains · 2026-10-13

Barclays

Overweight

$294

-3.5% vs price
▲ raised from $284Maintains · 2026-10-08

Morgan Stanley

Overweight

$359

+17.8% vs price
▲ raised from $343Maintains · 2026-09-16

Wells Fargo

Overweight

$324

+6.3% vs price
▲ raised from $282Maintains · 2026-09-02

RBC Capital

Outperform

$338

+10.9% vs price
▲ raised from $312Maintains · 2026-08-27

Jefferies

Buy

$345

+13.2% vs price
▲ raised from $324Maintains · 2026-08-18

JP Morgan

Overweight

$315

+3.4% vs price
▲ raised from $291Maintains · 2026-07-09

Goldman Sachs

Buy

$268

-12.0% vs price
▲ raised from $242Maintains · 2026-04-20

UBS

Buy

$280

-8.1% vs price
▲ raised from $228Maintains · 2026-03-24

Recent rating actions

DateFirmActionRatingPrice target
2026-10-21BMO CapitalMaintainsOutperform$303 → $328
2026-10-13CitigroupMaintainsBuy$303 → $325
2026-10-08BarclaysMaintainsOverweight$284 → $294
2026-09-21Truist SecuritiesReiteratesBuy$312 → $345
2026-09-18TD CowenUpgradeHold → Buy$275 → $350
2026-09-16Morgan StanleyMaintainsOverweight$343 → $359
2026-09-11MizuhoMaintainsOutperform$300 → $320
2026-09-10ScotiabankMaintainsSector Outperform$257 → $314

Ratings and price targets are the published opinions of the issuing banks, compiled from Yahoo Finance rating actions — not investment advice.

Signal Summary as of 2026-10-27

  • neutral: RSI (14): RSI is 63 — neutral momentum, neither overbought nor oversold.
  • bullish: Price vs 50-day MA: Trading 5.3% above the 50-day MA ($289.65).
  • bullish: Price vs 200-day MA: Trading 19.0% above the 200-day MA ($256.37).
  • bullish: MA cross: The 50-day MA sits above the 200-day MA (golden-cross regime) — the longer-term trend points up.
  • bullish: MACD (12,26,9): MACD histogram is positive (+1.77) — short-term momentum is improving.
  • bullish: 52-week range: Price is within 5% of the 52-week high ($305.04).

TRGP Price Chart

Loading chart for TRGP…

Fundamentals

Revenue (TTM)$17B
EBITDA$5.0B
Free cash flow$0M
Operating cash flow$4.0B
Book value / share$17.05
Net Debt / EBITDA3.5
WACC9.0%
Revenue growth4.00%
Earnings growth23.00%

About Targa Resources, Inc.

Targa Resources Corp., together with its subsidiaries, owns, operates, acquires, and develops a portfolio of complementary domestic infrastructure assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company is involved in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, storing, terminaling, purchasing, and selling crude oil. It is involved in the purchase and resale of NGL products; and sale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, the company offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas. The company also leased and owned railcars, tractors, vacuum trucks and pressurized NGL barges. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.

More in Oil & Gas Midstream

Screen TRGP against the full market on the Radar →

Data is sourced from end-of-day snapshots and refreshed daily before the US market open — nothing on this page is real-time. Figures can contain vendor errors. This page is for information only and is not investment advice.