Equites Radar

TRGP · Targa Resources, Inc.

Oil & Gas MidstreamUnited StatesAnalyst view: Buy

$281.33

-2.24% last session

End-of-day data · updated 2026-07-28

Neutral2 bullish · 2 bearish technical signals
Consensus: Buy (1.52 from 21 analysts)
To mean target: +5.4%

Market cap

$57B

Enterprise value

$77B

Trailing P/E

27.3

Forward P/E

22.4

Dividend yield

2.0%

Beta

0.70

Avg volume

1M

Employees

4K

2D change

5D change

-6.28%

10D change

-5.40%

30D change

-1.82%

60D change

4.93%

MTD change

3.81%

YTD change

46.52%

Analyst Outlook

Consensus ratingBuy
Recommendation mean (1–5)1.52
Covering analysts21
Mean price target$296.62
Low price target$256.00
Upside to mean target+5.4%

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

Technical Analysis

RSI (14)40.4
50-day MA$269.74
200-day MA$219.19
Price vs 50-day MA-3.0%
Price vs 200-day MA+19.4%
MACD histogram-1.56
Volume vs 3-month avg1.1×
52w low $143.8952w high $285.58

Analyst sentiment over time — TRGP

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

Investment Bank Ratings as of 2026-07-16

Latest call per bank · past 12 months

Barclays

Overweight

$282

+0.2% vs price
▲ raised from $270Maintains · 2026-07-13

JP Morgan

Overweight

$315

+12.0% vs price
▲ raised from $291Maintains · 2026-07-09

Jefferies

Buy

$314

+11.6% vs price
▲ raised from $0.00Initiates · 2026-06-18

Morgan Stanley

Overweight

$331

+17.7% vs price
▲ raised from $327Maintains · 2026-05-12

Wells Fargo

Overweight

$270

-4.0% vs price
▲ raised from $264Maintains · 2026-05-08

Goldman Sachs

Buy

$268

-4.7% vs price
▲ raised from $242Maintains · 2026-04-20

RBC Capital

Outperform

$270

-4.0% vs price
▲ raised from $260Maintains · 2026-04-13

UBS

Buy

$280

-0.5% vs price
▲ raised from $228Maintains · 2026-03-24

Citigroup

Buy

$262

-6.9% vs price
▲ raised from $200Maintains · 2026-02-24

Recent rating actions

DateFirmActionRatingPrice target
2026-07-16TD CowenMaintainsHold$245 $270
2026-07-15Truist SecuritiesMaintainsBuy$289 $312
2026-07-13BarclaysMaintainsOverweight$270 $282
2026-07-09JP MorganMaintainsOverweight$291 $315
2026-06-23BarclaysMaintainsOverweight$262 $270
2026-06-18JefferiesInitiatesBuy$0.00 $314
2026-05-27MizuhoMaintainsOutperform$260 $300
2026-05-14BarclaysMaintainsOverweight$255 $262

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 2026-07-28

  • RSI (14): RSI is 40 — neutral momentum, neither overbought nor oversold.
  • Price vs 50-day MA: Trading 3.0% below the 50-day MA ($269.74).
  • Price vs 200-day MA: Trading 19.4% above the 200-day MA ($219.19).
  • MA cross: The 50-day MA sits above the 200-day MA (golden-cross regime) — the longer-term trend points up.
  • MACD (12,26,9): MACD histogram is negative (-1.56) — short-term momentum is fading.
  • 52-week range: Price sits between the 52-week low ($143.89) and high ($285.58).

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$14.61
Net debt / EBITDA3.7
WACC8.0%
Revenue growth-10.00%
Earnings growth143.00%

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.

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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.