Targa Resources (TRGP)
(Delayed Data from NYSE)
$165.76 USD
+3.24 (1.99%)
Updated Oct 11, 2024 04:00 PM ET
2-Buy of 5 2
B Value B Growth C Momentum B VGM
Targa Resources, Inc. (TRGP) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Downside to Average Price Target |
---|---|---|---|
$156.10 | $182.00 | $141.00 | -5.83% |
Price Target
Based on short-term price targets offered by 20 analysts, the average price target for Targa Resources, Inc. comes to $156.10. The forecasts range from a low of $141.00 to a high of $182.00. The average price target represents a decline of 5.83% from the last closing price of $165.76.
Analyst Price Targets (20)
Broker Rating
Targa Resources, Inc. currently has an average brokerage recommendation (ABR) of 1.10 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 20 brokerage firms. The current ABR compares to an ABR of 1.10 a month ago based on 20 recommendations.
Of the 20 recommendations deriving the current ABR, 18 are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 90% and 10% of all recommendations. A month ago, Strong Buy made up 90%, while Buy represented 10%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 18 | 18 | 18 | 17 | 17 |
Buy | 2 | 2 | 2 | 2 | 2 |
Hold | 0 | 0 | 0 | 0 | 0 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.10 | 1.10 | 1.10 | 1.11 | 1.11 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
10/3/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
10/2/2024 | UBS | Shneur Z Gershuni | Strong Buy | Strong Buy |
9/18/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
9/3/2024 | Argus Research Corp. | John D Staszak | Not Available | Strong Buy |
8/5/2024 | Wells Fargo Securities | Michael J Blum | Strong Buy | Strong Buy |
8/5/2024 | Truist Securities | Neal D Dingmann | Strong Buy | Strong Buy |
8/2/2024 | Goldman Sachs | John Mackay | Strong Buy | Strong Buy |
8/1/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
7/30/2024 | Seaport Research Partners | Sunil Sibal | Strong Buy | Strong Buy |
7/29/2024 | U.S. Capital Advisors | James Carreker | Moderate Buy | Moderate Buy |
7/17/2024 | Scotiabank | Tristan J Richardson | Strong Buy | Strong Buy |
7/11/2024 | Capital One Securities | Wade Suki | Strong Buy | Strong Buy |
7/11/2024 | Mizuho SecuritiesUSA | Gabriel Moreen | Strong Buy | Strong Buy |
7/9/2024 | Tudor Pickering Holt & Co. | Zack Van Everen | Not Available | Strong Buy |
7/2/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
5/16/2024 | Not Identified | Not Identified | Moderate Buy | Moderate Buy |
4/22/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.10 |
ABR (Last week) | 1.10 |
# of Recs in ABR | 20 |
Average Target Price | $156.10 |
LT Growth Rate | 21.50% |
Industry | Oil and Gas - Refining and Marketing - Master Limited Partnerships |
Industry Rank by ABR | 66 of 252 |
Current Quarter EPS Est: | 1.57 |
TRGP FAQs
Targa Resources, Inc. (TRGP) currently has an average brokerage recommendation (ABR) of 1.10 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 20 brokerage firms.
The average price target for Targa Resources, Inc. (TRGP) is $156.10. The current on short-term price targets is based on 7 reports.
The forecasts for Targa Resources, Inc. (TRGP) range from a low of $141 to a high of $182. The average price target represents a decline of $5.83 from the last closing price of $165.76.
The current DOWNSIDE for Targa Resources, Inc. (TRGP) is 5.83%
Based on short-term price targets offered by 20 analysts, the average price target for Targa Resources, Inc. comes to $156.10. The forecasts range from a low of $141.00 to a high of $182.00. The average price target represents a decline of 5.83% from the last closing price of $165.76.