Targa Resources (TRGP)
(Delayed Data from NYSE)
$131.62 USD
+3.76 (2.94%)
Updated Aug 6, 2024 04:00 PM ET
After-Market: $131.62 0.00 (0.00%) 7:58 PM ET
3-Hold of 5 3
B Value B Growth A Momentum A VGM
Targa Resources, Inc. (TRGP) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$144.16 | $156.00 | $124.00 | 12.75% |
Price Target
Based on short-term price targets offered by 19 analysts, the average price target for Targa Resources, Inc. comes to $144.16. The forecasts range from a low of $124.00 to a high of $156.00. The average price target represents an increase of 12.75% from the last closing price of $127.86.
Analyst Price Targets (19)
Broker Rating
Targa Resources, Inc. currently has an average brokerage recommendation (ABR) of 1.11 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 19 brokerage firms. The current ABR compares to an ABR of 1.11 a month ago based on 18 recommendations.
Of the 19 recommendations deriving the current ABR, 17 are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 89.47% and 10.53% of all recommendations. A month ago, Strong Buy made up 88.89%, while Buy represented 11.11%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 17 | 17 | 16 | 16 | 16 |
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 | 1.11 | 1.11 | 1.11 | 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 |
---|---|---|---|---|
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 |
7/3/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
7/2/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
6/11/2024 | UBS | Shneur Z Gershuni | 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 |
4/17/2024 | 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 | 1.11 |
ABR (Last week) | 1.11 |
# of Recs in ABR | 19 |
Average Target Price | $144.16 |
LT Growth Rate | 34.80% |
Industry | Oil and Gas - Refining and Marketing - Master Limited Partnerships |
Industry Rank by ABR | 40 of 253 |
Current Quarter EPS Est: | 1.48 |