Targa Resources, Inc. (TRGP) is currently trading at $277.84. Based on 21 Wall Street analysts, the average target price is $325.14, implying a 17.0% upside. The consensus recommendation is STRONG BUY.

Over the past 30 days, the feed records 6 target raises and 0 target cuts for TRGP. Over the past 90 days, the feed records 17 target raises and 0 target cuts for TRGP.

TRGP

Targa Resources, Inc.

EnergyOpinion: strong buy

Opinion Criteria: Based on the consensus of Wall Street analysts. Strong Buy (1.0-1.5), Buy (1.5-2.5), Hold (2.5-3.5), Sell (3.5-4.5), Strong Sell (4.5-5.0).

Price (USD)

$277.84

Consensus target price range

Low–high band from analyst PT changes in the last 3 months; median & sample mean vs current price

LowHigh
$270.00$359.00
Current $277.84
Median: $315.00Mean: $315.88Current: $277.84

Recent price target updates (latest 80)

  • Truist SecuritiesSep 21, 2026

    PT action: Raises

    $312.00 → $345.00

  • TD CowenSep 18, 2026

    PT action: Raises

    $275.00 → $350.00

  • Morgan StanleySep 16, 2026

    PT action: Raises

    $343.00 → $359.00

  • MizuhoSep 11, 2026

    PT action: Raises

    $300.00 → $320.00

  • ScotiabankSep 10, 2026

    PT action: Raises

    $257.00 → $314.00

  • Wells FargoSep 2, 2026

    PT action: Raises

    $282.00 → $324.00

  • RBC CapitalAug 27, 2026

    PT action: Raises

    $312.00 → $338.00

  • JefferiesAug 18, 2026

    PT action: Raises

    $324.00 → $345.00

  • Morgan StanleyAug 18, 2026

    PT action: Raises

    $333.00 → $343.00

  • RBC CapitalAug 11, 2026

    PT action: Raises

    $310.00 → $312.00

  • TD CowenAug 7, 2026

    PT action: Raises

    $270.00 → $275.00

  • BarclaysAug 7, 2026

    PT action: Raises

    $282.00 → $284.00

  • Wells FargoAug 7, 2026

    PT action: Raises

    $270.00 → $282.00

  • TD CowenJul 16, 2026

    PT action: Raises

    $245.00 → $270.00

  • Truist SecuritiesJul 15, 2026

    PT action: Raises

    $289.00 → $312.00

  • BarclaysJul 13, 2026

    PT action: Raises

    $270.00 → $282.00

  • JP MorganJul 9, 2026

    PT action: Raises

    $291.00 → $315.00

  • BarclaysJun 23, 2026

    PT action: Raises

    $262.00 → $270.00

  • JefferiesJun 18, 2026

    PT action: Announces

    $0.00 → $314.00

  • MizuhoMay 27, 2026

    PT action: Raises

    $260.00 → $300.00

Band uses only the revised target (Current column) from firm actions dated within the last 3 months—not the Prior price.

Avg Target

$325.14

Based on 21 analysts

Analyst Recommendations

Buy (21)Hold (1)Sell (0)

Upside

+17.03%

Market Cap

$59.58B

Financial & Investment Metrics

Next Earnings Date
Nov 5, 2026D-40
P/E Ratio (TTM)26.59
Forward P/E23.00
P/B Ratio16.29
Dividend Yield1.80%
Return on Equity (ROE)70.84%
Operating Margin27.80%
Debt to Equity515.79
Beta (Volatility)0.72
52 Week Range$144.14 - $307.94
LowCurrent: $277.84High

Insider Sentiment Index (Last 6 Months)

Counts and listings exclude stock awards, gifts, and option exercises—open-market purchases and sales only.

Buy vs Sell (Count)

Insider Buys: 0Insider Sells: 10

Whale Trades (C-Level Large Buys)

No major insider buying detected recently.

Recent Insider Transactions

DateNamePositionTransactionShares
9/1/2026CHUNG PAUL WDirectorSale at price 295.38 - 297.00 per share.1,816
8/25/2026CRISP CHARLES RICHARDDirectorSale at price 290.23 per share.3,000
8/21/2026DAVIS WATERS S IVDirectorSale at price 296.39 - 303.81 per share.2,400
5/12/2026CRISP CHARLES RICHARDDirectorSale at price 255.96 per share.10,602
3/5/2026MURARO ROBERT MOfficerSale at price 241.34 per share.24,589
3/2/2026BRANSTETTER BENJAMIN JAMESOfficerSale at price 238.83 - 238.99 per share.3,258
3/2/2026MCDONIE PATRICK JOfficerSale at price 239.33 - 240.25 per share.31,537
2/26/2026COOKSEN LINDSEY MDirectorSale at price 231.72 per share.435
2/25/2026PRYOR DOUGLAS SCOTTOfficerSale at price 227.28 - 230.10 per share.17,500
2/24/2026CRISP CHARLES RICHARDDirectorSale at price 229.30 per share.1,359

Frequently Asked Questions

Q. What is the current target price and upside for TRGP?

A. The current target price for Targa Resources, Inc. is $325.14, which implies a 17.0% upside from the current price of $277.84. This is based on the consensus of 21 Wall Street analysts.

Q. What is the current analyst recommendation for TRGP?

A. Currently, there are 6 Strong Buy, 15 Buy, 1 Hold, 0 Sell, and 0 Strong Sell ratings. The overall consensus is STRONG BUY.

Q. Are insiders buying TRGP stock recently?

A. Over the past 6 months, there have been 0 insider buys and 10 insider sells. Insider selling is more prominent recently.

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