Targa Resources price target raised to $315 from $291 at JPMorgan
JPMorgan raised the firm’s price target on Targa Resources (TRGP) to $315 from $291 and keeps an Overweight rating on the shares.
Fiscal Year: January - December
Targa Resources Corp. (TRGP), listed on the NYSE, has a market capitalization of $59.13B. As of Jul 09, 2026, the stock is trading at $275.49 per share@else an unavailable price , offering investors a clear view of its current market value. Targa Resources Corp. is a prominent player in the industry sector, attracting both institutional and retail investors due to its performance and potential.
With a P/E ratio of 28.1, investors can assess the stock's valuation in comparison to its earnings. A P/E ratio is a crucial indicator for value investors, showing whether the stock is over or undervalued relative to its current earnings. Targa Resources Corp. also offers a dividend yield of 1.82%, making it an attractive option for income-focused investors who seek regular dividends.
DCF analysis data is not yet available for Targa Resources Corp. (TRGP). The fair value estimate will be displayed once sufficient analyst forecast data is collected.
The proprietary SS Score for Targa Resources Corp. is a unique metric that analyzes the company's financial health and growth potential. The score takes into account critical factors such as revenue growth, net income, free cash flow (FCF) compound annual growth rate (CAGR), the trend of shares outstanding, and the debt-to-FCF ratio. This helps investors to make a more informed decision, as an undervalued stock might still have poor financial fundamentals.
To view the detailed SS Score for Targa Resources Corp., Login or Upgrade for access.
The Price to Free Cash Flow (P/FCF) ratio for Targa Resources Corp. is 227.72, offering insights into how much investors are paying for the company's free cash flow. A lower P/FCF ratio typically suggests that the stock is undervalued, while a higher ratio may indicate overvaluation.
In summary, Targa Resources Corp. (TRGP) has shown consistent financial performance, as illustrated by the financial charts above, which track its revenue growth, net income, free cash flow, and shares outstanding over the past several years. These metrics provide investors with key insights into the company's past and projected future performance. Investors should use the SS Score alongside the DCF Fair Value to make better-informed decisions about whether to buy or hold the stock.
*This analysis is for informational purposes only and does not constitute investment advice. Always read the company's 10-K filings and do your own research before making any investment decisions.
Whether Targa Resources Corp. (TRGP) is a good stock to buy depends on various factors, including its financial health, market conditions, and your investment strategy. It is important to assess the SS Score and review the company's fundamentals before making any investment decisions.
The fair value of Targa Resources Corp. (TRGP) is determined through our Discounted Cash Flow (DCF) analysis. This value represents the intrinsic worth of the stock based on its expected future cash flows. To view the specific fair value, consider subscribing to our service for complete access.
The SS Score is a proprietary financial quality metric that assesses factors such as revenue growth, net income, free cash flow growth, and debt levels. It helps investors evaluate the overall financial health of Targa Resources Corp.. To access the full SS Score, consider upgrading your subscription.
Targa Resources Corp. is a significant player in the industry sector, with a market capitalization of $59.13B and a competitive P/E ratio of 28.1. Investors should compare these metrics with industry peers to gauge whether Targa Resources Corp. is outperforming or underperforming within its sector.
JPMorgan raised the firm’s price target on Targa Resources (TRGP) to $315 from $291 and keeps an Overweight rating on the shares.
The energy infrastructure sector includes a range of different business models, from gathering systems at the wellhead to long-haul pipelines and export facilities. Comparing midstream companies witho...
Erste Group analyst Hans Engel initiated coverage of Targa Resources (TRGP) with a Buy rating. The company’s business model is largely independent of energy prices, the analyst tells investors in…
Barclays raised the firm’s price target on Targa Resources (TRGP) to $270 from $262 and keeps an Overweight rating on the shares. The firm adjusted estimates in the midstream and…
Jefferies initiated coverage of Targa Resources (TRGP) with a Buy rating and $314 price target The firm has conviction that Targa will sustain its premium growth through FY30, noting that…
North American natural gas demand is poised for a historic increase driven by growth in liquefied natural gas (LNG) exports and the demand for power, which includes data centers. This backdrop is driv...
Citi raised the firm’s price target on Targa Resources (TRGP) to $303 from $262 and keeps a Buy rating on the shares. The firm upped the company’s EBITDA estimates to…
Mizuho analyst Gabriel Moreen raised the firm’s price target on Targa Resources (TRGP) to $300 from $260 and keeps an Outperform rating on the shares. Targa continues to see upward…
BofA raised the firm’s price target on Targa Resources (TRGP) to $300 from $253 and keeps a Buy rating on the shares. Results from the midstream group came in “broadly…
Key Takeaways: On a year-over-year basis, 96.0% of the Alerian Midstream Energy Index (AMNA) by weighting have grown their dividends. MLPs largely drove sequential growth in payouts for 1Q26, while mo...
Barclays analyst Theresa Chen raised the firm’s price target on Targa Resources (TRGP) to $262 from $255 and keeps an Overweight rating on the shares. The firm sees an “increasingly…
Scotiabank raised the firm’s price target on Targa Resources (TRGP) to $257 from $249 and keeps an Outperform rating on the shares. The Q1 reporting period showed the capacity, and…
Morgan Stanley raised the firm’s price target on Targa Resources (TRGP) to $331 from $327 and keeps an Overweight rating on the shares.
RBC Capital raised the firm’s price target on Targa Resources (TRGP) to $281 from $270 and keeps an Outperform rating on the shares after its Q1 results and 2026 EBITDA…
Truist raised the firm’s price target on Targa Resources (TRGP) to $289 from $285 and keeps a Buy rating on the shares. The firm states that Cconsistent with company messaging,…
TD Cowen raised the firm’s price target on Targa Resources (TRGP) to $245 from $236 and keeps a Hold rating on the shares. The firm said they beat and raised…
Stifel raised the firm’s price target on Targa Resources (TRGP) to $268 from $243 and keeps a Buy rating on the shares.
Wells Fargo raised the firm’s price target on Targa Resources (TRGP) to $270 from $264 and keeps an Overweight rating on the shares. The firm notes Targa continues to deliver…
Reports Q1 adjusted EBITDA $1.40B vs. $1.18B last year.
2025 adjusted EBITDA was $4.96B.
Pipeline operator Targa Resources forecast current-year adjusted core profit above analysts' expectations on Thursday, helped by higher transport volumes of natural gas liquids through its system.
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