TRGP Stock Targa Resources Corp.
US · NYSELast in our picks 2026-10-19 — not in the current list; analysis below is from that screen
Permian gas infrastructure growth, Exxon partnership, and expanding EBITDA create compelling midstream momentum.
Future value: $327.86 (+11.18%) · 6-12 months · analyst consensus
Signal breakdown
- ▸TD Cowen upgraded to Buy; multiple firms raised targets.
- ▸Above 50-day MA (+3.27%)
- ▸Above 200-day MA — long-term uptrend
- ▸Near 52-week high (91.8% of range) — strength
Is TRGP a buy right now?
Trend: TRGP is trading above the 50-day average (+5.57%), RSI 67 — neutral momentum, with a 3-month return of +16.66%.
Valuation & quality: Targa Resources Corp. trades on a trailing P/E of 29.2, forward P/E 25.2, PEG 1.25, price-to-book 17.90; fundamentals show net margin 13.5%, return on equity 70.8%, revenue growth 4.2% year on year.
Analyst consensus: 21 analysts have a mean 12-month price target of $329.81 (+8.1% vs the last close; range $294.00 – $359.00), consensus rating “strong buy”.
Income: trailing dividend yield 1.65%.
Our screen: STRONG BUY (score 5) — Permian gas infrastructure growth, Exxon partnership, and expanding EBITDA create compelling midstream momentum.
Computed from end-of-day data; not personal advice.
12-month price chart
Monthly returns
| Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 | Oct 26 |
|---|---|---|---|---|---|---|---|
| +6.30% | +3.70% | -1.90% | +5.10% | +0.80% | +8.60% | -7.90% | +12.90% |
Fundamentals
Analyst price target
Technical signals
About Targa Resources Corp.
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.
Sector: Energy · Industry: Oil & Gas Midstream · United States · 3,570 employees · Website
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Market data from end-of-day feeds; AI-generated research for educational purposes only — not investment advice.