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Targa Resources Corp
NYSE:TRGP

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Targa Resources Corp
NYSE:TRGP
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Price: 290.325 USD -1.1% Market Closed
Market Cap: $62.3B

Wall St Price Targets

TRGP Price Targets Summary
Targa Resources Corp

Wall Street analysts forecast TRGP stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for TRGP is 312.188 USD with a low forecast of 259.57 USD and a high forecast of 362.25 USD.

Lowest Forecast
Price Target
259.57 USD
11% Downside
Average Forecast
Price Target
312.188 USD
8% Upside
Highest Forecast
Price Target
362.25 USD
25% Upside
Targa Resources Corp Competitors:
Price Targets
QRVO
Qorvo Inc
-8% Downside
RCUS
Arcus Biosciences Inc
32% Upside
DGX
Quest Diagnostics Inc
5% Upside
CHE
Chemed Corp
8% Upside
ATI
Allegheny Technologies Inc
16% Upside

Revenue
Forecast

9% / Year
Past Growth
10% / Year
Estimated Growth
Estimates Accuracy
-2%
Average Miss
9% / Year
Past Growth
10% / Year
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Over the last 13 years, the compound annual growth rate for Revenue has been 9%. The projected CAGR for the next 8 years is 10%.

Gross Profit
Forecast

15% / Year
Past Growth
14% / Year
Estimated Growth
Estimates Accuracy
3%
Average Beat
15% / Year
Past Growth
14% / Year
Estimated Growth
Estimates Accuracy
3%
Average Beat

Over the last 13 years, the compound annual growth rate for Gross Profit has been 15%. The projected CAGR for the next 3 years is 14%.

Operating Income
Forecast

19% / Year
Past Growth
11% / Year
Estimated Growth
Estimates Accuracy
1%
Average Beat
19% / Year
Past Growth
11% / Year
Estimated Growth
Estimates Accuracy
1%
Average Beat

Over the last 13 years, the compound annual growth rate for Operating Income has been 19%. The projected CAGR for the next 8 years is 11%.

Pre-Tax Income
Forecast

22% / Year
Past Growth
19% / Year
Estimated Growth
Estimates Accuracy
1%
Average Beat
22% / Year
Past Growth
19% / Year
Estimated Growth
Estimates Accuracy
1%
Average Beat

Over the last 13 years, the compound annual growth rate for Pre-Tax Income has been 22%. The projected CAGR for the next 3 years is 19%.

Net Income
Forecast

35% / Year
Past Growth
20% / Year
Estimated Growth
Estimates Accuracy
-2%
Average Miss
35% / Year
Past Growth
20% / Year
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Over the last 13 years, the compound annual growth rate for Net Income has been 35%. The projected CAGR for the next 3 years is 20%.

Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What you see on other sites is mostly sourced from sell-side analysts.

What is TRGP's stock price target?
Price Target
312.188 USD

According to Wall Street analysts, the average 1-year price target for TRGP is 312.188 USD with a low forecast of 259.57 USD and a high forecast of 362.25 USD.

What is the Revenue forecast for Targa Resources Corp?
Projected CAGR
10%

Over the last 13 years, the compound annual growth rate for Revenue has been 9%. The projected CAGR for the next 8 years is 10%.

What is the Gross Profit forecast for Targa Resources Corp?
Projected CAGR
14%

Over the last 13 years, the compound annual growth rate for Gross Profit has been 15%. The projected CAGR for the next 3 years is 14%.

What is the Operating Income forecast for Targa Resources Corp?
Projected CAGR
11%

Over the last 13 years, the compound annual growth rate for Operating Income has been 19%. The projected CAGR for the next 8 years is 11%.

What is the Pre-Tax Income forecast for Targa Resources Corp?
Projected CAGR
19%

Over the last 13 years, the compound annual growth rate for Pre-Tax Income has been 22%. The projected CAGR for the next 3 years is 19%.

What is the Net Income forecast for Targa Resources Corp?
Projected CAGR
20%

Over the last 13 years, the compound annual growth rate for Net Income has been 35%. The projected CAGR for the next 3 years is 20%.

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