Targa Resources Corp banner

Targa Resources Corp
NYSE:TRGP

Watchlist Manager
Targa Resources Corp Logo
Targa Resources Corp
NYSE:TRGP
Watchlist
Price: 280.27 USD 0.76% Market Closed
Market Cap: $60.2B

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 286.64 USD with a low forecast of 247.45 USD and a high forecast of 347.55 USD.

Lowest Forecast
Price Target
247.45 USD
12% Downside
Average Forecast
Price Target
286.64 USD
2% Upside
Highest Forecast
Price Target
347.55 USD
24% Upside
Targa Resources Corp Competitors:
Price Targets
BTU
Peabody Energy Corp
57% Upside
DGX
Quest Diagnostics Inc
8% Upside
INSW
International Seaways Inc
8% Upside
QRVO
Qorvo Inc
15% 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
10% / Year
Estimated Growth
Estimates Accuracy
3%
Average Beat
15% / Year
Past Growth
10% / 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 10%.

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
16% / Year
Estimated Growth
Estimates Accuracy
1%
Average Beat
22% / Year
Past Growth
16% / 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 16%.

Net Income
Forecast

35% / Year
Past Growth
17% / Year
Estimated Growth
Estimates Accuracy
-2%
Average Miss
35% / Year
Past Growth
17% / 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 17%.

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
286.64 USD

According to Wall Street analysts, the average 1-year price target for TRGP is 286.64 USD with a low forecast of 247.45 USD and a high forecast of 347.55 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
10%

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 10%.

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
16%

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 16%.

What is the Net Income forecast for Targa Resources Corp?
Projected CAGR
17%

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 17%.

Back to Top
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett