| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
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| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
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Providing a diverse range of perspectives from bullish to bearish, 10 analysts have published ratings on Targa Resources (NYSE:TRGP) in the last three months.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 10 | 0 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 1 | 0 | 0 | 0 |
| 2M Ago | 0 | 3 | 0 | 0 | 0 |
| 3M Ago | 0 | 5 | 0 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Targa Resources, presenting an average target of $202.4, a high estimate of $209.00, and a low estimate of $185.00. Witnessing a positive shift, the current average has risen by 2.57% from the previous average price target of $197.33.
The standing of Targa Resources among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Ameet Thakkar | BMO Capital | Announces | Outperform | $185.00 | - |
| Gabriel Moreen | Mizuho | Lowers | Outperform | $207.00 | $212.00 |
| Brandon Bingham | Scotiabank | Raises | Sector Outperform | $204.00 | $201.00 |
| Elvira Scotto | RBC Capital | Raises | Outperform | $208.00 | $205.00 |
| Michael Blum | Wells Fargo | Raises | Overweight | $205.00 | $198.00 |
| Brandon Bingham | Scotiabank | Raises | Sector Outperform | $201.00 | $197.00 |
| Elvira Scotto | RBC Capital | Maintains | Outperform | $205.00 | $205.00 |
| Theresa Chen | Barclays | Raises | Overweight | $195.00 | $178.00 |
| Jeremy Tonet | JP Morgan | Raises | Overweight | $209.00 | $189.00 |
| Elvira Scotto | RBC Capital | Raises | Outperform | $205.00 | $191.00 |
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Targa Resources's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on Targa Resources analyst ratings.
Targa Resources is a midstream firm that primarily operates gathering and processing assets with substantial positions in the Permian, Stack, Scoop, and Bakken plays. It has fractionation capacity at Mont Belvieu and operates a liquefied petroleum gas export terminal. The Grand Prix natural gas liquids pipeline is another important asset.
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Positive Revenue Trend: Examining Targa Resources's financials over 3M reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 19.6% as of 30 June, 2025, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Energy sector.
Net Margin: Targa Resources's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 14.77%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Targa Resources's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 24.97%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 2.72%, the company showcases effective utilization of assets.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 6.51, caution is advised due to increased financial risk.
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
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