15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 16 firms covering Targa Resources Inc, 14 rate it Buy or better, 2 sit at Hold, and 0 rate it Sell or worse, a strong buy consensus. Targets are tightly clustered, $243.00 to $331.00, so the covering firms are broadly aligned. The average target of $283.86 sits 8% above the current $261.65. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 13 to 14 over recent months. On the fundamentals, the Street sees consensus EPS building from about $2.78 next quarter toward $11.93 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS16 ratings
Strong Buy
Strong Buy00%
Buy1488%
Hold213%
Sell00%
Strong Sell00%
Based on 16 analysts giving stock ratings to Targa Resources Inc.
As of Jul, 14 of 16 firms rate TRGP a Buy (2 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
TRGP EPS & revenue forecast
EPS · NEXT QUARTER
$2.78
Range $2.66 – $2.89 · 4 analysts · +15% YoY
Next period, 4 analysts expect Targa Resources Inc to earn $2.78 a share (range $2.66 – $2.89), versus $2.41 a year earlier. Full-year consensus is $11.21, growing to $11.93 the year after.
REVENUE · NEXT QUARTER
$5.0B
Range $4.4B – $5.8B · 4 analysts · +20% YoY
Revenue is expected to reach $5.0B (range $4.4B – $5.8B), +20.5% year-over-year. Full-year consensus is $20.1B, rising to $23.0B next year.
Top analysts covering Targa Resources Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on TRGP.
#1
Selman Akyol
Stifel · Rank #23
Buy
$268.00+2.4% to target
Overall win rate
57%
+ Follow
#2
Gabriel Moreen
Mizuho · Rank #76
Buy
$300.00+14.7% to target
Overall win rate
46%
+ Follow
#3
John Mackay
Goldman Sachs · Rank #81
Buy
$298.00+13.9% to target
Overall win rate
51%
+ Follow
#4
JT
Jeremy Tonet
JP Morgan · Rank #89
Buy
$315.00+20.4% to target
Overall win rate
45%
+ Follow
#5
Theresa Chen
Barclays · Rank #106
Buy
$282.00+7.8% to target
Overall win rate
40%
+ Follow
TRGP stock forecast FAQ
What is TRGP's average 12-month price target?+
The 14 analysts with a live target average $283.86 for Targa Resources Inc over the next 12 months, ranging from a $331.00 high to a $243.00 low.
Is TRGP stock a Buy, Sell or Hold right now?+
The current consensus is Strong Buy. Of the 16 analyst ratings, 14 are Buy or Strong Buy, 2 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for TRGP?+
The Street-high target is $331.00 (Morgan Stanley), and the Street-low is $243.00 (Stifel). The average of all 14 active targets is $283.86.
How many Wall Street analysts cover TRGP?+
16 analysts have an active rating on Targa Resources Inc, and 14 firms carry a live 12-month price target.
Who is the most accurate analyst covering TRGP?+
Among analysts who currently cover TRGP, Selman Akyol of Stifel has the strongest overall Quantellect track record (Rank #23). Their current call is Buy with a $268.00 target.
What is Targa Resources Inc's projected EPS for next quarter?+
The consensus estimate is $2.78 per share (range $2.66 – $2.89) across 4 analysts. Full-year EPS is projected at $11.21, rising to $11.93 the following year.
How much revenue is Targa Resources Inc expected to report next quarter?+
Consensus revenue is $5.0B (range $4.4B – $5.8B). Full-year revenue is projected at $20.1B, growing to $23.0B next year.
Have analysts been upgrading or downgrading TRGP lately?+
As of Jul, 14 of 16 firms rate TRGP a Buy (2 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their TRGP calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
