Should I buy Targa Resources (TRGP) stock or is it too late?

Targa Resources · Energy · price $289

See the full Targa Resources (TRGP) profile

⭐ What the most reliable analysts say · those who beat their sector, targets replayed on real prices

⭐ The most reliable of them, either direction: RBC Capital — 66% of its targets hit on this sector (160 calls tested). It aims for $312 (+8.0 %), call made on August 12, 2026, maturing on August 12, 2027 (16 d ago).

The 6 reliable analysts $314+8.5 %

The 6 other firms $278-4.0 %

How to read it: the 6 reliable firms are not filtered by optimism — 4 aim above the price, 2 below, hence their $314 median. “The 6 others” are the firms that don't pass our reliability filter on this sector.

Firm-by-firm track record on Targa Resources

Here the hit rate is measured <b>on this stock specifically</b> (matured targets replayed against real prices, minimum 5 calls tested) — the green block above measures reliability <b>across the whole sector</b>, which is the criterion behind JPI selections. “Aims for” = the firm's most recent target on this stock; “—” means it hasn't published one recently.

Firm	% right	Gain vs sector	Calls	Aims for
UBS	73 %	+103.6 %	15	$280 -3%
Jefferies	100 %	+74.4 %	6	$345 +19%
Scotiabank	89 %	+45.7 %	9	$257 -11%
RBC Capital	76 %	+41.6 %	17	$312 +8%
Mizuho	83 %	+36.0 %	12	$300 +4%
Seaport Global	43 %	+35.4 %	7	$174 -40%
Truist Securities	75 %	+35.2 %	12	$312 +8%
Goldman Sachs	78 %	+28.8 %	9	$268 -7%

In short — Should you invest in Targa Resources? Is it too late, still worth it? Analysts are overwhelmingly positive (85% buy, median target $292, i.e. +1%), and the most reliable on TRGP targets even higher. But the stock is volatile. We give you both sides, with the numbers — not advice.

✅ Reasons to believe

85% of analysts rate it a buy (Buy consensus, 13 ratings) — a sign of market conviction.
The most reliable firm on TRGP, Jefferies (100% hit rate, 6 scored calls), targets $345 (call made on August 18, 2026, maturing on August 18, 2027) (+19%) in its most recent call, and $314 (call made on June 18, 2026, maturing on June 18, 2027) (+9%) in the one coming due soonest.
Pays a dividend (1.6% yield) — regular income on top of potential upside.

⚠️ Reasons to hesitate

The consensus is not unanimous: of 13 ratings, 2 are neutral.
Limited upside: the median target is only +1% from the current price.
A 12-month target is not a guaranteed path: the price can fall in the meantime.
Volatile stock: sharp swings — including steep drops — are part of its profile.

The analyst consensus on TRGP

Median target $292 (+1%) · 13 ratings · Buy consensus

Strong Buy00%

Buy1185%

Hold215%

Sell00%

Strong Sell00%

⚠️ Information, not investment advice. Past performance does not guarantee future results. Analyst targets on a ~12-month horizon.

Frequently asked questions

Should you invest in Targa Resources now?

We won't decide for you. The facts: 85% of analysts rate it a buy, median target $292 (+1%), and Jefferies (most reliable on TRGP, 100%) targets $345. Weigh that against valuation (P/E ~28) and volatility. This is not personalized advice.

Is it too late to invest in Targa Resources?

The stated upside is small: the median target ($292) sits just +1% from the price ($289) (most reliable on TRGP: Jefferies, 100%). The real question isn't "too late" but the price-to-value gap and risk. Not advice.

Is Targa Resources still worth investing in?

It depends on the gap between the price ($289) and its estimated value: analysts target $292 on median (+1%), with 85% buys (most reliable on TRGP: Jefferies, 100%). Cross-check with their real reliability on TRGP and the cautions above. Information, not advice.

What's the main risk in buying TRGP?

The consensus is not unanimous: of 13 ratings, 2 are neutral.

→ Go deeper: the full Targa Resources profile (consensus, analyst reliability, price target, performance).