Should I buy Targa Resources (TRGP) stock or is it too late?
⭐ The most reliable of them, either direction: RBC Capital — 66% of its targets hit on this sector (161 calls tested). It aims for $338 (+15 %), call made on August 28, 2026, maturing on August 28, 2027 (47 d ago).
Firm-by-firm track record on Targa Resources
| Firm | % right | Gain vs sector | Calls | Aims for |
|---|---|---|---|---|
| UBS | 73 % | +103.6 % | 15 | $280 -4% |
| Jefferies | 100 % | +74.4 % | 6 | $345 +18% |
| Scotiabank | 89 % | +45.7 % | 9 | $314 +7% |
| RBC Capital | 76 % | +41.6 % | 17 | $338 +15% |
| Mizuho | 85 % | +39.1 % | 13 | $320 +9% |
| Seaport Global | 43 % | +35.4 % | 7 | $174 -41% |
| Truist Securities | 75 % | +35.2 % | 12 | $345 +18% |
| Goldman Sachs | 78 % | +28.8 % | 9 | $268 -9% |
✅ Reasons to believe
- 92% of analysts rate it a buy (Buy consensus, 13 ratings) — a sign of market conviction.
- Median price target $324, i.e. +11% from the current price ($293).
- 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) (+18%) in its most recent call, and $314 (call made on June 18, 2026, maturing on June 18, 2027) (+7%) in the one coming due soonest.
- 6 analysts rated reliable (≥55% hit rate, beat their sector) are bullish on the stock.
- Pays a dividend (1.6% yield) — regular income on top of potential upside.
⚠️ Reasons to hesitate
- The consensus is not unanimous: of 13 ratings, 1 is neutral.
- 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 $324 (+11%) · 13 ratings · Buy consensus
⚠️ 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: 92% of analysts rate it a buy, median target $324 (+11%), 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?
Not according to analysts: the median target ($324) is still +11% above the current price ($293) (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 ($293) and its estimated value: analysts target $324 on median (+11%), with 92% 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, 1 is neutral.
→ Go deeper: the full Targa Resources profile (consensus, analyst reliability, price target, performance).