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Targa Resources Corp. (CH:TAR)
NYSE:TAR
Switzerland Market
TAR
Targa Resources
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Targa Resources (TAR) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

TAR Analyst Ratings

Strong Buy
18Ratings
Strong Buy
16 Buy
2 Hold
0 Sell
Based on 18 analysts giving stock ratings to
Targa
Resources
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

TAR Stock 12 Month Forecast

Average Price Target

$229.94
Based on 18 Wall Street analysts offering 12 month price targets for Targa Resources in the last 3 months. The average price target is $229.94 with a high forecast of $268.64 and a low forecast of $198.84. The average price target represents a ― change from the last price of ―.
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Highest Price Target$268.64Average Price Target$229.94Lowest Price Target$198.84
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Detailed List of Analyst Forecasts​
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Erste Group Analyst forecast on CH:TAR
Hans Engel
Erste Group
Erste Group
―
Buy
―
Initiated
06/25/26
Targa Resources initiated with a Buy at Erste GroupTarga Resources initiated with a Buy at Erste Group
Barclays Analyst forecast on CH:TAR
Theresa Chen
Barclays
Barclays
CHF212.64→CHF219.13
Buy
―
Assigned
06/23/26
Targa Resources price target raised to $270 from $262 at BarclaysTarga Resources price target raised to $270 from $262 at Barclays
Jefferies Analyst forecast on CH:TAR
Julien Dumoulin Smith
Jefferies
Jefferies
CHF254.84
Buy
―
Reiterated
06/23/26
Jefferies Keeps Their Buy Rating on Targa Resources (TRGP)
Morgan Stanley Analyst forecast on CH:TAR
Robert Kad
Morgan Stanley
Morgan Stanley
CHF268.64
Buy
―
Reiterated
06/09/26
Analysts Offer Insights on Energy Companies: Targa Resources (NYSE: TRGP) and Crescent Energy Company Class A (NYSE: CRGY)
Wells Fargo Analyst forecast on CH:TAR
Michael Blum
Wells Fargo
Wells Fargo
CHF219.13
Buy
―
Reiterated
05/29/26
Analysts' Opinions Are Mixed on These Energy Stocks: Targa Resources (NYSE: TRGP) and Atlas Energy Solutions (NYSE: AESI)
Mizuho Securities Analyst forecast on CH:TAR
Gabe Moreen
Mizuho Securities
Mizuho Securities
CHF243.48
Buy
―
Reiterated
05/27/26
Targa Resources price target raised to $300 from $260 at MizuhoTarga Resources price target raised to $300 from $260 at Mizuho
Citi Analyst forecast on CH:TAR
Spiro M. Dounis
Citi
Citi
CHF212.64→CHF245.92
Buy
―
Reiterated
05/27/26
Targa Resources price target raised to $303 from $262 at CitiTarga Resources price target raised to $303 from $262 at Citi
Bank of America Securities Analyst forecast on CH:TAR
Jean Ann Salisbury
Bank of America Securities
Bank of America Securities
CHF205.34→CHF243.48
Buy
―
Reiterated
05/27/26
Targa Resources price target raised to $300 from $253 at BofATarga Resources price target raised to $300 from $253 at BofA
Scotiabank Analyst forecast on CH:TAR
Brandon Bingham
Scotiabank
Scotiabank
CHF202.09→CHF208.58
Buy
―
Reiterated
05/12/26
Targa Resources price target raised to $257 from $249 at ScotiabankTarga Resources price target raised to $257 from $249 at Scotiabank
Truist Financial Analyst forecast on CH:TAR
Gabriel Daoud
Truist Financial
Truist Financial
CHF231.31→CHF234.55
Buy
―
Reiterated
05/12/26
Targa Resources price target raised to $289 from $285 at TruistTarga Resources price target raised to $289 from $285 at Truist
RBC Capital Analyst forecast on CH:TAR
Elvira Scotto
RBC Capital
RBC Capital
CHF219.13→CHF228.06
Buy
―
Reiterated
05/11/26
Analysts Offer Insights on Energy Companies: Diamondback (NASDAQ: FANG), Targa Resources (NYSE: TRGP) and Kodiak Gas Services, Inc. (NYSE: KGS)
TD Cowen Analyst forecast on CH:TAR
Jason Gabelman
TD Cowen
TD Cowen
CHF191.54→CHF198.84
Hold
―
Assigned
05/11/26
Analysts Have Conflicting Sentiments on These Energy Companies: NexGen Energy (NYSE: NXE), Targa Resources (NYSE: TRGP) and Enbridge (NYSE: ENB)
Stifel Nicolaus Analyst forecast on CH:TAR
Selman Akyol
Stifel Nicolaus
Stifel Nicolaus
CHF197.22→CHF217.51
Buy
―
Assigned
05/08/26
Targa Resources price target raised to $268 from $243 at StifelTarga Resources price target raised to $268 from $243 at Stifel
Seaport Global Analyst forecast on CH:TAR
Sunil Sibal
Seaport Global
Seaport Global
―
Hold
―
Downgraded
05/04/26
Targa Resources downgraded to Neutral from Buy at Seaport ResearchTarga Resources downgraded to Neutral from Buy at Seaport Research
Goldman Sachs Analyst forecast on CH:TAR
John Mackay
Goldman Sachs
Goldman Sachs
CHF196.41→CHF217.51
Buy
―
Reiterated
04/20/26
Targa Resources price target raised to $268 from $242 at Goldman SachsTarga Resources price target raised to $268 from $242 at Goldman Sachs
Analyst Type
Any
Any
Human Analysts
Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Erste Group Analyst forecast on CH:TAR
Hans Engel
Erste Group
Erste Group
―
Buy
―
Initiated
06/25/26
Targa Resources initiated with a Buy at Erste GroupTarga Resources initiated with a Buy at Erste Group
Barclays Analyst forecast on CH:TAR
Theresa Chen
Barclays
Barclays
CHF212.64→CHF219.13
Buy
―
Assigned
06/23/26
Targa Resources price target raised to $270 from $262 at BarclaysTarga Resources price target raised to $270 from $262 at Barclays
Jefferies Analyst forecast on CH:TAR
Julien Dumoulin Smith
Jefferies
Jefferies
CHF254.84
Buy
―
Reiterated
06/23/26
Jefferies Keeps Their Buy Rating on Targa Resources (TRGP)
Morgan Stanley Analyst forecast on CH:TAR
Robert Kad
Morgan Stanley
Morgan Stanley
CHF268.64
Buy
―
Reiterated
06/09/26
Analysts Offer Insights on Energy Companies: Targa Resources (NYSE: TRGP) and Crescent Energy Company Class A (NYSE: CRGY)
Wells Fargo Analyst forecast on CH:TAR
Michael Blum
Wells Fargo
Wells Fargo
CHF219.13
Buy
―
Reiterated
05/29/26
Analysts' Opinions Are Mixed on These Energy Stocks: Targa Resources (NYSE: TRGP) and Atlas Energy Solutions (NYSE: AESI)
Mizuho Securities Analyst forecast on CH:TAR
Gabe Moreen
Mizuho Securities
Mizuho Securities
CHF243.48
Buy
―
Reiterated
05/27/26
Targa Resources price target raised to $300 from $260 at MizuhoTarga Resources price target raised to $300 from $260 at Mizuho
Citi Analyst forecast on CH:TAR
Spiro M. Dounis
Citi
Citi
CHF212.64→CHF245.92
Buy
―
Reiterated
05/27/26
Targa Resources price target raised to $303 from $262 at CitiTarga Resources price target raised to $303 from $262 at Citi
Bank of America Securities Analyst forecast on CH:TAR
Jean Ann Salisbury
Bank of America Securities
Bank of America Securities
CHF205.34→CHF243.48
Buy
―
Reiterated
05/27/26
Targa Resources price target raised to $300 from $253 at BofATarga Resources price target raised to $300 from $253 at BofA
Scotiabank Analyst forecast on CH:TAR
Brandon Bingham
Scotiabank
Scotiabank
CHF202.09→CHF208.58
Buy
―
Reiterated
05/12/26
Targa Resources price target raised to $257 from $249 at ScotiabankTarga Resources price target raised to $257 from $249 at Scotiabank
Truist Financial Analyst forecast on CH:TAR
Gabriel Daoud
Truist Financial
Truist Financial
CHF231.31→CHF234.55
Buy
―
Reiterated
05/12/26
Targa Resources price target raised to $289 from $285 at TruistTarga Resources price target raised to $289 from $285 at Truist
RBC Capital Analyst forecast on CH:TAR
Elvira Scotto
RBC Capital
RBC Capital
CHF219.13→CHF228.06
Buy
―
Reiterated
05/11/26
Analysts Offer Insights on Energy Companies: Diamondback (NASDAQ: FANG), Targa Resources (NYSE: TRGP) and Kodiak Gas Services, Inc. (NYSE: KGS)
TD Cowen Analyst forecast on CH:TAR
Jason Gabelman
TD Cowen
TD Cowen
CHF191.54→CHF198.84
Hold
―
Assigned
05/11/26
Analysts Have Conflicting Sentiments on These Energy Companies: NexGen Energy (NYSE: NXE), Targa Resources (NYSE: TRGP) and Enbridge (NYSE: ENB)
Stifel Nicolaus Analyst forecast on CH:TAR
Selman Akyol
Stifel Nicolaus
Stifel Nicolaus
CHF197.22→CHF217.51
Buy
―
Assigned
05/08/26
Targa Resources price target raised to $268 from $243 at StifelTarga Resources price target raised to $268 from $243 at Stifel
Seaport Global Analyst forecast on CH:TAR
Sunil Sibal
Seaport Global
Seaport Global
―
Hold
―
Downgraded
05/04/26
Targa Resources downgraded to Neutral from Buy at Seaport ResearchTarga Resources downgraded to Neutral from Buy at Seaport Research
Goldman Sachs Analyst forecast on CH:TAR
John Mackay
Goldman Sachs
Goldman Sachs
CHF196.41→CHF217.51
Buy
―
Reiterated
04/20/26
Targa Resources price target raised to $268 from $242 at Goldman SachsTarga Resources price target raised to $268 from $242 at Goldman Sachs
Stocks with the Highest Top Analyst Consensus in the Energy Sector
BKVBKV Corporation
KGSKodiak Gas Services, Inc.
TNEYFTamarack Valley Energy
VNOMViper Energy
SUNSunoco
Find stocks in the Energy sector that are highly recommended by Top Performing Analysts.

Best Analysts Covering Targa Resources

3 Months
John MackayGoldman Sachs
Success Rate
17/19 ratings generated profit
89%
Average Return
+14.52%
Copying John Mackay's trades and holding each position for 3 Months would result in 89.47% of your transactions generating a profit, with an average return of +14.52% per trade.
1 Year
Jeremy TonetJ.P. Morgan
Success Rate
24/25 ratings generated profit
96%
Average Return
+50.99%
Copying Jeremy Tonet's trades and holding each position for 1 Year would result in 96.00% of your transactions generating a profit, with an average return of +50.99% per trade.
2 Years
Jeremy TonetJ.P. Morgan
Success Rate
25/25 ratings generated profit
100%
Average Return
+105.29%
Copying Jeremy Tonet's trades and holding each position for 2 Years would result in 100.00% of your transactions generating a profit, with an average return of +105.29% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

TAR Analyst Recommendation Trends

Rating
Feb 26
Mar 26
Apr 26
May 26
Jun 26
Strong Buy
0
0
0
0
0
Buy
19
22
29
30
28
Hold
1
1
1
2
2
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
20
23
30
32
30
In the current month, TAR has received 28 Buy Ratings, 2 Hold Ratings, and 0 Sell Ratings. TAR average Analyst price target in the past 3 months is 229.94.
Each month's total comprises the sum of three months' worth of ratings.

TAR Financial Forecast

TAR Earnings Forecast

Next quarter’s earnings estimate for TAR is $2.22 with a range of $1.97 to $2.57. The previous quarter’s EPS was $1.80. TAR beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 52.17% of the time in the same period. In the last calendar year TAR has Performed in-line its overall industry.
Next quarter’s earnings estimate for TAR is $2.22 with a range of $1.97 to $2.57. The previous quarter’s EPS was $1.80. TAR beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 52.17% of the time in the same period. In the last calendar year TAR has Performed in-line its overall industry.

TAR Sales Forecast

Next quarter’s sales forecast for TAR is $3.89B with a range of $3.34B to $4.58B. The previous quarter’s sales results were $3.51B. TAR beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 53.02% of the time in the same period. In the last calendar year TAR has Performed in-line its overall industry.
Next quarter’s sales forecast for TAR is $3.89B with a range of $3.34B to $4.58B. The previous quarter’s sales results were $3.51B. TAR beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 53.02% of the time in the same period. In the last calendar year TAR has Performed in-line its overall industry.

TAR Stock Forecast FAQ

What is CH:TAR’s average 12-month price target, according to analysts?
Based on analyst ratings, Targa Resources Corp.’s 12-month average price target is 229.94.
    What is CH:TAR’s upside potential, based on the analysts’ average price target?
    Currently there's no upside potential for CH:TAR, based on the analysts’ average price target.
    Can I see which stocks the top-ranking analysts are rating?
    Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
      How can I follow the stock ratings of top Wall Street analysts?
      Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
        Is Targa Resources Corp. a Buy, Sell or Hold?
        Targa Resources Corp. has a consensus rating of Strong Buy, which is based on 16 buy ratings, 2 hold ratings and 0 sell ratings.
          What is Targa Resources Corp.’s share price target?
          The average share price target for Targa Resources Corp. is 229.94. This is based on 18 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
          The highest analyst share price target is $268.64 ,and the lowest forecast is $198.84. The average share price target represents N/A Increase from the current price of N/A.
            What do analysts say about Targa Resources Corp.?
            Targa Resources Corp.’s analyst rating consensus is a Strong Buy. This is based on the ratings of 18 Wall Streets Analysts.
              How can I buy shares of Targa Resources Corp.?
              To buy shares of CH:TAR, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.