Targa Resources Corp. (TRGP) is a publicly traded Energy sector company. As of May 20, 2026, TRGP trades at $270.57 with a market cap of $58.96B and a P/E ratio of 27.52. TRGP moved -2.07% today. Year to date, TRGP is +47.88%; over the trailing twelve months it is +67.77%. Its 52-week range spans $144.14 to $277.24. Analyst consensus is strong buy with an average price target of $268.01. Rallies surfaces TRGP's financials, insider trades, hedge fund holdings, congressional trades, analyst ratings, and AI-generated research below.
Targa Resources’ Price Target Raised to $257 as Q1 Revenues Miss by 19.6%: Scotiabank raised Targa Resources’ price target to $257 as Q1 earnings of $2.21 per share and revenues of $4.09 billion missed consensus estimates by 19.6%. It posted Q1 net income of $480 million and adjusted EBITDA of $1.40 billion and lifted its 2026 forecast to $5.70–$5.90 billion on higher Permian volumes and new plants.
| Metric | Value |
|---|---|
| Price | $270.57 |
| Market Cap | $58.96B |
| P/E Ratio | 27.52 |
| EPS | $9.83 |
| Dividend Yield | 1.25% |
| 52-Week High | $277.24 |
| 52-Week Low | $144.14 |
| Volume | 696.64K |
| Avg Volume | 0 |
| Revenue (TTM) | $16.56B |
| Net Income | $2.16B |
| Gross Margin | 41.77% |
15 analysts cover TRGP: 0 strong buy, 13 buy, 2 hold, 0 sell, 0 strong sell. Consensus rating is strong buy. Average price target: $268.01.