At the time of writing, Targa Resources Corp [TRGP] stock is trading at $169.56, up 1.34%. An important factor to consider is whether the stock is rising or falling in short-term value. The TRGP shares have gain 4.33% over the last week, with a monthly amount drifted -2.76%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Targa Resources Corp [NYSE: TRGP] stock has seen the most recent analyst activity on July 07, 2025, when TD Cowen initiated its Hold rating and assigned the stock a price target of $192. Scotiabank initiated its recommendation with a Sector Outperform and recommended $115 as its price target on March 02, 2023. Citigroup started tracking with a Buy rating for this stock on December 09, 2022, and assigned it a price target of $95.
For the past year, the stock price of Targa Resources Corp fluctuated between $122.56 and $218.51. Currently, Wall Street analysts expect the stock to reach $213.5 within the next 12 months. Targa Resources Corp [NYSE: TRGP] shares were valued at $169.56 at the most recent close of the market. An investor can expect a potential return of 25.91% based on the average TRGP price forecast.
Analyzing the TRGP fundamentals
According to Targa Resources Corp [NYSE:TRGP], the company’s sales were 16.88B for trailing twelve months, which represents an 5.55% jump. Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.52 and Total Capital is 0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of6.61.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 167.55 points at the first support level, and at 165.54 for the second support level. However, for the 1st resistance point, the stock is sitting at 170.61, and for the 2nd resistance point, it is at 171.66.
Ratios To Look Out For
It is important to note that Targa Resources Corp [NYSE:TRGP] has a current ratio of 0.65. On the other hand, the Quick Ratio is 0.57, and the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 2.18, the price to book ratio is 15.04 and price to earnings (TTM) ratio is 31.16.
Transactions by insiders
Recent insider trading involved Pryor D. Scott, that happened on May 08 ’25 when 20000.0 shares were sold. Retired Officer, Boushka Julie H. completed a deal on May 08 ’25 to buy 2000.0 shares. Meanwhile, Officer Pryor D. Scott bought 20000.0 shares on May 08 ’25.