Analysts’ Weekly Ratings Updates for Targa Resources (TRGP)

by · The Cerbat Gem

Targa Resources (NYSE: TRGP) recently received a number of ratings updates from brokerages and research firms:

  • 12/2/2025 – Targa Resources had its “buy” rating reaffirmed by analysts at UBS Group AG.
  • 11/18/2025 – Targa Resources had its price target raised by analysts at Royal Bank Of Canada from $208.00 to $213.00. They now have an “outperform” rating on the stock.
  • 11/13/2025 – Targa Resources had its price target lowered by analysts at Scotiabank from $199.00 to $198.00. They now have a “sector outperform” rating on the stock.
  • 11/13/2025 – Targa Resources had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $189.00 to $188.00. They now have a “buy” rating on the stock.
  • 11/12/2025 – Targa Resources had its price target raised by analysts at Morgan Stanley from $240.00 to $261.00. They now have an “overweight” rating on the stock.
  • 11/8/2025 – Targa Resources was downgraded by analysts at Wall Street Zen from a “buy” rating to a “hold” rating.
  • 11/6/2025 – Targa Resources was given a new $213.00 price target on by analysts at Stifel Nicolaus.
  • 11/6/2025 – Targa Resources had its price target raised by analysts at BMO Capital Markets from $185.00 to $196.00. They now have an “outperform” rating on the stock.
  • 10/8/2025 – Targa Resources had its “buy (b-)” rating reaffirmed by analysts at Weiss Ratings.
  • 10/7/2025 – Targa Resources had its price target raised by analysts at JPMorgan Chase & Co. from $214.00 to $215.00. They now have an “overweight” rating on the stock.

Targa Resources Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, November 17th. Investors of record on Friday, October 31st were given a dividend of $1.00 per share. The ex-dividend date was Friday, October 31st. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.3%. Targa Resources’s dividend payout ratio (DPR) is 53.19%.

Insiders Place Their Bets

In other news, insider D. Scott Pryor sold 20,000 shares of the firm’s stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $172.21, for a total transaction of $3,444,200.00. Following the completion of the sale, the insider owned 22,139 shares of the company’s stock, valued at approximately $3,812,557.19. This trade represents a 47.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 1.34% of the company’s stock.

Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of complementary domestic midstream infrastructure assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company is involved in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, storing, terminaling, purchasing, and selling crude oil.

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