August 23, 2025 a 01:01 pm
TRGP: Analysts Ratings - Targa Resources Corp.
Targa Resources Corp. has been a consistent player in the midstream energy sector, boasting robust operations primarily focused on natural gas and NGLs. Over the past months, analysts' ratings have shown strong favorability towards the company, predominantly suggesting a "Buy" stance. The company's diverse operations and strategic assets keep analysts optimistic about its market appraisal.
Historical Stock Grades
The most recent data from August 2025 indicates a strong buy sentiment with 5 analysts rating it as Strong Buy, 15 as Buy, 2 as Hold, and none recommending Sell or Strong Sell. This trend highlights continued confidence among analysts.
| Recommendation | Number | Score |
|---|---|---|
| Strong Buy | 5 | |
| Buy | 15 | |
| Hold | 2 | |
| Sell | 0 | |
| Strong Sell | 0 |
Sentiment Development
Over the prior months, the sentiment has remained predominantly positive with a substantial lean towards "Buy" recommendations.
- The consistent high number of "Buy" ratings indicates strong market confidence in Targa Resources Corp.
- Monthly ratings reveal a slight decrease in "Strong Buy" recommendations from prior months, yet "Buy" sentiment remains robust.
- Remarkably, there was no presence of "Sell" or "Strong Sell" ratings, showcasing an optimistic long-term outlook.
Percentage Trends
A detailed analysis of percentage trends displays a tight clustering of Buy recommendations, generally above 70%. A decrease in "Strong Buy" ratings highlights cautious optimism but maintains a broadly positive outlook.
- In May 2025, a visible shift was seen with a high "Buy" concentration, leading to 15 recommendations.
- The percentage of "Strong Buy" ratings has seen a decline from historical highs, suggesting more reserved enthusiasm from analysts.
- These changes reflect minor adjustments in investor confidence without significant negative sentiment.
Latest Analyst Recommendations
The latest updates feature analysts largely maintaining their previous recommendations, reflecting stability and enduring confidence in the company's performance.
| Date | New Recommendation | Last Recommendation | Publisher |
|---|---|---|---|
| 2025-08-14 | Sector Outperform | Sector Outperform | Scotiabank |
| 2025-08-12 | Outperform | Outperform | RBC Capital |
| 2025-08-08 | Overweight | Overweight | Wells Fargo |
| 2025-07-15 | Sector Outperform | Sector Outperform | Scotiabank |
| 2025-07-15 | Outperform | Outperform | RBC Capital |
Analyst Recommendations with Change of Opinion
Over the past years, there have been notable upgrades, indicating raised confidence in TRGP's future performance. Such upgrades provide insights into the shifting analyst perspectives and generally positive adjustments to valuation expectations.
| Date | New Recommendation | Last Recommendation | Publisher |
|---|---|---|---|
| 2022-03-18 | Buy | Neutral | Mizuho |
| 2022-03-17 | Buy | Neutral | Mizuho |
| 2021-11-15 | Outperform | In Line | Evercore ISI Group |
| 2021-11-14 | Outperform | In Line | Evercore ISI Group |
| 2021-04-14 | Outperform | Peer Perform | Wolfe Research |
Interpretation
The market's sentiment towards Targa Resources Corp. emphasizes strong long-term potential with prevailing "Buy" judgments. Analysts maintain confidence in TRGP's capability to navigate the industry's challenges effectively. The lack of negative ratings demonstrates enduring trust in its operational resilience. While stable, the slight decline in "Strong Buy" recommendations indicates emerging caution. Yet overall market optimism remains unshaken.
Conclusion
Targa Resources Corp. is observed favorably in the analyst community, maintaining majority "Buy" recommendations. The company’s strategic positioning in the midstream energy domain provides a solid foundation, supporting optimistic views despite minor cautionary shifts. This outlook suggests advantageous investment opportunities for those aligned with it. These insights serve as a testament to TRGP's strong operational fundamentals, while minor variations in sentiments evoke a prudent, yet optimistic forecast amid market dynamics.