Targa Resources, Inc. (TRGP) Stock Analysis
Breakout setup
Energy · Oil & Gas Midstream
Sell if holding. Analyst target reached at $257.50 — A.R:R is negative (-0.7) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Near 52-week high (-1.4% away).
Targa Resources is a leading midstream infrastructure company gathering, processing, and transporting natural gas and NGLs primarily across the Permian Basin, Eagle Ford, Anadarko, and Williston Basin through Gathering & Processing and Logistics & Transportation segments.... Read more
Sell if holding. Analyst target reached at $257.50 — A.R:R is negative (-0.7) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Near 52-week high (-1.4% away). Chart setup: Golden cross, above all MAs, RSI 69, MACD bullish. Score 5.4/10, high confidence.
Passes 5/7 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear). Fails on favorable risk/reward ratio and earnings proximity 6d<=7d. Suitability: moderate.
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- MEDIUMCommodityNGL products10-K Item 1A: 'A reduction in demand for NGL products by the petrochemical, refinery or other industries or by the fuel or export markets...could materially adversely affect our business'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer
Rating Breakdown
2 floor-breakers
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Analyst target reached at $257.50 — A.R:R is negative (-0.7) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Near 52-week high (-1.4% away). Chart setup: Golden cross, above all MAs, RSI 69, MACD bullish. Prior stop was $245.97. Score 5.4/10, high confidence.
Take-profit target: $254.08 (-1.3% upside). Prior stop was $245.97. Stop-loss: $245.97.
Analyst target reached - limited upside remaining; Near 52-week high (-1.4% away); Leverage penalty (D/E 5.5): -1.5.
Targa Resources, Inc. trades at a P/E of 29.5 (forward 21.6). TrendMatrix value score: 6.1/10. Verdict: Sell.
30 analysts cover TRGP with a consensus score of 4.1/5. Average price target: $265.
What does Targa Resources, Inc. do?Targa Resources is a leading midstream infrastructure company gathering, processing, and transporting natural gas and...
Targa Resources is a leading midstream infrastructure company gathering, processing, and transporting natural gas and NGLs primarily across the Permian Basin, Eagle Ford, Anadarko, and Williston Basin through Gathering & Processing and Logistics & Transportation segments. Revenue predominantly fee-based, with some commodity-exposed percent-of-proceeds contracts.