BMO Capital Sticks to Their Buy Rating for Targa Resources (TRGP)

In a report released today, Ameet Thakkar from BMO Capital maintained a Buy rating on Targa Resources, with a price target of $185.00. The company’s shares closed yesterday at $150.38.

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Thakkar covers the Technology sector, focusing on stocks such as First Solar, Sunrun, and Enphase Energy. According to TipRanks, Thakkar has an average return of -22.6% and a 42.20% success rate on recommended stocks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Targa Resources with a $201.65 average price target, representing a 34.09% upside. In a report released on October 7, Citi also maintained a Buy rating on the stock with a $200.00 price target.

The company has a one-year high of $218.51 and a one-year low of $147.31. Currently, Targa Resources has an average volume of 1.49M.

Based on the recent corporate insider activity of 51 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TRGP in relation to earlier this year. Most recently, in August 2025, D. Scott Pryor, the President – Logistics and Transportation of TRGP sold 20,000.00 shares for a total of $3,307,000.00.