Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Targa Resources Corp. before investing.

In this article, we go over a few key elements for understanding Targa Resources Corp.’s stock price such as:

• Targa Resources Corp.’s current stock price and volume
• Why Targa Resources Corp.’s stock price changed recently
• Upgrades and downgrades for TRGP from analysts
• TRGP’s stock price momentum as measured by its relative strength

About Targa Resources Corp. (TRGP)

Before we jump into Targa Resources Corp.’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Targa Resources Corp., together with its subsidiaries, owns, operates, acquires, and develops a portfolio of complementary domestic 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. It is involved in the purchase and resale of NGL products; and sale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, the company offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas. The company also leased and owned railcars, tractors, vacuum trucks and pressurized NGL barges. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.

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Targa Resources Corp.’s Stock Price as of Market Close

As of August 21, 2026, 4:00 PM, CST, Targa Resources Corp.’s stock price was $299.100.

Targa Resources Corp. is down 1.04% from its previous closing price of $302.250.

During the last market session, Targa Resources Corp.’s stock traded between $295.715 and $307.940. Currently, there are approximately 214.60 million shares outstanding for Targa Resources Corp..

Targa Resources Corp.’s price-earnings (P/E) ratio is currently at 28.6, which is high compared to the Oil, Gas & Consumable Fuels industry median of 13. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Targa Resources Corp. Stock Price History

Targa Resources Corp.’s (TRGP) price is currently up 10.63% so far this month.

During the month of August, Targa Resources Corp.’s stock price has reached a high of $307.940 and a low of $255.080.

Over the last year, Targa Resources Corp. has hit prices as high as $307.940 and as low as $144.140. Year to date, Targa Resources Corp.’s stock is up 62.11%.

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What Caused Targa Resources Corp. Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

One of the most common factors that can drastically impact a stock’s price is analyst upgrades and downgrades. When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. However, as of August 21, 2026,, no analysts have changed their rating of Targa Resources Corp.’s stock over the last month.

Additionally, you'll want to evaluate Targa Resources Corp.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Targa Resources Corp.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Targa Resources Corp.’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Targa Resources Corp. (TRGP) by visiting AAII Stock Evaluator.

Relative Price Strength of Targa Resources Corp.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of August 21, 2026, Targa Resources Corp. has a weighted four-quarter relative price strength of 10.55%, which translates to a Momentum Score of 81 and is considered to be Very Strong.

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Targa Resources Corp. Stock Price: Bottom Line

As of August 21, 2026, Targa Resources Corp.’s stock price is $299.100, which is down 1.04% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Targa Resources Corp. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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