Targa Resources Corp. (TRGP) forecast
Targa Resources Corp. (TRGP) forecast: price $289.15, trailing P/E 28.07, forward P/E 25.55. How to read the street's path.
The live TRGP price is $289.15. Trailing P/E is 28.07 and forward P/E is 25.55. The forecast that matters is the earnings path those ratios imply, not a single target price.
A forward P/E below the trailing P/E means the consensus expects earnings to rise. The reverse means the market is looking at a peak. Neither is a schedule. Analyst targets are useful as a range of models. They are not a contract. Discounted cash flow is the long form: cash flows, a discount rate, and a terminal value you can argue with.
Use this page for the TRGP forecast URL. The prediction page next to it puts the same live inputs in the price-target framing. Both stay in sync with the quote on the main page.
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Questions
What is TRGP's forward P/E?
The latest forward P/E on Stocklytics is 25.55, against a trailing P/E of 28.07 and a price of $289.15.
Is the analyst target the forecast?
It is one forecast. The earnings estimate behind it is the part you can track. The target will be revised after the next report.