Venture Global, Inc. (NYSE:VG) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Venture Global, Inc. (NYSE:VG) have been given an average recommendation of “Moderate Buy” by the six analysts that are covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $23.33.

A number of research firms have recently commented on VG. Bank of America began coverage on Venture Global in a report on Tuesday. They set a “buy” rating and a $23.00 price target for the company. JPMorgan Chase & Co. initiated coverage on Venture Global in a research report on Tuesday. They set an “overweight” rating and a $25.00 price objective on the stock. The Goldman Sachs Group initiated coverage on Venture Global in a research report on Tuesday. They issued a “buy” rating and a $29.00 target price for the company. StockNews.com assumed coverage on Venture Global in a research report on Tuesday, February 11th. They issued a “sell” rating for the company. Finally, Sanford C. Bernstein initiated coverage on shares of Venture Global in a research report on Tuesday, February 4th. They set a “market perform” rating and a $20.00 target price on the stock.

Venture Global Trading Up 4.2 %

Shares of NYSE VG opened at $15.93 on Tuesday. Venture Global has a fifty-two week low of $14.75 and a fifty-two week high of $25.50.

About Venture Global

Venture Global has fundamentally reshaped the development and construction of liquefied natural gas production, establishing us as a rapidly growing company delivering critical LNG to the world. Our innovative and disruptive approach, which is both scalable and repeatable, allows us to bring LNG to a global market years faster and at a lower cost.