Venture Global (NYSE:VG) Coverage Initiated by Analysts at Wells Fargo & Company

Equities researchers at Wells Fargo & Company initiated coverage on shares of Venture Global (NYSE:VG) in a report issued on Tuesday,Briefing.com Automated Import reports. The brokerage set an “equal weight” rating and a $18.00 price target on the stock. Wells Fargo & Company‘s price target indicates a potential upside of 12.99% from the stock’s previous close.

Other analysts also recently issued research reports about the stock. Mizuho began coverage on shares of Venture Global in a report on Tuesday. They issued an “outperform” rating and a $25.00 target price for the company. StockNews.com started coverage on Venture Global in a research note on Tuesday, February 11th. They issued a “sell” rating for the company. Royal Bank of Canada assumed coverage on Venture Global in a report on Tuesday. They issued an “outperform” rating and a $20.00 price objective on the stock. Scotiabank assumed coverage on Venture Global in a report on Tuesday. They set a “sector perform” rating and a $17.00 target price for the company. Finally, Citigroup assumed coverage on shares of Venture Global in a research note on Tuesday. They set a “neutral” rating and a $18.00 price target on the stock. One research analyst has rated the stock with a sell rating, four have given a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $21.91.

Venture Global Trading Up 4.2 %

Shares of VG stock opened at $15.93 on Tuesday. Venture Global has a 1-year low of $14.75 and a 1-year 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.