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

Shares of Venture Global, Inc. (NYSE:VG) have earned an average rating of “Moderate Buy” from the eleven ratings firms that are presently covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $21.91.

VG has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft initiated coverage on Venture Global in a report on Tuesday, February 18th. They set a “buy” rating and a $19.00 target price on the stock. Bank of America began coverage on Venture Global in a report on Tuesday, February 18th. They issued a “buy” rating and a $23.00 target price on the stock. JPMorgan Chase & Co. assumed coverage on shares of Venture Global in a report on Tuesday, February 18th. They set an “overweight” rating and a $25.00 price target for the company. Citigroup started coverage on shares of Venture Global in a research note on Tuesday, February 18th. They issued a “neutral” rating and a $18.00 price objective on the stock. Finally, Guggenheim started coverage on shares of Venture Global in a research note on Tuesday, February 18th. They set a “buy” rating and a $27.00 target price for the company.

Venture Global Stock Performance

Shares of Venture Global stock opened at $15.24 on Tuesday. Venture Global has a twelve month low of $14.75 and a twelve month high of $25.50.

Venture Global Company Profile

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.