Venture Global (NYSE:VG) Now Covered by Wells Fargo & Company

Wells Fargo & Company initiated coverage on shares of Venture Global (NYSE:VG) in a research note published on Tuesday morning, MarketBeat.com reports. The brokerage issued an equal weight rating and a $18.00 target price on the stock.

A number of other research firms have also recently issued reports on VG. The Goldman Sachs Group assumed coverage on Venture Global in a research report on Tuesday. They set a “buy” rating and a $29.00 price objective on the stock. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Venture Global in a research note on Tuesday. They issued a “buy” rating and a $19.00 price objective for the company. Sanford C. Bernstein assumed 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. Scotiabank began coverage on Venture Global in a report on Tuesday. They issued a “sector perform” rating and a $17.00 target price for the company. Finally, JPMorgan Chase & Co. assumed coverage on Venture Global in a research report on Tuesday. They issued an “overweight” rating and a $25.00 price objective on the stock. Five analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, Venture Global presently has an average rating of “Moderate Buy” and a consensus price target of $21.91.

Venture Global Trading Up 6.2 %

Shares of VG opened at $16.95 on Tuesday. Venture Global has a 12 month low of $14.75 and a 12 month 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.