Venture Global, Inc. (NYSE:VG) Receives $23.33 Consensus Target Price from Brokerages

Venture Global, Inc. (NYSE:VG) has been given an average recommendation of “Moderate Buy” by the eleven analysts that are covering the company, MarketBeat reports. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $21.91.

Several equities analysts have commented on VG shares. Royal Bank of Canada began coverage on Venture Global in a research report on Tuesday. They issued an “outperform” rating and a $20.00 target price for the company. The Goldman Sachs Group started coverage on shares of Venture Global in a research note on Tuesday. They set a “buy” rating and a $29.00 target price for the company. StockNews.com raised Venture Global from a “sell” rating to a “hold” rating in a research note on Wednesday. Bank of America assumed coverage on Venture Global in a research note on Tuesday. They issued a “buy” rating and a $23.00 price target on the stock. 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 price objective for the company.

Venture Global Stock Up 3.2 %

VG stock opened at $16.63 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.