Venture Global (NYSE:VG) Coverage Initiated at The Goldman Sachs Group

Investment analysts at The Goldman Sachs Group assumed coverage on shares of Venture Global (NYSE:VG) in a report released on Tuesday, MarketBeat.com reports. The brokerage set a “buy” rating and a $29.00 price target on the stock. The Goldman Sachs Group’s price objective indicates a potential upside of 80.12% from the stock’s current price.

VG has been the subject of a number of other research reports. Bank of America initiated coverage on Venture Global in a report on Tuesday. They set a “buy” rating and a $23.00 target price for the company. JPMorgan Chase & Co. initiated coverage on Venture Global in a report on Tuesday. They set an “overweight” rating and a $25.00 target price for the company. Sanford C. Bernstein initiated coverage on Venture Global in a report on Tuesday, February 4th. They set a “market perform” rating and a $20.00 target price for the company. StockNews.com initiated coverage on Venture Global in a report on Tuesday, February 11th. They set a “sell” rating for the company. Finally, Citigroup assumed coverage on Venture Global in a report on Tuesday. They set a “neutral” rating and a $18.00 target price for the company. Five research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, Venture Global has a consensus rating of “Moderate Buy” and an average price target of $21.91.

Venture Global Stock Down 4.9 %

Shares of Venture Global stock opened at $16.10 on Tuesday. Venture Global has a 52-week low of $14.75 and a 52-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.