Venture Global (NYSE:VG) Earns Buy Rating from Analysts at Bank of America

Analysts at Bank of America initiated coverage on shares of Venture Global (NYSE:VG) in a research note issued to investors on Tuesday, Marketbeat.com reports. The firm set a “buy” rating and a $23.00 price target on the stock. Bank of America‘s target price would suggest a potential upside of 42.86% from the company’s previous close.

Several other equities research analysts have also weighed in on the company. StockNews.com began coverage on Venture Global in a report on Tuesday, February 11th. They issued a “sell” rating for the company. JPMorgan Chase & Co. started coverage on Venture Global in a report on Tuesday. They issued an “overweight” rating and a $25.00 target price for the company. Citigroup started coverage on Venture Global in a report on Tuesday. They set a “neutral” rating and a $18.00 price target for the company. Finally, Sanford C. Bernstein started coverage on Venture Global in a report on Tuesday, February 4th. They set a “market perform” rating and a $20.00 price target for the company. Five investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, Venture Global presently has an average rating of “Moderate Buy” and a consensus target price of $21.91.

Venture Global Trading Down 4.9 %

VG opened at $16.10 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.