Venture Global (NYSE:VG) Upgraded to Hold at StockNews.com

Venture Global (NYSE:VG) was upgraded by research analysts at StockNews.com from a “sell” rating to a “hold” rating in a research note issued on Wednesday.

Other research analysts have also recently issued research reports about the company. Sanford C. Bernstein started coverage on Venture Global in a research report on Tuesday, February 4th. They issued a “market perform” rating and a $20.00 target price on the stock. Royal Bank of Canada started coverage on Venture Global in a research report on Tuesday. They issued an “outperform” rating and a $20.00 target price on the stock. Wells Fargo & Company started coverage on Venture Global in a research report on Tuesday. They issued an “equal weight” rating and a $18.00 target price on the stock. Scotiabank started coverage on Venture Global in a research report on Tuesday. They issued a “sector perform” rating and a $17.00 target price on the stock. Finally, Citigroup started coverage on Venture Global in a research report on Tuesday. They issued a “neutral” rating and a $18.00 target price on the stock. Five research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $21.91.

Venture Global Stock Performance

VG stock opened at $16.95 on Wednesday. Venture Global has a fifty-two week low of $14.75 and a fifty-two 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.