Analysts Set Venture Global, Inc. (NYSE:VG) Price Target at $23.33

Shares of Venture Global, Inc. (NYSE:VG) have received an average recommendation of “Moderate Buy” from the eleven analysts that are presently covering the company, MarketBeat reports. Four equities research analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $21.91.

Several brokerages have weighed in on VG. The Goldman Sachs Group began coverage on Venture Global in a research report on Tuesday. They issued a “buy” rating and a $29.00 target price for the company. Deutsche Bank Aktiengesellschaft assumed coverage on Venture Global in a report on Tuesday. They set a “buy” rating and a $19.00 target price for the company. Wells Fargo & Company assumed coverage on shares of Venture Global in a report on Tuesday. They issued an “equal weight” rating and a $18.00 price target on the stock. Citigroup assumed coverage on Venture Global in a report on Tuesday. They issued a “neutral” rating and a $18.00 price target on the stock. Finally, Guggenheim started coverage on Venture Global in a report on Tuesday. They set a “buy” rating and a $27.00 price objective for the company.

Venture Global Trading Up 3.2 %

VG opened at $16.63 on Tuesday. 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.