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

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

A number of other equities research analysts have also weighed in on the stock. Wells Fargo & Company assumed coverage on shares of Venture Global in a report on Tuesday. They set an “equal weight” rating and a $18.00 target price on the stock. Sanford C. Bernstein assumed coverage on Venture Global in a report on Tuesday, February 4th. They issued a “market perform” rating and a $20.00 price objective for the company. Scotiabank initiated coverage on Venture Global in a report on Tuesday. They set a “sector perform” rating and a $17.00 target price on the stock. Mizuho began coverage on Venture Global in a research note on Tuesday. They issued an “outperform” rating and a $25.00 price target for the company. Finally, Deutsche Bank Aktiengesellschaft began coverage on Venture Global in a research report on Tuesday. They set a “buy” rating and a $19.00 price objective for the company. Five research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $21.91.

Venture Global Stock Up 3.2 %

Shares of VG stock opened at $16.63 on Wednesday. Venture Global has a 12 month low of $14.75 and a 12 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.