Wells Fargo & Company Initiates Coverage on Venture Global (NYSE:VG)

Wells Fargo & Company began coverage on shares of Venture Global (NYSE:VG) in a research report sent to investors on Tuesday, MarketBeat.com reports. The firm issued an equal weight rating and a $18.00 price target on the stock.

VG has been the topic of a number of other research reports. Scotiabank assumed coverage on Venture Global in a research report on Tuesday. They set a “sector perform” rating and a $17.00 price objective on the stock. Mizuho started coverage on Venture Global in a research report on Tuesday. They set an “outperform” rating and a $25.00 price objective for the company. Bank of America assumed coverage on shares of Venture Global in a report on Tuesday. They issued a “buy” rating and a $23.00 target price on the stock. Guggenheim began coverage on shares of Venture Global in a research note on Tuesday. They issued a “buy” rating and a $27.00 price target for the company. Finally, Citigroup started coverage on shares of Venture Global in a research report on Tuesday. They issued a “neutral” rating and a $18.00 price objective on the stock. Five analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, Venture Global presently has a consensus rating of “Moderate Buy” and a consensus price target of $21.91.

Venture Global Stock Up 3.2 %

Shares of NYSE:VG opened at $16.63 on Tuesday. Venture Global has a 1 year low of $14.75 and a 1 year 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.