Citigroup Initiates Coverage on Venture Global (NYSE:VG)

Equities researchers at Citigroup started coverage on shares of Venture Global (NYSE:VG) in a research note issued on Tuesday,Benzinga reports. The firm set a “neutral” rating and a $18.00 price target on the stock. Citigroup’s price objective would indicate a potential upside of 12.99% from the stock’s previous close.

A number of other research firms have also commented on VG. StockNews.com began coverage on shares of Venture Global in a research note on Tuesday, February 11th. They set a “sell” rating on the stock. Sanford C. Bernstein began coverage on Venture Global in a research note on Tuesday, February 4th. They issued a “market perform” rating and a $20.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $23.33.

Venture Global Stock Up 4.2 %

Shares of VG opened at $15.93 on Tuesday. Venture Global has a 52-week low of $14.75 and a 52-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.