Venture Global (NYSE:VG - Free Report) had its price objective trimmed by Scotiabank from $17.00 to $15.00 in a research report sent to investors on Friday morning,Benzinga reports. The brokerage currently has a sector perform rating on the stock.
A number of other research firms have also issued reports on VG. Royal Bank of Canada initiated coverage on shares of Venture Global in a report on Tuesday, February 18th. They set an "outperform" rating and a $20.00 target price for the company. Mizuho started coverage on shares of Venture Global in a report on Tuesday, February 18th. They issued an "outperform" rating and a $25.00 price objective for the company. Guggenheim started coverage on shares of Venture Global in a report on Tuesday, February 18th. They issued a "buy" rating and a $27.00 price objective for the company. JPMorgan Chase & Co. dropped their price objective on shares of Venture Global from $25.00 to $16.00 and set an "overweight" rating for the company in a report on Friday. Finally, StockNews.com lowered shares of Venture Global from a "hold" rating to a "sell" rating in a report on Tuesday. One analyst has rated the stock with a sell rating, four have issued a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $20.91.
Get Our Latest Analysis on Venture Global
Venture Global Stock Up 1.4 %
Shares of Venture Global stock traded up $0.13 during trading hours on Friday, reaching $9.23. 16,700,713 shares of the company's stock were exchanged, compared to its average volume of 9,240,758. Venture Global has a 1 year low of $8.62 and a 1 year high of $25.50.
Venture Global (NYSE:VG - Get Free Report) last released its earnings results on Thursday, March 6th. The company reported $0.33 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.30 by $0.03. The business had revenue of $1.52 billion for the quarter. Equities analysts anticipate that Venture Global will post 0.52 EPS for the current fiscal year.
Venture Global Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 10th will be given a $0.0165 dividend. The ex-dividend date of this dividend is Monday, March 10th. This represents a $0.07 dividend on an annualized basis and a yield of 0.72%.
Venture Global Company Profile
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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.
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