Venture Global, Inc. (NYSE:VG – Get Free Report) announced a quarterly dividend on Friday, February 28th, RTT News reports. Investors of record on Monday, March 10th will be given a dividend of 0.0165 per share on Monday, March 31st. This represents a $0.07 dividend on an annualized basis and a yield of 0.44%.
Venture Global Stock Up 8.8 %
VG stock opened at $15.15 on Friday. Venture Global has a one year low of $13.73 and a one year high of $25.50.
Analyst Upgrades and Downgrades
VG has been the subject of several research analyst reports. Royal Bank of Canada assumed 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. Scotiabank started coverage on Venture Global in a report on Tuesday, February 18th. They set a “sector perform” rating and a $17.00 price objective for the company. Bank of America initiated coverage on Venture Global in a research note on Tuesday, February 18th. They set a “buy” rating and a $23.00 target price on the stock. Guggenheim began coverage on Venture Global in a research note on Tuesday, February 18th. They issued a “buy” rating and a $27.00 price target for the company. Finally, Mizuho initiated coverage on Venture Global in a research report on Tuesday, February 18th. They set an “outperform” rating and a $25.00 price objective on the stock. Five analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $21.91.
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.
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