RBC lowers Venture Global price target on arbitration risk

RBC Capital Markets cuts price target on LNG company Venture Global VG.N to $13 from $17; reiterates "outperform" rating

The new price target represents a ~90% upside to the stock's last close

Brokerage cuts PT to reflect slightly lower estimates, unresolved arbitration risk and increased uncertainty around longer‑term LNG pricing and margins

Brokerage says "for the four outstanding arbitrations, VG does not expect arbitration decisions until 2026 at the earliest," adding that the pending cases will remain an overhang on shares

Eight of 15 brokerages rate the stock "buy" or higher and 7 "hold"; median PT is $12- data compiled by LSEG

Up to last close, stock down 71.3% since its NYSE debut in January