Venture Global (NYSE:VG) Hits New 12-Month Low – Should You Sell?

Venture Global, Inc. (NYSE:VGGet Free Report) shares hit a new 52-week low during trading on Thursday . The stock traded as low as $17.76 and last traded at $17.87, with a volume of 3798994 shares changing hands. The stock had previously closed at $19.68.

Analysts Set New Price Targets

VG has been the subject of several research analyst reports. Sanford C. Bernstein started coverage on Venture Global in a research note on Tuesday. They set a “market perform” rating and a $20.00 target price for the company. StockNews.com began coverage on shares of Venture Global in a research note on Monday, February 3rd. They issued a “sell” rating on the stock.

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Venture Global Trading Up 0.4 %

About Venture Global

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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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