Kosmos Energy Ltd. (NYSE:KOS) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Kosmos Energy Ltd. (NYSE:KOS) have received a consensus recommendation of “Moderate Buy” from the four research firms that are presently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $5.75.

A number of analysts recently commented on KOS shares. Bank of America dropped their price target on shares of Kosmos Energy from $8.15 to $7.00 and set a “buy” rating on the stock in a research note on Wednesday, September 25th. Sanford C. Bernstein dropped their target price on Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating on the stock in a research report on Tuesday, November 5th. StockNews.com upgraded Kosmos Energy from a “sell” rating to a “hold” rating in a research note on Wednesday, November 13th. Benchmark cut their price target on shares of Kosmos Energy from $8.00 to $7.00 and set a “buy” rating for the company in a report on Tuesday, November 5th. Finally, Mizuho started coverage on shares of Kosmos Energy in a research report on Thursday, September 19th. They set a “neutral” rating and a $5.00 price target for the company.

Institutional Trading of Kosmos Energy

Hedge funds have recently made changes to their positions in the stock. Rothschild Investment LLC bought a new stake in Kosmos Energy during the second quarter worth about $26,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Kosmos Energy during the 3rd quarter valued at about $28,000. CWM LLC lifted its position in Kosmos Energy by 82.2% in the 2nd quarter. CWM LLC now owns 6,579 shares of the oil and gas producer’s stock worth $36,000 after buying an additional 2,969 shares during the last quarter. Signaturefd LLC lifted its position in Kosmos Energy by 39,777.8% in the 3rd quarter. Signaturefd LLC now owns 10,767 shares of the oil and gas producer’s stock worth $43,000 after buying an additional 10,740 shares during the last quarter. Finally, CTC Alternative Strategies Ltd. purchased a new stake in Kosmos Energy in the third quarter worth approximately $43,000. 95.33% of the stock is owned by institutional investors.

Kosmos Energy Price Performance

NYSE KOS opened at $4.00 on Friday. The company has a quick ratio of 0.47, a current ratio of 0.75 and a debt-to-equity ratio of 2.25. The company has a market cap of $1.89 billion, a PE ratio of 9.09, a price-to-earnings-growth ratio of 0.27 and a beta of 2.42. Kosmos Energy has a 52 week low of $3.49 and a 52 week high of $7.07. The firm’s 50-day simple moving average is $4.07 and its two-hundred day simple moving average is $4.91.

About Kosmos Energy

Kosmos Energy Ltd., together with its subsidiaries, engages in the exploration, development, and production of oil and gas along the Atlantic Margins in the United States. The company’s primary assets include production projects located in offshore Ghana, Equatorial Guinea, and the U.S. Gulf of Mexico, as well as gas projects located in offshore Mauritania and Senegal.