Kosmos Energy Ltd. (NYSE:KOS) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Kosmos Energy Ltd. (NYSE:KOS) have been given a consensus recommendation of “Moderate Buy” by the four brokerages that are presently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $5.50.

A number of research analysts have commented on the company. Bank of America decreased their price objective on Kosmos Energy from $8.15 to $7.00 and set a “buy” rating on the stock in a research report on Wednesday, September 25th. Mizuho lowered their price objective on Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating for the company in a research report on Monday. Benchmark cut their target price on shares of Kosmos Energy from $8.00 to $7.00 and set a “buy” rating on the stock in a research report on Tuesday, November 5th. StockNews.com upgraded shares of Kosmos Energy from a “sell” rating to a “hold” rating in a research report on Friday, December 6th. Finally, Sanford C. Bernstein dropped their price target on shares of Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating for the company in a research note on Tuesday, November 5th.

Institutional Trading of Kosmos Energy

Institutional investors and hedge funds have recently modified their holdings of the stock. Rothschild Investment LLC bought a new stake in Kosmos Energy in the second quarter valued at approximately $26,000. CWM LLC raised its stake in Kosmos Energy by 82.2% during 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 period. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Kosmos Energy during the 3rd quarter worth $28,000. CTC Alternative Strategies Ltd. bought a new position in Kosmos Energy during the third quarter worth about $43,000. Finally, Signaturefd LLC grew its stake in Kosmos Energy by 39,777.8% in the third quarter. Signaturefd LLC now owns 10,767 shares of the oil and gas producer’s stock valued at $43,000 after acquiring an additional 10,740 shares during the period. 95.33% of the stock is owned by institutional investors.

Kosmos Energy Price Performance

KOS opened at $2.71 on Tuesday. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.75 and a quick ratio of 0.47. The company’s 50 day simple moving average is $3.87 and its 200-day simple moving average is $4.61. Kosmos Energy has a one year low of $2.62 and a one year high of $7.07. The stock has a market capitalization of $1.28 billion, a P/E ratio of 6.16, a price-to-earnings-growth ratio of 0.48 and a beta of 2.41.

Kosmos Energy Company Profile

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.