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

Shares of Kosmos Energy Ltd. (NYSE:KOS) have been given a consensus recommendation of “Moderate Buy” by the five research firms that are presently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is $5.52.

A number of equities research analysts have weighed in on KOS shares. Jefferies Financial Group reiterated a “buy” rating and set a $5.60 price target on shares of Kosmos Energy in a research note on Wednesday, December 18th. Mizuho lowered their target price on shares of Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating on the stock in a research note on Monday, December 16th. StockNews.com upgraded shares of Kosmos Energy from a “sell” rating to a “hold” rating in a research note on Friday, December 6th. 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 report on Wednesday, September 25th. Finally, Sanford C. Bernstein dropped their target price on Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating for the company in a report on Tuesday, November 5th.

Institutional Trading of Kosmos Energy

Several hedge funds have recently modified their holdings of the company. Commonwealth Equity Services LLC increased its holdings in Kosmos Energy by 52.0% during the 2nd quarter. Commonwealth Equity Services LLC now owns 162,650 shares of the oil and gas producer’s stock valued at $901,000 after purchasing an additional 55,664 shares in the last quarter. Rhumbline Advisers increased its stake in shares of Kosmos Energy by 3.0% in the second quarter. Rhumbline Advisers now owns 672,212 shares of the oil and gas producer’s stock valued at $3,724,000 after buying an additional 19,739 shares in the last quarter. Victory Capital Management Inc. raised its holdings in shares of Kosmos Energy by 9.3% in the second quarter. Victory Capital Management Inc. now owns 108,456 shares of the oil and gas producer’s stock valued at $601,000 after buying an additional 9,221 shares during the last quarter. Arizona State Retirement System lifted its position in Kosmos Energy by 4.4% during the 2nd quarter. Arizona State Retirement System now owns 131,999 shares of the oil and gas producer’s stock worth $731,000 after buying an additional 5,545 shares in the last quarter. Finally, American Century Companies Inc. lifted its position in Kosmos Energy by 17.2% during the 2nd quarter. American Century Companies Inc. now owns 24,814,072 shares of the oil and gas producer’s stock worth $137,470,000 after buying an additional 3,636,663 shares in the last quarter. Institutional investors and hedge funds own 95.33% of the company’s stock.

Kosmos Energy Price Performance

Shares of NYSE:KOS opened at $3.69 on Friday. The firm has a market capitalization of $1.74 billion, a PE ratio of 8.39, a PEG ratio of 0.39 and a beta of 2.43. The company has a current ratio of 0.75, a quick ratio of 0.47 and a debt-to-equity ratio of 2.25. Kosmos Energy has a 1-year low of $2.62 and a 1-year high of $6.79. The business’s 50 day moving average is $3.61 and its 200-day moving average is $4.35.

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.