Mizuho Has Lowered Expectations for Kosmos Energy (NYSE:KOS) Stock Price

Kosmos Energy (NYSE:KOS) had its target price lowered by stock analysts at Mizuho from $5.00 to $4.00 in a report released on Monday,Benzinga reports. The firm currently has a “neutral” rating on the oil and gas producer’s stock. Mizuho’s target price would suggest a potential upside of 24.22% from the company’s current price.

A number of other research firms have also recently weighed in on KOS. Sanford C. Bernstein cut their price target on Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating on the stock in a report on Tuesday, November 5th. StockNews.com upgraded Kosmos Energy from a “sell” rating to a “hold” rating in a research report on Friday, December 6th. Bank of America lowered their price target 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, Benchmark reduced their price objective 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. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $5.50.

Kosmos Energy Stock Up 18.8 %

Kosmos Energy stock opened at $3.22 on Monday. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.47 and a current ratio of 0.75. Kosmos Energy has a one year low of $2.62 and a one year high of $7.07. The company has a 50-day simple moving average of $3.87 and a 200-day simple moving average of $4.61. The firm has a market capitalization of $1.52 billion, a P/E ratio of 7.34, a P/E/G ratio of 0.48 and a beta of 2.41.

Institutional Investors Weigh In On Kosmos Energy

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Rothschild Investment LLC acquired a new position in shares of Kosmos Energy in the 2nd quarter worth approximately $26,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in Kosmos Energy in the third quarter worth approximately $28,000. CWM LLC increased its holdings in shares of Kosmos Energy by 82.2% in the second quarter. CWM LLC now owns 6,579 shares of the oil and gas producer’s stock valued at $36,000 after buying an additional 2,969 shares in the last quarter. Signaturefd LLC lifted its position in shares of Kosmos Energy by 39,777.8% during the 3rd 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 last quarter. Finally, CTC Alternative Strategies Ltd. bought a new stake in shares of Kosmos Energy during the 3rd quarter worth $43,000. 95.33% of the stock is currently owned by institutional investors.

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.