Brokerages Set Kosmos Energy Ltd. (NYSE:KOS) Price Target at $5.75

Kosmos Energy Ltd. (NYSE:KOS) has been assigned a consensus rating of “Moderate Buy” from the four research firms that are currently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $5.75.

A number of equities research analysts recently issued reports on KOS shares. Benchmark dropped 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. Mizuho began 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. 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 report on Tuesday, November 5th. Bank of America dropped their price target on shares of Kosmos Energy from $8.15 to $7.00 and set a “buy” rating for the company in a research report on Wednesday, September 25th. Finally, StockNews.com upgraded shares of Kosmos Energy from a “sell” rating to a “hold” rating in a research report on Wednesday, November 13th.

Institutional Trading of Kosmos Energy

Several institutional investors and hedge funds have recently bought and sold shares of the business. Rothschild Investment LLC purchased a new stake in shares of Kosmos Energy in the 2nd quarter worth about $26,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Kosmos Energy in the 3rd quarter worth about $28,000. CWM LLC boosted its position in shares of 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 in the last quarter. Signaturefd LLC boosted its position in shares of 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 in the last quarter. Finally, CTC Alternative Strategies Ltd. purchased a new stake in shares of Kosmos Energy in the 3rd quarter worth about $43,000. Hedge funds and other institutional investors own 95.33% of the company’s stock.

Kosmos Energy Price Performance

Shares of NYSE KOS opened at $4.02 on Friday. The firm has a 50-day simple moving average of $4.07 and a 200-day simple moving average of $4.88. The stock has a market capitalization of $1.90 billion, a price-to-earnings ratio of 9.14, a price-to-earnings-growth ratio of 0.51 and a beta of 2.42. The company has a quick ratio of 0.47, a current ratio of 0.75 and a debt-to-equity ratio of 2.25. Kosmos Energy has a 52 week low of $3.49 and a 52 week high of $7.07.

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.