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

Shares of Kosmos Energy Ltd. (NYSE:KOS) have been assigned a consensus rating of “Moderate Buy” from the five analysts that are presently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $5.52.

Several equities analysts recently issued reports on the company. Benchmark decreased their price target on Kosmos Energy from $8.00 to $7.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. Mizuho reduced 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 raised shares of Kosmos Energy from a “sell” rating to a “hold” rating in a research note on Friday, December 6th. Sanford C. Bernstein cut their price objective on shares of Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating on the stock in a report on Tuesday, November 5th. Finally, Bank of America lowered their target price on shares of Kosmos Energy from $8.15 to $7.00 and set a “buy” rating for the company in a report on Wednesday, September 25th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Harbor Capital Advisors Inc. increased its stake in Kosmos Energy by 4.0% in the fourth quarter. Harbor Capital Advisors Inc. now owns 1,343,163 shares of the oil and gas producer’s stock valued at $4,594,000 after purchasing an additional 51,699 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Kosmos Energy by 6.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 624,604 shares of the oil and gas producer’s stock valued at $2,517,000 after buying an additional 37,114 shares in the last quarter. Franklin Resources Inc. raised its stake in Kosmos Energy by 3.9% during the 3rd quarter. Franklin Resources Inc. now owns 124,408 shares of the oil and gas producer’s stock worth $531,000 after buying an additional 4,640 shares during the period. Synovus Financial Corp bought a new position in Kosmos Energy during the third quarter worth about $92,000. Finally, Toronto Dominion Bank grew its stake in Kosmos Energy by 28.0% in the third quarter. Toronto Dominion Bank now owns 517,381 shares of the oil and gas producer’s stock valued at $2,085,000 after acquiring an additional 113,088 shares during the period. Institutional investors own 95.33% of the company’s stock.

Kosmos Energy Stock Down 1.6 %

NYSE:KOS opened at $3.69 on Friday. The stock’s fifty day moving average price is $3.61 and its two-hundred day moving average price is $4.35. The company has a market cap of $1.74 billion, a price-to-earnings ratio of 8.39, a P/E/G ratio of 0.39 and a beta of 2.43. Kosmos Energy has a 52-week low of $2.62 and a 52-week high of $6.79. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.47 and a current ratio of 0.75.

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.