Kosmos Energy Ltd. (NYSE:KOS) Receives $5.50 Consensus PT from Brokerages

Kosmos Energy Ltd. (NYSE:KOS) has been given an average rating of “Moderate Buy” by the five analysts that are covering the company, MarketBeat reports. Two analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $5.52.

A number of equities research analysts have weighed in on the stock. Jefferies Financial Group restated a “buy” rating and issued a $5.60 price objective on shares of Kosmos Energy in a report on Wednesday. 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. StockNews.com upgraded shares of Kosmos Energy from a “sell” rating to a “hold” rating in a report on Friday, December 6th. Bank of America cut their price objective on shares of Kosmos Energy from $8.15 to $7.00 and set a “buy” rating on the stock in a report on Wednesday, September 25th. Finally, Mizuho dropped their price target on Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating on the stock in a research note on Monday, December 16th.

Institutional Investors Weigh In On Kosmos Energy

Hedge funds and other institutional investors have recently modified their holdings of the stock. Rothschild Investment LLC bought a new stake in Kosmos Energy during the second quarter valued at about $26,000. CWM LLC grew its holdings in Kosmos Energy by 82.2% during the second quarter. CWM LLC now owns 6,579 shares of the oil and gas producer’s stock valued at $36,000 after purchasing an additional 2,969 shares during the period. Point72 Asia Singapore Pte. Ltd. bought a new stake in Kosmos Energy during the third quarter valued at about $28,000. CTC Alternative Strategies Ltd. bought a new stake in Kosmos Energy during the third quarter valued at about $43,000. Finally, Signaturefd LLC grew its holdings in Kosmos Energy by 39,777.8% during the third quarter. Signaturefd LLC now owns 10,767 shares of the oil and gas producer’s stock valued at $43,000 after purchasing an additional 10,740 shares during the period. 95.33% of the stock is currently owned by hedge funds and other institutional investors.

Kosmos Energy Price Performance

KOS stock opened at $3.01 on Tuesday. Kosmos Energy has a 1 year low of $2.62 and a 1 year high of $7.07. The company has a market cap of $1.42 billion, a P/E ratio of 6.84, a PEG ratio of 0.48 and a beta of 2.41. The firm has a 50-day moving average of $3.77 and a 200 day moving average of $4.55. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.75 and a quick ratio of 0.47.

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.