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

Shares of Kosmos Energy Ltd. (NYSE:KOS) have earned an average recommendation of “Moderate Buy” from the four analysts that are presently covering the firm, MarketBeat reports. Two analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $5.75.

KOS has been the subject of a number of research analyst reports. Benchmark dropped their price objective on Kosmos Energy from $8.00 to $7.00 and set a “buy” rating for the company in a report on Tuesday, November 5th. Mizuho started coverage on 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 cut their price objective 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. Bank of America decreased their target price on Kosmos Energy from $8.15 to $7.00 and set a “buy” rating for the company in a report on Wednesday, September 25th. Finally, StockNews.com raised shares of Kosmos Energy from a “sell” rating to a “hold” rating in a research report on Monday.

Institutional Investors Weigh In On Kosmos Energy

Several hedge funds have recently modified their holdings of the stock. Rothschild Investment LLC purchased a new stake in Kosmos Energy during the 2nd quarter worth $26,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Kosmos Energy in the third quarter worth about $28,000. CWM LLC lifted its stake 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 worth $36,000 after acquiring an additional 2,969 shares in the last quarter. Signaturefd LLC boosted its holdings in Kosmos Energy by 39,777.8% in 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 last quarter. Finally, CTC Alternative Strategies Ltd. acquired a new stake in Kosmos Energy during the 3rd quarter valued at approximately $43,000. 95.33% of the stock is currently owned by hedge funds and other institutional investors.

Kosmos Energy Price Performance

Kosmos Energy stock opened at $3.84 on Friday. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.47 and a current ratio of 0.75. The company has a market cap of $1.81 billion, a price-to-earnings ratio of 8.75, a PEG ratio of 0.52 and a beta of 2.42. Kosmos Energy has a 1 year low of $3.49 and a 1 year high of $7.07. The firm has a 50 day moving average price of $4.06 and a 200 day moving average price of $4.86.

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.