Kosmos Energy Ltd. (NYSE:KOS) Receives $5.50 Average Price Target from Brokerages

Shares of Kosmos Energy Ltd. (NYSE:KOS) have received a consensus rating of “Moderate Buy” from the five ratings firms that are currently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $5.52.

Several equities analysts have recently weighed in on KOS shares. Bank of America decreased 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 note on Wednesday, September 25th. Jefferies Financial Group reiterated a “buy” rating and issued a $5.60 target price on shares of Kosmos Energy in a research note on Wednesday. Benchmark decreased their price objective on shares of Kosmos Energy from $8.00 to $7.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. Mizuho decreased their target price on Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating on the stock in a research report on Monday. Finally, StockNews.com upgraded shares of Kosmos Energy from a “sell” rating to a “hold” rating in a research note on Friday, December 6th.

Kosmos Energy Price Performance

Shares of KOS opened at $3.09 on Tuesday. The stock has a 50 day simple moving average of $3.82 and a 200 day simple moving average of $4.58. 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 52-week low of $2.62 and a 52-week high of $7.07. The firm has a market capitalization of $1.46 billion, a PE ratio of 7.02, a P/E/G ratio of 0.48 and a beta of 2.41.

Hedge Funds Weigh In On Kosmos Energy

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. American Century Companies Inc. grew its holdings in Kosmos Energy by 17.2% during the 2nd quarter. American Century Companies Inc. now owns 24,814,072 shares of the oil and gas producer’s stock worth $137,470,000 after acquiring an additional 3,636,663 shares during the period. Bridgewater Associates LP raised its stake in shares of Kosmos Energy by 149.7% in the third quarter. Bridgewater Associates LP now owns 3,280,302 shares of the oil and gas producer’s stock worth $13,220,000 after purchasing an additional 1,966,437 shares during the last quarter. Vaughan Nelson Investment Management L.P. lifted its stake in Kosmos Energy by 7.3% during the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 28,245,415 shares of the oil and gas producer’s stock valued at $113,828,000 after acquiring an additional 1,933,216 shares in the last quarter. Equinox Partners Investment Management LLC raised its holdings in shares of Kosmos Energy by 29.4% in the third quarter. Equinox Partners Investment Management LLC now owns 8,203,501 shares of the oil and gas producer’s stock valued at $33,060,000 after purchasing an additional 1,863,966 shares during the last quarter. Finally, William Blair Investment Management LLC lifted its position in shares of Kosmos Energy by 13.5% during the 2nd quarter. William Blair Investment Management LLC now owns 13,620,854 shares of the oil and gas producer’s stock worth $75,460,000 after buying an additional 1,624,495 shares in the last quarter. 95.33% of the stock is currently owned by institutional investors and hedge funds.

Kosmos Energy Company Profile

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.