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

Shares of Kosmos Energy Ltd. (NYSE:KOS) have received an average rating of “Moderate Buy” from the five ratings firms that are presently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $5.52.

A number of equities research analysts have recently weighed in on KOS shares. Benchmark lowered 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. Sanford C. Bernstein lowered 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 note on Tuesday, November 5th. StockNews.com raised shares of Kosmos Energy from a “sell” rating to a “hold” rating in a research note on Friday, December 6th. Jefferies Financial Group reissued a “buy” rating and issued a $5.60 price target on shares of Kosmos Energy in a research note on Wednesday. Finally, Mizuho lowered their price target on shares of Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating for the company in a research note on Monday, December 16th.

Hedge Funds Weigh In On Kosmos Energy

Hedge funds and other institutional investors have recently modified their holdings of the company. Rothschild Investment LLC bought a new position in shares of Kosmos Energy during the second quarter valued at about $26,000. CWM LLC raised its stake in 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 buying an additional 2,969 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new position in Kosmos Energy in the third quarter worth about $28,000. CTC Alternative Strategies Ltd. bought a new position in Kosmos Energy in the third quarter worth about $43,000. Finally, Signaturefd LLC raised its stake 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 worth $43,000 after buying an additional 10,740 shares in the last quarter. 95.33% of the stock is owned by institutional investors.

Kosmos Energy Stock Performance

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

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.