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

Shares of Kosmos Energy Ltd. (NYSE:KOS) have earned an average rating of “Moderate Buy” from the four brokerages that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price target among brokers that have covered the stock in the last year is $8.56.

Several research analysts recently commented on KOS shares. Benchmark reaffirmed a “buy” rating and issued a $8.00 target price on shares of Kosmos Energy in a research report on Tuesday, August 6th. Sanford C. Bernstein reduced their target price on Kosmos Energy from $7.00 to $5.00 and set a “market perform” rating for the company in a research report on Wednesday, July 17th.

Institutional Trading of Kosmos Energy

A number of large investors have recently bought and sold shares of KOS. Rothschild Investment LLC acquired a new stake in shares of Kosmos Energy in the 2nd quarter valued at $26,000. Wetzel Investment Advisors Inc. bought a new position in Kosmos Energy during the 4th quarter valued at about $27,000. CWM LLC boosted its position 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 valued at $36,000 after buying an additional 2,969 shares in the last quarter. TFO Wealth Partners LLC grew its stake in Kosmos Energy by 7,051.9% during the fourth quarter. TFO Wealth Partners LLC now owns 5,793 shares of the oil and gas producer’s stock worth $39,000 after buying an additional 5,712 shares during the last quarter. Finally, Covestor Ltd increased its holdings in shares of Kosmos Energy by 35,360.9% during the first quarter. Covestor Ltd now owns 8,156 shares of the oil and gas producer’s stock worth $48,000 after buying an additional 8,133 shares in the last quarter. 95.33% of the stock is currently owned by institutional investors.

Kosmos Energy Stock Down 2.8 %

KOS opened at $4.86 on Wednesday. Kosmos Energy has a 1-year low of $4.43 and a 1-year high of $8.28. The company has a current ratio of 0.91, a quick ratio of 0.64 and a debt-to-equity ratio of 2.48. The stock has a market capitalization of $2.29 billion, a price-to-earnings ratio of 10.57, a P/E/G ratio of 0.43 and a beta of 2.41. The business has a 50 day moving average of $5.36 and a 200-day moving average of $5.69.

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.