Kosmos Energy Stock Rating Upgraded by Zacks (KOS)
Kosmos Energy (NYSE:KOS) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research report issued to clients and investors on Tuesday, StockRatingsNetwork reports. The firm currently has a $10.70 price objective on the stock. Zacks‘ price objective indicates a potential upside of 2.79% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays Capital reiterated an “overweight” rating on shares of Kosmos Energy (NYSE:KOS) in a research note to investors on Tuesday, August 6th. They now have a $13.00 price target on the stock. Separately, analysts at Howard Weil downgraded shares of Kosmos Energy (NYSE:KOS) from a “sector outperform” rating to a “sector perform” rating in a research note to investors on Tuesday, August 6th. Finally, analysts at Citigroup Inc. downgraded shares of Kosmos Energy (NYSE:KOS) from a “buy” rating to a “neutral” rating in a research note to investors on Tuesday, August 6th. They now have a $12.00 price target on the stock, down previously from $15.00.
Eight analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Kosmos Energy has a consensus rating of “Hold” and an average price target of $12.89.
Kosmos Energy (NYSE:KOS) traded down 0.19% during mid-day trading on Tuesday, hitting $10.39. 293,561 shares of the company’s stock traded hands. Kosmos Energy has a 1-year low of $9.55 and a 1-year high of $13.05. The stock’s 50-day moving average is $10.35 and its 200-day moving average is $10.70. The company’s market cap is $3.923 billion.
Kosmos Energy (NYSE:KOS) last announced its earnings results on Monday, August 5th. The company reported ($0.19) earnings per share for the quarter. The company had revenue of $193.78 million for the quarter, compared to the consensus estimate of $112.67 million.
Kosmos Energy, Ltd. operates as an oil exploration and production company. The Company engages in the exploration, development, and production of oil and natural gas in Africa.
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