Kosmos Energy Coverage Initiated by Analysts at BMO Capital Markets (KOS)
BMO Capital Markets assumed coverage on shares of Kosmos Energy (NYSE:KOS) in a research note issued on Tuesday, American Banking and Market News reports. The firm set a “market perform” rating and a $12.00 price target on the stock. BMO Capital Markets’ price target suggests a potential upside of 13.80% from the stock’s previous close.
In other Kosmos Energy news, SVP Paul A. Dailly sold 102,311 shares of the stock in a transaction that occurred on Monday, April 14th. The stock was sold at an average price of $10.51, for a total transaction of $1,075,288.61. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
A number of other firms have also recently commented on KOS. Analysts at Goldman Sachs initiated coverage on shares of Kosmos Energy in a research note on Thursday, January 30th. They set a “buy” rating and a $10.31 price target on the stock. Separately, analysts at Societe Generale cut their price target on shares of Kosmos Energy from $17.00 to $15.00 in a research note on Friday, January 17th. Finally, analysts at Mizuho cut their price target on shares of Kosmos Energy from $14.00 to $13.00 in a research note on Wednesday, January 15th. They now have a “buy” rating on the stock. Seven research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $12.78.
Shares of Kosmos Energy (NYSE:KOS) opened at 10.51 on Tuesday. Kosmos Energy has a 52 week low of $9.71 and a 52 week high of $12.17. The stock’s 50-day moving average is $10.81 and its 200-day moving average is $10.70. The company’s market cap is $3.970 billion.
Kosmos Energy (NYSE:KOS) last posted its quarterly earnings results on Monday, February 24th. The company reported $0.01 EPS for the quarter. The company had revenue of $214.90 million for the quarter, compared to the consensus estimate of $219.80 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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