Kosmos Energy Stock Rating Upgraded by Zacks (KOS)
Kosmos Energy (NYSE:KOS) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research note issued to investors on Monday. The firm currently has a $12.10 price target on the stock. Zacks‘s target price would indicate a potential upside of 9.60% from the company’s current price.
Kosmos Energy (NYSE:KOS) traded down 1.90% on Monday, hitting $10.83. The stock had a trading volume of 313,120 shares. Kosmos Energy has a 1-year low of $9.71 and a 1-year high of $11.60. The stock’s 50-day moving average is $10.68 and its 200-day moving average is $10.73. The company’s market cap is $4.092 billion.
Kosmos Energy (NYSE:KOS) last announced its earnings results on Monday, May 5th. The company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.15.
Several other analysts have also recently commented on the stock. Analysts at Global Hunter Securities downgraded shares of Kosmos Energy from an “accumulate” rating to a “neutral” rating in a research note on Tuesday, June 3rd. They now have a $11.00 price target on the stock, down previously from $12.50. Separately, analysts at Guggenheim reiterated a “buy” rating on shares of Kosmos Energy in a research note on Wednesday, May 14th. They now have a $17.00 price target on the stock, down previously from $18.00. Finally, analysts at TheStreet upgraded shares of Kosmos Energy from a “sell” rating to a “hold” rating in a research note on Wednesday, May 7th. Six investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $12.71.
In other Kosmos Energy news, SVP William S. Hayes unloaded 35,000 shares of Kosmos Energy stock on the open market in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $11.17, for a total value of $390,950.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
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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