Kosmos Energy Given Average Recommendation of “Buy” by Brokerages (NYSE:KOS)
Kosmos Energy (NYSE:KOS) has earned a consensus recommendation of “Buy” from the thirteen analysts that are currently covering the stock, Analyst Ratings News reports. Six investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $12.71.
Shares of Kosmos Energy (NYSE:KOS) traded up 0.09% on Tuesday, hitting $10.75. The stock had a trading volume of 75,321 shares. Kosmos Energy has a one year low of $9.71 and a one year high of $11.60. The stock’s 50-day moving average is $10. and its 200-day moving average is $10.73. The company’s market cap is $4.062 billion.
Kosmos Energy (NYSE:KOS) last released its earnings data 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.
In other Kosmos Energy news, SVP William S. Hayes unloaded 35,000 shares of the stock on the open market in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $11.17, for a total transaction of $390,950.00. The sale was disclosed in a document filed with the SEC, which is available at this link.
A number of analysts have recently weighed in on KOS shares. Analysts at Zacks upgraded shares of Kosmos Energy from a “neutral” rating to an “outperform” rating in a research note on Monday. They now have a $12.10 price target on the stock. Separately, 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. Finally, 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.
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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