Kosmos Energy Receives Consensus Rating of “Buy” from Analysts (NYSE:KOS)
Shares of Kosmos Energy (NYSE:KOS) have received a consensus recommendation of “Buy” from the thirteen analysts that are presently covering the company, Analyst Ratings News reports. Six research analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $12.71.
Kosmos Energy (NYSE:KOS) opened at 10.05 on Tuesday. 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 $10.72. The company’s market cap is $3.798 billion.
Kosmos Energy (NYSE:KOS) last issued its quarterly earnings data on Monday, May 5th. The company reported $0.19 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.04 by $0.15.
In other Kosmos Energy news, SVP William S. Hayes sold 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 legal filing with the SEC, which is available at this link.
A number of research firms have recently commented on KOS. Analysts at Zacks upgraded shares of Kosmos Energy from a “neutral” rating to an “outperform” rating in a research note on Monday, July 7th. 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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