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Kosmos Energy (NYSE:KOS) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research report issued to clients and investors on Monday. They currently have a $12.10 target price on the stock. Zacks‘s price target would suggest a potential upside of 22.59% from the stock’s previous close.

Shares of Kosmos Energy (NYSE:KOS) traded up 1.98% on Monday, hitting $10.065. The stock had a trading volume of 350,521 shares. Kosmos Energy has a 1-year low of $9.24 and a 1-year high of $11.60. The stock’s 50-day moving average is $9.93 and its 200-day moving average is $10.52. The company has a market cap of $3.824 billion and a price-to-earnings ratio of 42.54.

Kosmos Energy (NYSE:KOS) last posted its quarterly earnings results on Monday, August 4th. The company reported $0.15 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.11 by $0.04. The company had revenue of $329.36 million for the quarter, compared to the consensus estimate of $193.78 million. On average, analysts predict that Kosmos Energy will post $0.27 earnings per share for the current fiscal year.

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. Five research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $12.77.

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.

To view Zacks’ full report, visit Zacks’ official website.

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