Shares of Kosmos Energy Ltd. (NYSE:KOS) have received an average recommendation of “Buy” from the eleven analysts that are covering the company. Three equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among analysts that have covered the stock in the last year is $7.86.

Several analysts have weighed in on KOS shares. RBC Capital Markets raised Kosmos Energy from a “sector perform” rating to an “outperform” rating and lifted their target price for the company from $6.00 to $9.00 in a research note on Wednesday, August 31st. Royal Bank Of Canada raised Kosmos Energy from a “sector perform” rating to an “outperform” rating and boosted their price objective for the stock from $6.00 to $9.00 in a research note on Wednesday, August 31st. Finally, Zacks Investment Research downgraded Kosmos Energy from a “strong-buy” rating to a “hold” rating and set a $6.25 price objective on the stock. in a research note on Thursday, July 21st.

Several institutional investors have recently modified their holdings of the company. Utah Retirement Systems boosted its position in shares of Kosmos Energy by 1.1% in the second quarter. Utah Retirement Systems now owns 28,545 shares of the company’s stock worth $156,000 after buying an additional 300 shares during the last quarter. Amalgamated Bank increased its position in shares of Kosmos Energy by 3.4% in the second quarter. Amalgamated Bank now owns 18,970 shares of the company’s stock worth $106,000 after buying an additional 616 shares in the last quarter. BNP Paribas Arbitrage SA increased its position in shares of Kosmos Energy by 3.9% in the second quarter. BNP Paribas Arbitrage SA now owns 51,265 shares of the company’s stock worth $279,000 after buying an additional 1,921 shares in the last quarter. Teacher Retirement System of Texas increased its position in shares of Kosmos Energy by 26.9% in the second quarter. Teacher Retirement System of Texas now owns 20,837 shares of the company’s stock worth $114,000 after buying an additional 4,415 shares in the last quarter. Finally, BlackRock Investment Management LLC increased its position in shares of Kosmos Energy by 1.1% in the second quarter. BlackRock Investment Management LLC now owns 436,545 shares of the company’s stock worth $2,379,000 after buying an additional 4,544 shares in the last quarter. Institutional investors and hedge funds own 96.44% of the company’s stock.

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Kosmos Energy (NYSE:KOS) traded down 0.934% during trading on Tuesday, reaching $5.835. The company had a trading volume of 643,802 shares. The stock has a 50 day moving average price of $5.89 and a 200 day moving average price of $5.72. Kosmos Energy has a 12 month low of $3.17 and a 12 month high of $8.00. The firm’s market capitalization is $2.25 billion.

Kosmos Energy (NYSE:KOS) last announced its earnings results on Monday, August 8th. The company reported ($0.11) earnings per share for the quarter, beating the consensus estimate of ($0.13) by $0.02. The firm had revenue of $45.68 million for the quarter, compared to the consensus estimate of $121.81 million. Kosmos Energy had a negative return on equity of 2.63% and a negative net margin of 25.56%. The firm’s revenue for the quarter was up 37397.7% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.20) EPS. On average, equities research analysts predict that Kosmos Energy will post ($0.35) earnings per share for the current year.

Kosmos Energy Company Profile

Kosmos Energy Ltd. (Kosmos) is a holding company. The Company is an independent oil and gas exploration and production company focused on frontier and emerging areas along the Atlantic Margin. The Company operates in the exploration and production of oil and natural gas segment. The Company’s assets include existing production and development projects offshore Ghana, large discoveries offshore Mauritania and Senegal, as well as exploration licenses with hydrocarbon potential offshore Portugal, Sao Tome and Principe, Suriname, Morocco and Western Sahara.

5 Day Chart for NYSE:KOS

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