Kosmos Energy (NYSE:KOS) received a $6.00 price objective from Jefferies Group in a report issued on Friday. The firm presently has a “hold” rating on the oil and gas producer’s stock. Jefferies Group’s price target suggests a potential upside of 8.89% from the company’s previous close. Jefferies Group also issued estimates for Kosmos Energy’s FY2020 earnings at $0.16 EPS, FY2021 earnings at $0.13 EPS and FY2022 earnings at $0.34 EPS.
A number of other research analysts also recently issued reports on KOS. ValuEngine downgraded shares of Kosmos Energy from a “hold” rating to a “sell” rating in a research report on Friday, February 2nd. Royal Bank of Canada downgraded shares of Kosmos Energy from an “outperform” rating to a “sector perform” rating in a research report on Monday, February 5th. Zacks Investment Research raised shares of Kosmos Energy from a “strong sell” rating to a “hold” rating in a research report on Friday, October 27th. Goldman Sachs Group reaffirmed a “neutral” rating and issued a $9.00 price objective on shares of Kosmos Energy in a research report on Thursday, December 14th. Finally, Bank of America raised shares of Kosmos Energy from a “neutral” rating to a “buy” rating in a research report on Wednesday, January 24th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and nine have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $9.36.
Kosmos Energy (NYSE:KOS) traded up $0.14 during midday trading on Friday, reaching $5.51. 4,210,116 shares of the company’s stock were exchanged, compared to its average volume of 2,842,591. The company has a quick ratio of 1.39, a current ratio of 1.66 and a debt-to-equity ratio of 1.07. The stock has a market cap of $2,090.84, a P/E ratio of -13.77 and a beta of 1.56. Kosmos Energy has a 1-year low of $5.22 and a 1-year high of $8.62.
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About Kosmos Energy
Kosmos Energy Ltd. (Kosmos) is an independent oil and gas exploration and production company. The Company is focused on the emerging areas along the Atlantic Margins. Its assets include existing production and development projects offshore Ghana, discoveries and further exploration potential offshore Mauritania and Senegal, as well as exploration licenses with hydrocarbon potential offshore Sao Tome and Principe, Suriname, Morocco and Western Sahara.
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