Brokerages Set Kosmos Energy Ltd. (NYSE:KOS) Target Price at $5.75

Kosmos Energy Ltd. (NYSE:KOS - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the four ratings firms that are currently covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $5.75.

KOS has been the topic of a number of recent research reports. Sanford C. Bernstein cut their target price on shares of Kosmos Energy from $5.00 to $4.00 and set a "market perform" rating on the stock in a report on Tuesday, November 5th. StockNews.com raised shares of Kosmos Energy from a "sell" rating to a "hold" rating in a research note on Wednesday, November 13th. Benchmark decreased their price objective on shares of Kosmos Energy from $8.00 to $7.00 and set a "buy" rating on the stock in a research report on Tuesday, November 5th. Bank of America reduced their target price on shares of Kosmos Energy from $8.15 to $7.00 and set a "buy" rating on the stock in a report on Wednesday, September 25th. Finally, Mizuho began coverage on shares of Kosmos Energy in a report on Thursday, September 19th. They issued a "neutral" rating and a $5.00 target price on the stock.

Kosmos Energy Stock Up 0.5 %

Kosmos Energy stock traded up $0.02 during trading on Friday, reaching $4.02. The stock had a trading volume of 2,513,440 shares, compared to its average volume of 6,932,509. Kosmos Energy has a 52-week low of $3.49 and a 52-week high of $7.07. The business has a 50 day moving average price of $4.07 and a 200 day moving average price of $4.91. The company has a quick ratio of 0.47, a current ratio of 0.75 and a debt-to-equity ratio of 2.25. The stock has a market cap of $1.90 billion, a PE ratio of 9.09, a P/E/G ratio of 0.27 and a beta of 2.42.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Rothschild Investment LLC acquired a new stake in Kosmos Energy in the second quarter valued at approximately $26,000. CWM LLC grew its position in Kosmos Energy by 82.2% in the second quarter. CWM LLC now owns 6,579 shares of the oil and gas producer's stock valued at $36,000 after acquiring an additional 2,969 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Kosmos Energy in the third quarter valued at approximately $28,000. Covestor Ltd boosted its stake in shares of Kosmos Energy by 35,360.9% during the 1st quarter. Covestor Ltd now owns 8,156 shares of the oil and gas producer's stock valued at $48,000 after buying an additional 8,133 shares during the last quarter. Finally, CTC Alternative Strategies Ltd. purchased a new position in shares of Kosmos Energy during the 3rd quarter valued at approximately $43,000. Institutional investors and hedge funds own 95.33% of the company's stock.

About Kosmos Energy

Kosmos Energy Ltd., together with its subsidiaries, engages in the exploration, development, and production of oil and gas along the Atlantic Margins in the United States. The company's primary assets include production projects located in offshore Ghana, Equatorial Guinea, and the U.S. Gulf of Mexico, as well as gas projects located in offshore Mauritania and Senegal.