Mizuho Cuts Kosmos Energy (NYSE:KOS) Price Target to $4.00

Kosmos Energy (NYSE:KOS - Get Free Report) had its price objective cut by equities research analysts at Mizuho from $5.00 to $4.00 in a research note issued on Monday,Benzinga reports. The brokerage currently has a "neutral" rating on the oil and gas producer's stock. Mizuho's target price would indicate a potential upside of 47.60% from the company's current price.

A number of other brokerages also recently issued reports on KOS. Sanford C. Bernstein lowered their price target on Kosmos Energy from $5.00 to $4.00 and set a "market perform" rating on the stock in a research report on Tuesday, November 5th. Benchmark dropped their price target on shares of Kosmos Energy from $8.00 to $7.00 and set a "buy" rating on the stock in a research note on Tuesday, November 5th. StockNews.com upgraded shares of Kosmos Energy from a "sell" rating to a "hold" rating in a research report on Friday, December 6th. Finally, Bank of America dropped their target price on shares of Kosmos Energy from $8.15 to $7.00 and set a "buy" rating on the stock in a research report on Wednesday, September 25th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to MarketBeat, Kosmos Energy presently has an average rating of "Hold" and a consensus price target of $5.50.

Kosmos Energy Stock Performance

KOS stock traded down $0.30 during midday trading on Monday, hitting $2.71. 35,994,161 shares of the stock traded hands, compared to its average volume of 7,174,722. The stock's fifty day simple moving average is $3.91 and its 200-day simple moving average is $4.63. The firm has a market cap of $1.28 billion, a P/E ratio of 6.05, a PEG ratio of 0.48 and a beta of 2.41. Kosmos Energy has a 1-year low of $2.62 and a 1-year high of $7.07. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.75 and a quick ratio of 0.47.

Institutional Trading of Kosmos Energy

Large investors have recently bought and sold shares of the business. Vaughan Nelson Investment Management L.P. grew its position in shares of Kosmos Energy by 7.3% in the third quarter. Vaughan Nelson Investment Management L.P. now owns 28,245,415 shares of the oil and gas producer's stock valued at $113,828,000 after purchasing an additional 1,933,216 shares in the last quarter. American Century Companies Inc. grew its holdings in Kosmos Energy by 17.2% in the 2nd quarter. American Century Companies Inc. now owns 24,814,072 shares of the oil and gas producer's stock valued at $137,470,000 after buying an additional 3,636,663 shares in the last quarter. Hotchkis & Wiley Capital Management LLC raised its holdings in shares of Kosmos Energy by 8.1% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 21,141,815 shares of the oil and gas producer's stock worth $85,202,000 after acquiring an additional 1,588,990 shares during the period. William Blair Investment Management LLC boosted its position in shares of Kosmos Energy by 13.5% during the 2nd quarter. William Blair Investment Management LLC now owns 13,620,854 shares of the oil and gas producer's stock valued at $75,460,000 after acquiring an additional 1,624,495 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of Kosmos Energy by 0.7% in the third quarter. Geode Capital Management LLC now owns 10,580,979 shares of the oil and gas producer's stock valued at $42,650,000 after purchasing an additional 68,339 shares during the period. Hedge funds and other institutional investors own 95.33% of the company's stock.

Kosmos Energy Company Profile

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.