Brokerages Set Kosmos Energy Ltd. (NYSE:KOS) Price Target at $5.52

Shares of Kosmos Energy Ltd. (NYSE:KOS) have received an average recommendation of “Moderate Buy” from the five ratings firms that are currently covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is $5.52.

Several equities analysts recently commented on the company. Benchmark dropped their target price on Kosmos Energy from $8.00 to $7.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. Mizuho dropped their price objective on Kosmos Energy from $5.00 to $4.00 and set a “neutral” rating on the stock in a report on Monday, December 16th. Jefferies Financial Group reissued a “buy” rating and set a $5.60 target price on shares of Kosmos Energy in a research report on Wednesday, December 18th. StockNews.com raised Kosmos Energy from a “sell” rating to a “hold” rating in a report on Friday, December 6th. Finally, Sanford C. Bernstein cut their price objective 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.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in KOS. Vaughan Nelson Investment Management L.P. boosted its holdings 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 acquiring an additional 1,933,216 shares during the period. American Century Companies Inc. raised its position 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 purchasing an additional 3,636,663 shares during the last quarter. Hotchkis & Wiley Capital Management LLC boosted its stake in 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 purchasing an additional 1,588,990 shares during the period. William Blair Investment Management LLC grew its position in 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 worth $75,460,000 after purchasing an additional 1,624,495 shares during the last quarter. Finally, Geode Capital Management LLC increased its stake in 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. Institutional investors and hedge funds own 95.33% of the company’s stock.

Kosmos Energy Trading Up 2.5 %

Shares of NYSE:KOS opened at $3.71 on Friday. Kosmos Energy has a 52 week low of $2.62 and a 52 week high of $6.58. The company’s 50 day moving average is $3.60 and its two-hundred day moving average is $4.29. The company has a market cap of $1.75 billion, a PE ratio of 8.43, a P/E/G ratio of 0.39 and a beta of 2.43. The company has a current ratio of 0.75, a quick ratio of 0.47 and a debt-to-equity ratio of 2.25.

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.