Kosmos Energy Ltd. (KOS) : 3 brokerage houses believe that Kosmos Energy Ltd. (KOS) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 1 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Kosmos Energy Ltd. (KOS). Zacks Investment Research suggests a Hold with a rank of 3. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 6 Wall Street Analysts endorse the stock as a Buy with a rating of 2.17.
Kosmos Energy Ltd. (KOS) has been rated by 6 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $12 and the lowest price target forecast is $7. The average forecast of all the analysts is $8.17 and the expected standard deviation is $2.04.
For the current week, the company shares have a recommendation consensus of Buy. Also, Brokerage firm RBC Capital upgrades its rating on Kosmos Energy Ltd. (NYSE:KOS). The shares have been rated Outperform. Previously, the analysts had a Sector Perform rating on the shares. The rating by the firm was issued on August 31, 2016.
Kosmos Energy Ltd. (NYSE:KOS): The stock opened at $6.27 and touched an intraday high of $6.5325 on Wednesday. During the day, the stock corrected to an intraday low of $6.17, however, the bulls stepped in and pushed the price higher to close in the green at $6.36 with a gain of 1.92% for the day. The total traded volume for the day was 1,569,606. The stock had closed at $6.24 in the previous trading session.
Kosmos Energy Ltd. (Kosmos) is a holding, independent oil and gas exploration and production company focused on frontier and emerging areas along the Atlantic Margin. The Companys operations are conducted through its wholly owned subsidiary, Kosmos Energy, LLC. The Companys assets include existing production and other development projects offshore Ghana, as well as exploration licenses with hydrocarbon potential offshore Ireland, Mauritania, Morocco (including Western Sahara), Senegal and Suriname. The Company has operations in Africa, Europe, South America and Ghana. Its discoveries in Ghana include Jubilee Field, TEN, Mahogany, Teak, Akasa and Wawa. The companys other properties include Ireland, Mauritania, Morocco, Senegal and Suriname.