Kosmos Energy Ltd. (KOS) : 6 analysts are covering Kosmos Energy Ltd. (KOS) and their average rating on the stock is 2, which is read as a Buy. 3 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 3 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Kosmos Energy Ltd. (KOS) : The highest short term price target forecast on Kosmos Energy Ltd. (KOS) is $12 and the lowest target price is $6. A total of 7 equity analysts are currently covering the company. The average price of all the analysts is $7.79 with a standard deviation of $2.31.
Kosmos Energy Ltd. (NYSE:KOS): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $5.51 and $5.32 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $5.68. The buying momentum continued till the end and the stock did not give up its gains. It closed at $5.65, notching a gain of 1.25% for the day. The total traded volume was 3,925,588 . The stock had closed at $5.58 on the previous day.
Also, Major Brokerage house, Raymond James upgrades its ratings on Kosmos Energy Ltd. (NYSE:KOS). According to the latest information available, the shares are now rated Strong Buy by the analysts at the agency. Previously, the analysts had a Outperform rating on the shares. The rating by the firm was issued on May 11, 2016. The company shares have dropped -28.83% from its 1 Year high price. On Jul 8, 2015, the shares registered one year high at $8.20 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $5.49 and the 200 Day Moving Average price is recorded at $5.21.
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.