Shares of Kosmos Energy Ltd. (NYSE:KOS) rose 5% on Thursday . The company traded as high as $6.14 and last traded at $6.05, with a volume of 562,615 shares traded. The stock had previously closed at $5.76.

KOS has been the subject of a number of recent research reports. Zacks Investment Research cut Kosmos Energy from a “strong-buy” rating to a “hold” rating and set a $6.25 price objective for the company. in a research report on Thursday, July 21st. Credit Suisse Group AG reaffirmed a “buy” rating on shares of Kosmos Energy in a research report on Tuesday, May 10th. Finally, Raymond James Financial Inc. raised Kosmos Energy from an “outperform” rating to a “strong-buy” rating and set a $7.00 price objective for the company in a research report on Wednesday, May 11th. Six investment analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $7.58.

The stock’s market capitalization is $2.42 billion. The firm’s 50-day moving average is $5.66 and its 200-day moving average is $5.46.

Kosmos Energy (NYSE:KOS) last announced its quarterly earnings data on Monday, August 8th. The company reported ($0.11) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.13) by $0.02. The firm earned $45.68 million during the quarter, compared to the consensus estimate of $121.81 million. The firm’s quarterly revenue was up 37397.7% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.20) earnings per share. On average, analysts predict that Kosmos Energy Ltd. will post ($0.40) earnings per share for the current fiscal year.

A hedge fund recently raised its stake in Kosmos Energy stock. RS Investment Management Co. LLC raised its stake in Kosmos Energy Ltd. (NYSE:KOS) by 66,452.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,367,938 shares of the company’s stock after buying an additional 2,364,380 shares during the period. RS Investment Management Co. LLC owned about 0.62% of Kosmos Energy worth $12,313,000 as of its most recent SEC filing.

Kosmos Energy Ltd. (Kosmos) is a holding company. The Company is an independent oil and gas exploration and production company focused on frontier and emerging areas along the Atlantic Margin. The Company operates in the exploration and production of oil and natural gas segment. The Company’s assets include existing production and development projects offshore Ghana, large discoveries offshore Mauritania and Senegal, as well as exploration licenses with hydrocarbon potential offshore Portugal, Sao Tome and Principe, Suriname, Morocco and Western Sahara.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with's FREE daily email newsletter.