Kosmos Energy Ltd. (NYSE:KOS) traded down 2.3% on Tuesday . The company traded as low as $5.85 and last traded at $5.86, with a volume of 559,970 shares changing hands. The stock had previously closed at $6.00.

A number of equities research analysts have recently weighed in on the stock. Raymond James Financial Inc. upgraded shares of Kosmos Energy from an “outperform” rating to a “strong-buy” rating and set a $7.00 price target on the stock in a research note on Wednesday, May 11th. Zacks Investment Research upgraded shares of Kosmos Energy from a “hold” rating to a “strong-buy” rating and set a $6.50 price target on the stock in a research note on Tuesday, July 12th. Credit Suisse Group AG restated a “buy” rating on shares of Kosmos Energy in a research note on Tuesday, May 10th. RBC Capital Markets upgraded shares of Kosmos Energy from a “sector perform” rating to an “outperform” rating and raised their price target for the company from $6.00 to $9.00 in a research note on Wednesday. Finally, Royal Bank Of Canada upgraded shares of Kosmos Energy from a “sector perform” rating to an “outperform” rating and raised their price target for the company from $6.00 to $9.00 in a research note on Wednesday. Five equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $7.98.

The firm’s 50 day moving average is $5.73 and its 200-day moving average is $5.58. The company’s market capitalization is $2.32 billion.

Kosmos Energy (NYSE:KOS) last released its quarterly earnings data on Monday, August 8th. The company reported ($0.11) earnings per share (EPS) for the quarter, topping the Zacks’ 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. During the same period in the previous year, the firm earned ($0.20) EPS. The business’s revenue was up 37397.7% compared to the same quarter last year. Equities research analysts expect that Kosmos Energy Ltd. will post ($0.40) earnings per share for the current fiscal year.

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 MarketBeat.com's FREE daily email newsletter.