Kosmos Energy Ltd. (NYSE:KOS)’s share price rose 6.3% during mid-day trading on Wednesday . The stock traded as high as $6.61 and last traded at $6.27, with a volume of 2,271,552 shares. The stock had previously closed at $5.90.

KOS has been the subject of several analyst reports. Royal Bank Of Canada upgraded Kosmos Energy from a “sector perform” rating to an “outperform” rating and boosted their price objective for the stock from $6.00 to $9.00 in a research report on Wednesday. Credit Suisse Group AG reiterated a “buy” rating on shares of Kosmos Energy in a research report on Tuesday, May 10th. RBC Capital Markets upgraded Kosmos Energy from a “sector perform” rating to an “outperform” rating and boosted their price objective for the stock from $6.00 to $9.00 in a research report on Wednesday. Raymond James Financial Inc. upgraded 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. Finally, Zacks Investment Research downgraded 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. Five equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $7.98.

The firm has a 50 day moving average price of $5.72 and a 200-day moving average price of $5.58. The stock’s market capitalization is $2.34 billion.

Kosmos Energy (NYSE:KOS) last released its quarterly earnings results on Monday, August 8th. The company reported ($0.11) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.13) by $0.02. The company had revenue of $45.68 million for the quarter, compared to the consensus estimate of $121.81 million. Kosmos Energy’s revenue for the quarter was up 37397.7% compared to the same quarter last year. During the same period last year, the company earned ($0.20) earnings per share. Analysts predict that Kosmos Energy Ltd. will post ($0.40) EPS 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.