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

A number of research analysts have recently issued reports on KOS shares. Zacks Investment Research cut shares of Kosmos Energy from a “strong-buy” rating to a “hold” rating and set a $6.25 price objective for the company. in a report on Thursday, July 21st. Credit Suisse Group AG restated a “buy” rating on shares of Kosmos Energy in a report on Tuesday, May 10th. Finally, 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 report on Wednesday, May 11th. Six equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $7.58.

The company’s market cap is $2.40 billion. The firm’s 50-day moving average price is $5.61 and its 200-day moving average price is $5.44.

Kosmos Energy (NYSE:KOS) last issued its quarterly earnings results on Monday, August 8th. The company reported ($0.11) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.13) by $0.02. During the same quarter in the previous year, the business earned ($0.20) earnings per share. The business earned $45.68 million during the quarter, compared to the consensus estimate of $121.81 million. The firm’s revenue was up 37397.7% compared to the same quarter last year. On average, equities analysts anticipate that Kosmos Energy Ltd. will post ($0.40) EPS for the current 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 (SEC). The firm 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 0.62% of Kosmos Energy worth $12,313,000 at the end of the most recent quarter.

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.