Kosmos Energy’s (KOS) “Buy” Rating Reiterated at Jefferies Financial Group

Kosmos Energy (LON:KOS)‘s stock had its “buy” rating restated by investment analysts at Jefferies Financial Group in a note issued to investors on Tuesday,Digital Look reports. They currently have a GBX 210 price target on the stock. Jefferies Financial Group’s target price suggests a potential upside of 22.09% from the stock’s previous close.

Kosmos Energy Stock Performance

Shares of LON KOS opened at GBX 172 on Tuesday. The firm’s 50-day moving average price is GBX 186.68 and its 200-day moving average price is GBX 177.38. The company has a quick ratio of 0.61, a current ratio of 0.60 and a debt-to-equity ratio of 579.29. The company has a market cap of £1.02 billion, a PE ratio of -1.02, a PEG ratio of 0.10 and a beta of 0.71. Kosmos Energy has a 52-week low of GBX 63 and a 52-week high of GBX 248.

Insider Buying and Selling

In other Kosmos Energy news, insider John Grant sold 735 shares of Kosmos Energy stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of GBX 285, for a total value of £2,094.75. Also, insider Roy Franklin sold 976 shares of Kosmos Energy stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of GBX 285, for a total transaction of £2,781.60. 6.83% of the stock is owned by corporate insiders.

Kosmos Energy Company Profile

Kosmos Energy Ltd., together with its subsidiaries, engages in the exploration, development, and production of oil and gas along the Atlantic Margins in the United States. The company's primary assets include production projects located in offshore Ghana, Equatorial Guinea, and the U.S. Gulf of Mexico, as well as gas projects located in offshore Mauritania and Senegal. It undertakes a proven basin exploration program in Equatorial Guinea and the U.S. Gulf of Mexico. Kosmos Energy Ltd. was founded in 2003 and is headquartered in Dallas, Texas.