Goldman Sachs Group reissued their neutral rating on shares of Kosmos Energy (NYSE:KOS) in a research note issued to investors on Thursday morning. Goldman Sachs Group currently has a $9.00 price target on the oil and gas producer’s stock.

Other research analysts have also issued research reports about the company. TheStreet upgraded Kosmos Energy from a d+ rating to a c- rating in a report on Friday, October 6th. Zacks Investment Research upgraded Kosmos Energy from a strong sell rating to a hold rating in a report on Wednesday, September 20th. Sanford C. Bernstein assumed coverage on Kosmos Energy in a report on Wednesday, September 6th. They issued a market perform rating and a $7.00 target price on the stock. Scotiabank upgraded Kosmos Energy from a sector perform rating to a buy rating in a report on Thursday, October 26th. Finally, BNP Paribas assumed coverage on Kosmos Energy in a report on Friday, November 24th. They issued an outperform rating on the stock. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and nine have issued a buy rating to the company. The company presently has an average rating of Hold and an average price target of $9.55.

Kosmos Energy (NYSE:KOS) traded up $0.08 during mid-day trading on Thursday, hitting $6.75. The stock had a trading volume of 3,709,503 shares, compared to its average volume of 2,597,743. Kosmos Energy has a 52 week low of $5.53 and a 52 week high of $8.62. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.39 and a current ratio of 1.66.

Kosmos Energy (NYSE:KOS) last posted its earnings results on Monday, November 6th. The oil and gas producer reported ($0.09) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.06) by ($0.03). Kosmos Energy had a negative net margin of 23.83% and a negative return on equity of 8.88%. The company had revenue of $151.20 million during the quarter, compared to the consensus estimate of $149.10 million. During the same quarter in the prior year, the business earned ($0.09) EPS. The firm’s revenue for the quarter was up 126.9% compared to the same quarter last year. equities research analysts anticipate that Kosmos Energy will post -0.34 EPS for the current fiscal year.

In related news, Director Yves-Louis Darricarrere sold 14,000 shares of Kosmos Energy stock in a transaction on Thursday, November 9th. The stock was sold at an average price of $8.57, for a total transaction of $119,980.00. Following the sale, the director now directly owns 65,191 shares in the company, valued at $558,686.87. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 3.80% of the company’s stock.

Institutional investors have recently modified their holdings of the stock. Quantitative Systematic Strategies LLC bought a new stake in Kosmos Energy during the third quarter worth $118,000. Teacher Retirement System of Texas increased its position in Kosmos Energy by 24.6% in the second quarter. Teacher Retirement System of Texas now owns 19,167 shares of the oil and gas producer’s stock worth $123,000 after buying an additional 3,778 shares during the last quarter. Comerica Bank increased its position in Kosmos Energy by 19.3% in the second quarter. Comerica Bank now owns 22,376 shares of the oil and gas producer’s stock worth $140,000 after buying an additional 3,626 shares during the last quarter. QS Investors LLC increased its position in Kosmos Energy by 192.3% in the second quarter. QS Investors LLC now owns 22,800 shares of the oil and gas producer’s stock worth $146,000 after buying an additional 15,000 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in Kosmos Energy by 51.0% in the third quarter. JPMorgan Chase & Co. now owns 21,144 shares of the oil and gas producer’s stock worth $169,000 after buying an additional 7,144 shares during the last quarter.

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Kosmos Energy Company Profile

Kosmos Energy Ltd. (Kosmos) is an independent oil and gas exploration and production company. The Company is focused on the emerging areas along the Atlantic Margins. Its assets include existing production and development projects offshore Ghana, discoveries and further exploration potential offshore Mauritania and Senegal, as well as exploration licenses with hydrocarbon potential offshore Sao Tome and Principe, Suriname, Morocco and Western Sahara.

Analyst Recommendations for Kosmos Energy (NYSE:KOS)

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