Kosmos Energy (LON:KOS) Price Target Cut to GBX 220 by Analysts at Jefferies Financial Group

Kosmos Energy (LON:KOS) had its price target lowered by Jefferies Financial Group from GBX 270 to GBX 220 in a research note issued to investors on Monday, MarketBeat.com reports. The brokerage currently has a buy rating on the stock.

Kosmos Energy Stock Performance

KOS opened at GBX 113 on Monday. The firm has a market cap of £540.43 million, a P/E ratio of -3.32, a price-to-earnings-growth ratio of 0.10 and a beta of 2.43. Kosmos Energy has a 52-week low of GBX 101 and a 52-week high of GBX 346. The company has a debt-to-equity ratio of 224.91, a quick ratio of 0.61 and a current ratio of 0.75. The business’s fifty day moving average is GBX 128.19 and its 200-day moving average is GBX 136.67.

Kosmos Energy (LON:KOS) last released its earnings results on Monday, August 4th. The company reported GBX (0.42) earnings per share (EPS) for the quarter. Kosmos Energy had a return on equity of 19.64% and a net margin of 12.22%. Sell-side analysts expect that Kosmos Energy will post 76.6519824 EPS for the current fiscal year.

About Kosmos Energy

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.