Kosmos Energy (LON:KOS) Price Target Lowered to GBX 630 at Berenberg Bank
Kosmos Energy (LON:KOS) had its price objective decreased by Berenberg Bank from GBX 805 ($10.59) to GBX 630 ($8.29) in a research note published on Tuesday, Digital Look reports. Berenberg Bank currently has a buy rating on the stock.
KOS stock opened at GBX 388.50 ($5.11) on Tuesday. The business’s 50-day moving average price is GBX 499.20 and its two-hundred day moving average price is GBX 489.96. The company has a current ratio of 1.16, a quick ratio of 0.70 and a debt-to-equity ratio of 239.05. The firm has a market cap of $1.56 billion and a PE ratio of 9.55. Kosmos Energy has a 1-year low of GBX 296 ($3.89) and a 1-year high of GBX 581 ($7.64).
The firm also recently declared a dividend, which will be paid on Monday, December 23rd. Shareholders of record on Friday, November 29th will be issued a $0.05 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a dividend yield of 0.67%. Kosmos Energy’s dividend payout ratio (DPR) is currently 0.34%.
Kosmos Energy Ltd. explores for and produces oil and gas in Africa and South America. Its asset portfolio includes production and other development projects in offshore Ghana and Equatorial Guinea; and exploration potential in offshore Mauritania and Senegal, as well as exploration licenses in offshore Cote d'Ivoire, Equatorial Guinea, Morocco, Sao Tome and Principe, and Suriname.
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