Kosmos Energy (LON:KOS) Receives “Buy” Rating from Jefferies Financial Group

Kosmos Energy (LON:KOS)‘s stock had its “buy” rating reissued by Jefferies Financial Group in a research report issued on Monday,London Stock Exchange reports. They currently have a GBX 210 price target on the stock. Jefferies Financial Group’s price target points to a potential upside of 35.36% from the stock’s previous close.

Kosmos Energy Stock Performance

Shares of KOS opened at GBX 155.14 on Monday. The company has a debt-to-equity ratio of 579.29, a current ratio of 0.60 and a quick ratio of 0.61. Kosmos Energy has a one year low of GBX 63 and a one year high of GBX 248. The company has a 50-day simple moving average of GBX 205.15 and a two-hundred day simple moving average of GBX 161.92. The firm has a market capitalization of £920.27 million, a PE ratio of -0.92, a price-to-earnings-growth ratio of 0.10 and a beta of 0.71.

Insiders Place Their Bets

In other Kosmos Energy news, insider John Grant sold 735 shares of the stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of GBX 285, for a total value of £2,094.75. Also, insider Roy Franklin sold 976 shares of the firm’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of GBX 285, for a total value of £2,781.60. 8.48% of the stock is currently 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.