Jefferies Financial Group Lowers Kosmos Energy (LON:KOS) Price Target to GBX 220

Key Points

• Jefferies Financial Group has lowered the price target for Kosmos Energy from GBX 270 to GBX 220, while maintaining a "buy" rating on the stock.
• The current stock price of Kosmos Energy is GBX 113, which represents a potential upside of 94.69% based on the new price target.
• Kosmos Energy reported a negative earnings per share (EPS) of GBX (0.42) in its latest quarterly earnings, with a net margin of 12.22% and a return on equity of 19.64%.

Kosmos Energy (LON:KOS - Get Free Report) had its price objective reduced by analysts at Jefferies Financial Group from GBX 270 to GBX 220 in a research note issued on Monday,Digital Look reports. The brokerage currently has a "buy" rating on the stock. Jefferies Financial Group's price objective points to a potential upside of 94.69% from the stock's previous close.

Kosmos Energy Stock Down 3.0%

KOS opened at GBX 113 on Monday. The business's 50-day simple moving average is GBX 128.57 and its 200-day simple moving average is GBX 136.80. The company has a debt-to-equity ratio of 224.91, a quick ratio of 0.61 and a current ratio of 0.75. Kosmos Energy has a one year low of GBX 101 and a one year high of GBX 346. The stock has a market capitalization 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 (LON:KOS - Get Free Report) last issued its quarterly earnings results on Monday, August 4th. The company reported GBX (0.42) earnings per share (EPS) for the quarter. Kosmos Energy had a net margin of 12.22% and a return on equity of 19.64%. Analysts anticipate that Kosmos Energy will post 76.6519824 EPS for the current 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.

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