Kosmos Energy’s (KOS) Buy Rating Reiterated at Jefferies Financial Group

Kosmos Energy (LON:KOS)‘s stock had its “buy” rating restated by equities researchers at Jefferies Financial Group in a research report issued to clients and investors on Monday,London Stock Exchange reports. They presently have a GBX 210 price objective on the stock. Jefferies Financial Group’s price objective suggests a potential upside of 35.36% from the stock’s previous close.

Kosmos Energy Price Performance

KOS opened at GBX 155.14 on Monday. The stock has a 50-day moving average price of GBX 205.15 and a 200-day moving average price of GBX 161.92. The company has a debt-to-equity ratio of 579.29, a current ratio of 0.60 and a quick ratio of 0.61. The firm has a market cap of £920.27 million, a PE ratio of -0.92, a P/E/G ratio of 0.10 and a beta of 0.71. Kosmos Energy has a 1 year low of GBX 63 and a 1 year high of GBX 248.

Insider Activity at Kosmos Energy

In related news, insider John Grant sold 735 shares of the firm’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of GBX 285, for a total transaction of £2,094.75. Also, insider Roy Franklin sold 976 shares of the company’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of GBX 285, for a total value of £2,781.60. Corporate insiders own 8.48% of the company’s stock.

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.