Jefferies Financial Group Reiterates Buy Rating for Kosmos Energy (LON:KOS)

Kosmos Energy (LON:KOS)‘s stock had its “buy” rating reissued by analysts at Jefferies Financial Group in a research note issued to investors on Tuesday,Digital Look reports. They currently have a GBX 210 price target on the stock. Jefferies Financial Group’s price target suggests a potential upside of 22.09% from the company’s current price.

Kosmos Energy Price Performance

LON KOS opened at GBX 172 on Tuesday. Kosmos Energy has a 52 week low of GBX 63 and a 52 week high of GBX 248. The firm has a market capitalization of £1.02 billion, a P/E ratio of -1.02, a PEG ratio of 0.10 and a beta of 0.71. The company has a quick ratio of 0.61, a current ratio of 0.60 and a debt-to-equity ratio of 579.29. The company has a 50-day moving average price of GBX 186.68 and a 200-day moving average price of GBX 177.38.

Insider Activity at Kosmos Energy

In other Kosmos Energy news, insider John Grant sold 735 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 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 transaction of £2,781.60. Insiders own 6.83% of the company’s stock.

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. 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.