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Los Angelas, CA -- (SBWIRE) -- 02/16/2013 -- Kosmos Energy, Ltd. (NYSE:KOS) operates as an oil exploration and production company. The Company engages in the exploration, development, and production of oil and natural gas in Africa. It explores the areas along the west coast of Africa from Morocco in the north through Angola in the south. It holds five licenses in offshore the Republic of Ghana, onshore the Republic of Cameroon, and offshore the Kingdom of Morocco.
Kosmos Energy Ltd from a buy rating to an accumulate rating in a research report released on Wednesday morning. Global Hunter Securities currently has $13.50 price target on the stock, down from their previous price target of $14.00.
KOS has been the subject of a number of other recent research reports. Analysts at Deutsche Bank raised their price target on shares of Kosmos Energy Ltd from $15.00 to $16.00 in a research note to investors on Tuesday. They now have a hold rating on the stock. Separately, analysts at Zacks upgraded shares of Kosmos Energy Ltd from an underperform rating to a neutral rating in a research note to investors on Tuesday. They now have a $13.10 price target on the stock. Finally, analysts at Zacks downgraded shares of Kosmos Energy Ltd from a neutral rating to an underperform rating in a research note to investors on Monday, January 14th. They now have a $12.10 price target on the stock.
Kosmos Energy Ltd traded down 6.11% on Wednesday, hitting $10.61. Kosmos Energy Ltd has a 1-year low of $8.19 and a 1-year high of $14.69. The stock’s 50-day moving average is currently $12.43. The company’s market cap is $4.127 billion.
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