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

Kosmos Energy (LON:KOS) had its price target reduced by Jefferies Financial Group from GBX 270 to GBX 220 in a research note issued to investors on Monday, Marketbeat.com reports. Jefferies Financial Group currently has a buy rating on the stock.

Kosmos Energy Trading Up 3.2%

Shares of Kosmos Energy stock opened at GBX 113 on Monday. The firm’s 50 day simple moving average is GBX 127.43 and its two-hundred day simple moving average is GBX 136.34. The firm has a market capitalization of £540.43 million, a price-to-earnings ratio of -3.32, a PEG ratio of 0.10 and a beta of 2.43. Kosmos Energy has a 12-month low of GBX 101 and a 12-month high of GBX 344. The company has a current ratio of 0.75, a quick ratio of 0.61 and a debt-to-equity ratio of 224.91.

Kosmos Energy (LON:KOS) last posted its quarterly earnings data on Monday, August 4th. The company reported GBX (0.42) EPS for the quarter. Kosmos Energy had a return on equity of 19.64% and a net margin of 12.22%. Analysts predict 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.