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Kosmos Energy Ltd. Price Target Update

kosmosKosmos Energy Ltd. shares have received a Mean Price Target of $11.37. According to the rating issued from 11 Wall Street Analysts, the High Price Target is seen at $15 while the Lower end of the Price Target is seen at $8.6. The Median Price Target is calculated at $10.5.

The stock has received coverage from different analysts. Brokerage firm Deutsche Bank upgrades its rating on Kosmos Energy Ltd. (NYSE:KOS).

As per the latest information, the brokerage house raises the price target to $15 per share from a prior target of $13. The shares have been rated Buy. Previously, the analysts had a Hold rating on the counter.

The company has received recommendation from many analysts. 2 analysts have rated the company as a strong buy. The shares has been rated as hold from 5 Wall Street Analysts. 5 analysts have suggested buy for the company.

Kosmos Energy Ltd. (NYSE:KOS) rose 2.43% or 0.21 points on Friday and made its way into the gainers of the day. After trading began at $8.65 the stock was seen hitting $8.95 as a peak level and $8.65 as the lowest level. The stock ended up at $8.86.

The daily volume was measured at 930,885 shares. The 52-week high of the share price is $11.27 and the 52-week low is $6.96. The company has a market cap of $3,432 million.

Kosmos Energy, Ltd. 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.

Source: http://www.americantradejournal.com/kosmos-energy-ltd-price-target-update/67737/

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Reporting Oil and Gas project was launched on 4th June 2009atTakoradi, Western Region, Ghana by Penplusbytes (PPB – www.penplusbytes.org) with the vision of providing a one stop online information and knowledge about Ghana’s oil and gas sector
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