Barclays analyst James Hosie maintained a Buy rating on Kosmos Energy (NYSE: KOS) today and set a price target of $11. The company’s shares closed yesterday at $8.79, close to its 52-week high of $8.94.
Hosie has an average return of 11.8% when recommending Kosmos Energy.
According to TipRanks.com, Hosie is ranked #2979 out of 4872 analysts.
Kosmos Energy has an analyst consensus of Strong Buy, with a price target consensus of $10.17.
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Based on Kosmos Energy’s latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $103 million. In comparison, last year the company had a GAAP net loss of $8.47 million.
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Kosmos Energy Ltd. is an independent oil and gas exploration and production company, which focuses on frontier and emerging areas in Africa and South America. Its asset portfolio includes existing production, discoveries, and exploration prospects offshore Ghana.
