Berenberg Bank Believes Kosmos Energy (KOS) Still Has Room to Grow

In a report issued on January 17, James Carmichael from Berenberg Bank maintained a Buy rating on Kosmos Energy (KOSResearch Report), with a price target of $5.40. The company’s shares closed last Tuesday at $4.77, close to its 52-week high of $4.82.

According to TipRanks.com, Carmichael is ranked #6844 out of 7772 analysts.

Kosmos Energy has an analyst consensus of Strong Buy, with a price target consensus of $5.87.

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The company has a one-year high of $4.82 and a one-year low of $1.80. Currently, Kosmos Energy has an average volume of 9.17M.

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Kosmos Energy Ltd. engages in the exploration, development, and production of oil and gas. The firms assets include production offshore Ghana, Equatorial Guinea and U.S. Gulf of Mexico, as well as a gas development offshore Mauritania and Senegal. It also maintains a sustainable exploration program balanced between proven basin infrastructure-led exploration, emerging basins, and frontier basins. The company was founded by Brian F. Maxted on April 23, 2003 and is headquartered in Dallas, TX.

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