Jefferies Lowers Numbers on Kosmos Energy (KOS), Keeps Buy Rating

June 25, 2012 7:59 AM EDT
Get Alerts KOS Hot Sheet
Price: $6.54 --0%

Rating Summary:
    15 Buy, 3 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
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Jefferies cuts estimates and its price target on Buy-rated Kosmos Energy (NYSE: KOS) from $19.00 to $17.00.

"Kosmos Energy's exploration efforts outside of its core Ghana exposure is beginning to gather pace with new acreage positions and activity in Cameroon, Morocco, Suriname and most recently, Mauritania."

FY12 EPS goes from ($0.15) to ($0.17) and FY13 from $0.47 to ($0.26).

For an analyst ratings summary and ratings history on Kosmos Energy click here. For more ratings news on Kosmos Energy click here.

Shares of Kosmos Energy closed at $10.90 yesterday.

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