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Jefferies Starts Kosmos Energy (KOS) at Buy

June 20, 2011 8:26 AM EDT
Get Alerts KOS Hot Sheet
Price: $12.29 +0.82%

Rating Summary:
    7 Buy, 2 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
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Jefferies initiates coverage on Kosmos Energy (NYSE: KOS) with a Buy rating and $22 price target.

The firm states, "Our positive investment thesis is based on the company’s attractive acreage position in West Africa, production growth from Jubilee, material prospect exploration inventory, and a visible pipeline of oil development projects."

For more ratings news on Kosmos Energy click here and for the rating history of Kosmos Energy click here.

Shares of Kosmos Energy closed at $18.33 yesterday.


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