RESEARCH ALERT-Glencore Xstrata: Jefferies cuts to hold

March 27 (Reuters) - :

* Glencore Xstrata Plc GLEN.L : Jefferies cuts to hold from buy

* Anglo American Plc AAL.L : Jefferies cuts target price to 1550p from 1700p;

rating hold

* Antofagasta Plc ANTO.L : Jefferies cuts target price to 825p from 850p;

rating hold

* BHP Billiton Plc BLT.L : Jefferies cuts target price to 2200p from 2400p;

rating buy

* First Quantum Minerals Ltd FQM.L : jefferies cuts target price to 1350p

from 1400p; rating buy

* Kazakhmys Plc KAZ.L : Jefferies cuts target price to 270p from 310p; rating

hold

* New World Resources NWRR.L : Jefferies cuts target price to 36p from 50p;

rating hold

* Rio Tinto Plc RIO.L : Jefferies cuts target price to 4100p from 4400p;

rating buy

* London Mining LOND.L : Jefferies cuts target price to 160p from 200p;

rating buy

* Vale VALE.N : Jefferies cuts target price to $14 from $15; rating hold

* Vedanta Resources Plc VED.L : Jefferies cuts target price to 900p from

1000p; rating hold

* Ferrexpo FXPO.L : Jefferies cuts target price to 160p from 165p; rating

hold

* African Minerals AMIq.L : Jefferies cuts target price to 250p from 300p;

rating buy

For a summary of rating actions and price target changes on European companies:

Reuters Eikon users, click on Href="NewsSearch">RCH/EUROPE

Reuters 3000Xtra users, double-click RCH/EUROPE

Thomson ONE users, type in RT/RCH/EUROPE ((nyc.equities.newsroom@reuters.com); (Reuters Messaging: saqib.ahmed.thomsonreuters.com@reuters.net) ((Bangalore Newsroom +91 80 6749 1130; within U.S. +1 646 223 8780))