RESEARCH ALERT-Petroneft Resources: Canaccord Genuity cuts to hold

Wed, 15 Jan - 6:42pm

Jan 15 (Reuters) - :

* Petroneft Resources Plc PTR.I : Canaccord Genuity cuts to hold from buy

* Afren Plc AFRE.L : Canaccord Genuity cuts target price to 185p from 205p;

raing buy

* Borders and Southern BSTH.L : Canaccord Genuity cuts target price to 17p

from 25p; raing hold

* Bahamas Petroleum Company Plc BPCB.L : Canaccord Genuity cuts target price

to 10p from 14p; rating spec buy

* Cairn Energy Plc CNE.L : Canaccord Genuity cuts target price to 285p from

330p; raing hold

* Eland Oil & Gas Plc ELA.L : Canaccord Genuity cuts target price to 165P

from 173P; rating buy

* Falkland Oil and Gas Ltd FOGL.L : Canaccord Genuity raises to buy from

hold; target price to 50p from 40p

* Enquest Plc ENQ.L : Canaccord Genuity cuts target price to 165p from 175p;

rating buy

* Heritage Oil HOIL.L : Canaccord Genuity cuts target price to 265p from

310p; rating buy

* Lundin Petroleum Ab LUPE.ST : Canaccord Genuity cuts target price to Sek

130 from Sek 160; rating hold

* Ophir Energy OPHR.L : Canaccord Genuity cuts target price to 315p from

400p; rating hold

* Premier Oil Plc PMO.L : Canaccord Genuity cuts target price to 450p from

500p; rating buy

* Tullow Oil Plc TLW.L : Canaccord Genuity cuts target price to 950p from

1050p; rating hold

* Trap Oil TRAPO.L : Canaccord Genuity moves to hold from speculative buy;

cuts target price to 10p from 20p

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

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