Research Alert: Afren: Jefferies cuts to hold

Borgestad ASA

21/06/2013 05:15

June 21 (Reuters) -: * Afren Plc  AFRE.L : Jefferies cuts to hold from buy; target price to 140p from 155p * Desire Petroleum Plc  DES.L : Jefferies raises to hold from underperform; cuts target price to 13p from 18p * Bowleven Plc  BLVN.L : Jefferies cuts target price to 105p from 195p; rating buy * Borders and Southern Petroleum Plc  BSTH.L : Jefferies cuts target price to 15p From 20p; rating hold * Falkland Oil and Gas Ltd  FOGL.L : Jefferies cuts target price to 60p from 115p; rating buy * Igas Energy Plc  IGAS.L : Jefferies raises target price to 195p from 105p; rating buy * Kosmos Energy Ltd  KOS.N : Jefferies cuts target price to $14 from $17; rating buy * Premier Oil Plc  PMO.L : Jefferies cuts target price to 390p from 415p; rating hold * President Energy Plc  PPTC.L : Jefferies cuts target price to 35p from 70p; rating hold * Rockhopper Exploration Plc  RKH.L : Jefferies cuts target price to 150p from 300p; rating hold * Soco International Plc  SIA.L : Jefferies raises target price to 345p from 305p; rating hold For a summary of rating actions and price target changes on European companies:  Reuters Eikon users, click on  RCH/EUROPE   Reuters 3000Xtra users, double-click  RCH/EUROPE   Reuters Station users, click .1580  ((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))