Friday broker round-up

17th Aug 2012 09:22

Afren: Goldman Sachs downgrades to neutral.Borders & Southern Petroleum: Goldman Sachs downgrades to neutral.Coastal Energy: Goldman Sachs upgrades to buy.CRH: Credit Suisse downgrades to underperform.ENRC: Nomura cuts target from 500p to 400p, reduce rating kept.Faroe Petroleum: Goldman Sachs upgrades to buy.FirstGroup: Deutsche Bank downgrades to sell, target cut from 280p to 220p; Morgan Stanley downgrades to underweight.Genel Energy: Goldman Sachs downgrades to neutral.JKX Oil & Gas: HSBC upgrades to overweight, target cut from 172p to 140p.Kazakhmys: Nomura cuts target from 1,050p to 925p, neutral recommendation maintained.Laird: UBS upgrades from neutral to buy, target lifted fro 198p to 235p.Lloyds: Investec downgrades to hold, target cut from 40p to 36p.Max Petroleum: Goldman Sachs downgrades to neutral.Melrose Resources: Oriel Securities downgrades to reduce.Ophir Energy: Goldman Sachs upgrades to buy.Pennon: HSBC downgrades to neutral.Petra Diamonds: Goldman Sachs downgrades to neutral, target cut from 200p to 130p.Premier Oil: Goldman Sachs upgrades to buy; Morgan Stanley downgrades to equal weight.Reckitt Benckiser: Nomura raises target from 3,900p to 4,100p, buy rating kept.Resolution: Deutsche Bank downgrades to hold, target cut from 285p to 256p.Smiths News: Investec downgrades to hold; N+1 Brewin downgrades to hold.Travis Perkins: Credit Suisse downgrades to neutral, target cut from 1,140p to 1,050p.BC