LONDON (ShareCast) - (ShareCast News) - Canaccord Genuity (Other OTC: CCORF - news ) upgraded its recommendation for Premier Oil (LSE: PMO.L - news ) to 'hold' from 'sell' and lifted its price target to 105p from 100p.
In the context of the input sentence, determine the relationship between 'Premier Oil' and 'LONDON'.
Options: developer, parent organization, headquarters location, distributed by