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BUZZ-Top of the Street: Engie, TechnipFMC, Ocado

Reuters - UK Focus

A round-up of notable broker activity this morning from Europe's top-ranked* analysts:

** Societe Generale (Swiss: 519928.SW - news) ups Engie (LSE: 0LD0.L - news) to "buy", says it expects return on capital employed to start improving from 2018

** Goldman Sachs (NYSE: GS-PB - news) says that TechnipFMC stands out amongst large caps thanks to high leverage to upcoming growth trends in the oil service sector, raises to "buy"

** 4-star analyst JPMorgan (LSE: JPIU.L - news) cuts Ocado to "neutral" after strong recent share price performance

(*Analyst rankings from Thomson Reuters StarMine. Scale is from 1-star to 5-star with 5 being best. Analysts ranked on earnings accuracy as well as relative performance of recommendations over trailing 12-month & 24-month periods.)