Legrand (LGRVF) Raised to “Hold” at Zacks Investment Research

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Zacks Investment Research upgraded shares of Legrand (OTCMKTS:LGRVF) from a sell rating to a hold rating in a research note issued to investors on Wednesday.

According to Zacks, “Legrand SA provides electrical and digital building infrastructures. It offers solutions for international commercial, industrial and residential markets. Legrand SA is headquartered in Limoges, France. “

LGRVF has been the subject of a number of other research reports. Deutsche Bank downgraded shares of Legrand from a buy rating to a hold rating in a research report on Friday, November 9th. JPMorgan Chase & Co. downgraded shares of Legrand from a neutral rating to an underweight rating in a research report on Monday, December 3rd. Finally, Societe Generale downgraded shares of Legrand from a buy rating to a hold rating in a research report on Friday, November 9th.

Legrand stock opened at $55.45 on Wednesday. The firm has a market capitalization of $14.82 billion, a P/E ratio of 21.08, a price-to-earnings-growth ratio of 2.01 and a beta of 1.01. Legrand has a 1-year low of $55.40 and a 1-year high of $82.45.

Legrand Company Profile

Legrand SA, together with its subsidiaries, provides electrical and digital building infrastructures worldwide. The company's product categories include user interface, energy distribution, cable management, digital infrastructure, energy efficiency, assisted living, and uninterruptible power supply products, as well as building and home systems, and installation components.

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