Legrand stock gains 1.34 percent as analyst targets rise

Published on 09/25/2026 at 12:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Legrand stock traded at EUR 136.40 on September 25, 2026, while Jefferies lifted its target to EUR 168. First-half sales rose 13.1 percent.

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Legrand stock (ISIN FR0010307819) was trading at EUR 136.40 on Euronext Paris at 12:42 p.m. CEST on September 25, 2026, up 1.34 percent from EUR 134.60. The move came as analysts adjusted their targets while the electrical equipment group prepared its next investor milestones.

Analyst targets move higher

On September 24, 2026, Ideal Investisseur reported that BofA Securities raised its Legrand target from EUR 138 to EUR 139 while maintaining a sell rating. Jefferies raised its target from EUR 167 to EUR 168 and maintained a buy rating.

The spread between those views is material. BofA's EUR 139 target stands EUR 2.60 above the intraday price, while Jefferies' EUR 168 target is EUR 31.60 higher, illustrating the wide range of expectations around Legrand's data center exposure and execution.

First-half growth sets the base

Legrand's first-half 2026 revenue reached EUR 5.4 billion, an increase of 13.1 percent, while EBITDA came to EUR 1.263 billion and the EBITDA margin was 23.4 percent, according to Ideal Investisseur. Net income was EUR 698.2 million for the period.

The same report said organic sales growth reached 17 percent and that Legrand raised its 2026 sales-growth target to 16 percent to 19 percent, including organic growth of 8 percent to 10 percent. Management kept its adjusted operating-margin target at 20.5 percent to 21.0 percent.

Next dates keep data centers central

Business Wire reported on September 3, 2026, that Legrand scheduled its Capital Markets Day in Singapore for September 29, 2026, and its nine-month results for November 5, 2026. The company said first-half growth was driven by data centers, energy-transition offerings and acquisitions.

For investors, the September 29 event is the next quantified checkpoint for judging whether the 16 percent to 19 percent full-year sales-growth target can translate into the stated 20.5 percent to 21.0 percent margin range.

Legrand stock trades above prior close

Legrand stock stood at EUR 136.40 on Euronext Paris at 12:42 p.m. CEST on September 25, 2026. The 52-week range was EUR 121.95 to EUR 166.95, while market capitalization was EUR 35.755 billion and volume was 64,275 shares at the same snapshot.