Legrand stock: RBC Capital keeps a EUR 170.00 target for Legrand stock

Published on 10/19/2026 at 16:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sales reached EUR 5.40 billion in the first half of 2026. Legrand stock costs EUR 129.43 on October 19, 2026, down 2.50 percent versus Stuttgart close.

Analyst view and scheduled results

On October 9, 2026, RBC Capital maintained its Buy rating and set a EUR 170.00 target, 31.35 percent above the price.
First-half 2026 sales reached EUR 5.40 billion, up 13.10 percent year on year.
Legrand stock costs EUR 129.43 at Lang & Schwarz on October 19, 2026 at 4:04 p.m. CEST, 2.50 percent below the Stuttgart close of October 16, 2026.
Legrand is scheduled to publish nine-month 2026 results on November 5, 2026, while its price-to-earnings ratio is 26.05.

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According to Markets Insider, RBC Capital maintained its Buy rating on Legrand and set a EUR 170.00 price target on October 9, 2026. The target lies 31.35 percent above the price. Legrand was trading at EUR 129.43 at Lang & Schwarz on October 19, 2026 at 4:04 p.m. CEST, minus 2.50 percent versus the Stuttgart close of October 16, 2026 at EUR 132.75.

First-half sales set the baseline

Legrand reported EUR 5.40 billion of sales in the first half of 2026, up 13.10 percent year on year. Organic sales growth was 9.80 percent, while the adjusted operating margin reached 20.80 percent. Net profit attributable to the Group increased 11.20 percent in the same period.

Range leaves room around the quote

The 52-week range was EUR 121.95 to EUR 166.95 as of October 19, 2026. The quote therefore stood 6.13 percent above the low and 22.48 percent below the high. Trading volume was 196,448 shares against an average of 556,040 shares.

Valuation and reporting date

Legrand's market capitalization was EUR 34.0 billion on October 19, 2026. Its trailing price-to-earnings ratio was 26.05 and its dividend yield was 2.00 percent. The next scheduled event is the publication of nine-month 2026 results on November 5, 2026, according to Legrand.

Comparison with peers

Legrand: minus 2.50 percent, P/E 26.05, market capitalization EUR 34.0 billion
Schneider Electric (Euronext Paris, EUR): minus 1.09 percent, P/E 30.10, market capitalization EUR 141.3 billion
Siemens (Xetra, EUR): minus 2.51 percent, P/E 26.07, market capitalization EUR 201.1 billion

Price points to the next report

Legrand's current valuation sits below its 52-week high while its recent operating figures remain supported by double-digit sales growth. The next reporting date is November 5, 2026. The stock was trading at EUR 129.43 at Lang & Schwarz on October 19, 2026 at 4:04 p.m. CEST, minus 2.50 percent versus the Stuttgart close of October 16, 2026 at EUR 132.75. The further course of trading is shown by the continuously updated real-time quote of Legrand stock.