Legrand Shares - Citi lifts target price and calls valuation too low
18.06.2026 - 16:51:45 | ad-hoc-news.de
Edited by ad hoc news Chart & Technicals Desk. Verified prior to publication on 06/18/2026, 16:47 CET. Details in the imprint.
Legrand (FR0010307819) is attracting attention on the Paris market after a fresh call from Citi. The U.S. bank raised its price target and argued the shares remain undervalued, according to a report circulated on Thursday.
All news and key data on Legrand stock
Background reports, price data and company headlines help investors follow Legrand stock more closely.
Citi’s call on Legrand
According to a MarketScreener summary of the Citi note, Legrand was among the strongest gainers in the CAC 40 on Thursday after the bank lifted its target price and highlighted upside to its valuation. Citi described the shares as undervalued versus fundamentals.
The report cited Legrand’s position as a “global specialist” in electrical and digital building infrastructure and pointed to supportive demand trends. It also referenced an average analyst target price around EUR 157, above the latest market level.
Thursday focus on chart levels
MarketScreener quotes Legrand shares around EUR 148.80 intraday on Thursday, up roughly 2.6% on the day and about 11% over one month. That places the stock close to its recent highs on the CAC 40 benchmark.
Trading Economics separately lists Legrand among the leading gainers in the French index, with an advance of more than 3% as the CAC 40 rebounds. For chart-oriented investors, the move extends the stock’s upward trend that has been in place for several weeks.
How the company makes money
Legrand generates most of its revenue by supplying electrical and digital infrastructure for buildings, from circuit breakers and wiring devices to data center and connected home solutions. The group positions itself as a specialist in products that distribute power and manage data flows in residential and commercial properties.
Where the stock trades today
The shares of Legrand (FR0010307819) trade on Euronext Paris at EUR 148.80 as of 06/18/2026, 16:30 CET.
Key facts on Legrand stock
- Company: Legrand SA
- ISIN: FR0010307819
- WKN: A0ET9R
- Ticker: LR
- Venue: Euronext Paris
- Price (as of 06/18/2026, 16:30 CET): 148.80 EUR
- Market cap: 39,000,000,000 EUR (as of 06/18/2026)
- Sector / Industry: Industrials / Electrical Components & Equipment
- Index membership: CAC 40
- Next earnings date: not officially scheduled
This article was AI-assisted and editorially reviewed. Price and company data without warranty; prices and dates may change at short notice. No investment advice, no buy or sell recommendation. Trading securities involves risk up to total loss of capital.
