Legrand’s consensus price target was raised to €129.52, reflecting analysts’ increased conviction from improving operating trends, robust earnings momentum, and a strong balance sheet.
Analyst Commentary
- JPMorgan highlighted upside to consensus estimates, supporting a positive re-rating.
- Inclusion in JPMorgan’s Analyst Focus List signals increased conviction in Legrand’s outlook.
- Bullish analysts project further gains due to improving operating trends.
- Ongoing upgrades reflect confidence in Legrand’s growth trajectory in core markets.
- Raised targets are underpinned by robust earnings momentum and strong balance sheet.
What's in the News
- Board meeting scheduled to adopt consolidated financial statements for H1 2025.
- Raised 2025 full-year sales growth guidance to +10% to +12% (excluding currency effects), up from previous guidance of +6% to +10%, with expected organic growth of +5% to +7% and acquisition-driven growth of approximately +5%.
Valuation Changes
Summary of Valuation Changes for Legrand
- The Consensus Analyst Price Target remained effectively unchanged, moving only marginally from €127.30 to €129.52.
- The Future P/E for Legrand remained effectively unchanged, moving only marginally from 28.04x to 28.50x.
- The Consensus Revenue Growth forecasts for Legrand remained effectively unchanged, at 6.4% per annum.
Disclaimer
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