LeGrand SA (OTCMKTS:LGRDY) Receives Consensus Rating of "Moderate Buy" from Brokerages

Shares of LeGrand SA (OTCMKTS:LGRDY - Get Free Report) have received an average recommendation of "Moderate Buy" from the ten brokerages that are currently covering the stock, Marketbeat reports. Six investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company.

LGRDY has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of LeGrand in a research report on Tuesday, June 23rd. Zacks Research raised shares of LeGrand from a "strong sell" rating to a "hold" rating in a report on Wednesday, August 5th. Evercore upgraded shares of LeGrand to a "hold" rating in a research report on Monday, April 13th. Royal Bank Of Canada upgraded shares of LeGrand from a "sector perform" rating to an "outperform" rating in a report on Monday, August 3rd. Finally, Citigroup reaffirmed a "buy" rating on shares of LeGrand in a research report on Thursday, June 18th.

LeGrand Stock Performance

LGRDY opened at $32.34 on Monday. The firm has a market capitalization of $42.41 billion, a P/E ratio of 27.88, a price-to-earnings-growth ratio of 2.31 and a beta of 0.96. The stock's 50 day moving average price is $32.21 and its two-hundred day moving average price is $33.17. The company has a quick ratio of 1.39, a current ratio of 1.96 and a debt-to-equity ratio of 0.81. LeGrand has a 12-month low of $28.73 and a 12-month high of $37.91.

LeGrand (OTCMKTS:LGRDY - Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $0.32 EPS for the quarter, missing analysts' consensus estimates of $0.36 by ($0.04). LeGrand had a return on equity of 17.83% and a net margin of 13.01%.The business had revenue of $3.26 billion for the quarter, compared to analyst estimates of $3.18 billion. On average, equities analysts forecast that LeGrand will post 1.41 earnings per share for the current year.

LeGrand Company Profile

Legrand OTCMKTS: LGRDY is a French multinational that designs, manufactures and distributes electrical and digital building infrastructure solutions. The company's product portfolio spans wiring devices such as switches and outlets, cable management and trunking systems, power distribution and protection equipment, lighting control and energy management systems, as well as solutions for data centers and building automation. Its offerings are positioned for new construction and retrofit projects in residential, commercial, industrial and institutional buildings.

Legrand supplies both branded products and integrated systems to electrical contractors, distributors, installers and original equipment manufacturers.

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