LeGrand SA (OTCMKTS:LGRDY) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of LeGrand SA (OTCMKTS:LGRDY) have been assigned a consensus recommendation of “Moderate Buy” from the nine research firms that are presently covering the stock, MarketBeat reports. Four research analysts have rated the stock with a hold recommendation, three have given a buy recommendation and two have assigned a strong buy recommendation to the company.

LGRDY has been the subject of several recent research reports. Citigroup reaffirmed a “buy” rating on shares of LeGrand in a research report on Wednesday, October 1st. Zacks Research lowered shares of LeGrand from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. UBS Group raised shares of LeGrand to a “hold” rating in a research note on Tuesday, December 16th. Deutsche Bank Aktiengesellschaft downgraded LeGrand from a “buy” rating to a “hold” rating in a research note on Thursday, November 6th. Finally, Kepler Capital Markets upgraded LeGrand from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 12th.

LeGrand Trading Up 0.2%

OTCMKTS:LGRDY opened at $30.04 on Friday. The business’s 50-day moving average is $31.01 and its two-hundred day moving average is $30.27. The firm has a market capitalization of $39.66 billion, a PE ratio of 30.34, a price-to-earnings-growth ratio of 2.39 and a beta of 0.89. LeGrand has a 12 month low of $18.85 and a 12 month high of $34.83. The company has a debt-to-equity ratio of 0.78, a current ratio of 2.22 and a quick ratio of 1.69.

LeGrand (OTCMKTS:LGRDY) last posted its earnings results on Thursday, November 6th. The company reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.05). The company had revenue of $2.61 billion during the quarter, compared to analyst estimates of $2.62 billion. LeGrand had a net margin of 16.71% and a return on equity of 16.05%. Research analysts predict that LeGrand will post 1.08 earnings per share for the current fiscal 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.