LeGrand SA (OTCMKTS:LGRDY) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of LeGrand SA (OTCMKTS:LGRDY) have earned a consensus rating of “Moderate Buy” from the ten ratings firms that are currently covering the stock, Marketbeat Ratings reports. Six research analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has issued a strong buy recommendation on the company.

Several equities analysts recently commented on the stock. Barclays raised shares of LeGrand from an “overweight” rating to an “overweight” rating in a research report on Monday, July 6th. Zacks Research raised shares of LeGrand from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 5th. Royal Bank Of Canada upgraded shares of LeGrand from a “sector perform” rating to an “outperform” rating in a research note on Monday, August 3rd. Citigroup reissued a “buy” rating on shares of LeGrand in a research report on Thursday, June 18th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of LeGrand in a research note on Tuesday, June 23rd.

LeGrand Trading Down 0.5%

Shares of OTCMKTS:LGRDY opened at $32.52 on Monday. The business’s 50-day moving average is $32.05 and its 200 day moving average is $33.25. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.96 and a quick ratio of 1.39. LeGrand has a 1 year low of $28.73 and a 1 year high of $37.91. The firm has a market capitalization of $42.64 billion, a P/E ratio of 28.03, a P/E/G ratio of 2.33 and a beta of 0.96.

LeGrand (OTCMKTS:LGRDY) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $0.32 earnings per share for the quarter, missing the consensus estimate 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 during the quarter, compared to analyst estimates of $3.18 billion. On average, research analysts predict that LeGrand will post 1.41 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.