Legrand stock trades at EUR 134.85 after target upgrades

Published on 09/28/2026 at 10:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Legrand stock carries an Oddo BHF target of EUR 150.00 after a EUR 146.00 starting point on September 21, 2026. First-half sales reached EUR 5,400.3 million.

Moderne Fabrikhalle mit Robotern und Arbeitern bei Montage elektrischer Bauteile — Legrand SA (FR0010307819) betreibt moderne Produktionsanlagen für elektrische Schalter und Installationskomponenten mit Robotertechnik, Illustration mit AI erstellt.

Legrand stock was last at EUR 134.85 on Euronext Paris on September 25, 2026, up 0.19 percent from the prior close of EUR 134.60. The latest analyst move came from Oddo BHF, which raised its price target from EUR 146.00 to EUR 150.00 while keeping a neutral rating on September 21, 2026.

Targets move to EUR 150.00

According to Ideal Investisseur, the revised target stands 11.24 percent above the September 25 price. The neutral rating keeps valuation as the main counterweight to Legrand's operating momentum.

First-half growth sets the base

Legrand's investor-relations page reports first-half 2026 sales of EUR 5,400.3 million for the period ended June 30, 2026. Total sales growth reached 13.10 percent, including organic growth of 9.80 percent and acquisition-led growth of 6.90 percent.

The same Legrand update lists an adjusted operating margin of 20.80 percent and net profit growth of 11.20 percent in the first half. Seven acquisitions since the start of 2026 added to exposure to energy-transition and digital-transition markets, including data centers.

September dates shape the next test

Business Wire reports that Legrand will hold its Capital Markets Day in Singapore on September 29, 2026, followed by nine-month results on November 5, 2026. The dates give the market two concrete checkpoints for testing the raised 2026 targets.

Stock stays below its yearly high

Legrand was last at EUR 134.85 on Euronext Paris on September 25, 2026. The session range was EUR 133.80 to EUR 138.00, volume reached 459,018 shares, and the 52-week range was EUR 121.95 to EUR 166.95, placing the stock 19.23 percent below its yearly high.