Legrand stock: UBS cuts target to EUR 244.00. Legrand stock is 22.07 percent below its high

Published on 10/21/2026 at 15:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Legrand reports nine-month results on November 5, 2026. Legrand stock costs EUR 130.10 on October 21, 2026, up 2.20 percent versus the Xetra close.

Analyst target and reporting date

On October 21, 2026, Zonebourse reported that UBS retained Buy while cutting its target from EUR 247.00 to EUR 244.00.
Legrand will publish nine-month 2026 results on November 5, 2026.
Legrand stock costs EUR 130.10 at Lang & Schwarz on October 21, 2026 at 3:35 p.m. CEST, 2.20 percent above the Xetra close of October 20, 2026 and 22.07 percent below the 52-week high.
Legrand had a price-to-earnings ratio of 26.16 and market capitalization of EUR 34.1 billion as of October 21, 2026.

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UBS retained its Buy rating on Legrand while cutting the price target from EUR 247.00 to EUR 244.00, as Zonebourse reported on October 21, 2026. The revised target stands 87.55 percent above the EUR 130.10 price. Legrand was trading at EUR 130.10 at Lang & Schwarz on October 21, 2026 at 3:35 p.m. CEST, plus 2.20 percent versus the Xetra close of October 20, 2026 at EUR 127.30.

November 5 brings the next report

Legrand is scheduled to publish its nine-month 2026 results on November 5, 2026. A Business Wire release dated October 5, 2026 also reported 262,245,733 shares outstanding as of September 30, 2026. The date gives investors the next scheduled test of the company performance behind the analyst targets.

Stock stays below its yearly high

Legrand's 52-week range was EUR 121.95 to EUR 166.95 as of October 21, 2026 at 3:23 p.m. CEST. The stock sat 22.07 percent below the high and 6.68 percent above the low, while volume reached 232,339 shares at that timestamp. The current level therefore remains closer to the upper end of the annual range than to its floor.

Valuation and industrial peers

Legrand had a price-to-earnings ratio of 26.16 and market capitalization of EUR 34.1 billion as of October 21, 2026 at 3:23 p.m. CEST. The company is listed on Euronext Paris and belongs to the CAC 40, according to the Business Wire release dated October 5, 2026.

Comparison with peers

Legrand: plus 2.20 percent, price-to-earnings ratio 26.16, market capitalization EUR 34.1 billion. Schneider Electric (Euronext Paris, EUR): plus 1.43 percent, price-to-earnings ratio 29.80, market capitalization EUR 139.7 billion. Siemens (Xetra, EUR): plus 2.67 percent, price-to-earnings ratio 26.40, market capitalization EUR 203.7 billion. All comparison figures were measured on October 21, 2026 at about 3:28 p.m. CEST.

Target leaves a wide valuation gap

The UBS target of EUR 244.00 leaves a large distance to the market price, even after the October 21, 2026 move. Legrand's first-half 2026 results had reported EUR 5.40 billion in sales, 9.80 percent organic growth and a 20.80 percent adjusted operating margin, according to Legrand.

Price and upcoming evidence

At Lang & Schwarz, Legrand was trading at EUR 130.10 on October 21, 2026 at 3:35 p.m. CEST, plus 2.20 percent versus the Xetra close of October 20, 2026 at EUR 127.30. The next scheduled corporate figure is the nine-month report on November 5, 2026. The further course of trading is shown by the continuously updated real-time quote of Legrand stock.