Legrand stock at EUR 134.40 as Goldman highlights data centers

Legrand stock was quoted at EUR 134.40 by Lang & Schwarz at 22:59:55 Berlin time on October 29, 2026. The dated quote provides the current market context for the French electrical and digital infrastructure group, without establishing a causal link to earlier analyst commentary.

Goldman focuses on data center demand

In an analysis published on October 21, 2026, Investing.com reported that Goldman Sachs had upgraded Legrand from "neutral" to "buy" and raised its 12-month price target from EUR 156 to EUR 172. Goldman argued that concerns about changes in data center technology were already reflected in the valuation.

Investing.com reported that data centers represented about 32 percent of Legrand's first-half 2026 sales. Goldman also cited the company's positioning for 800VDC designs and expected data center capital spending growth in 2026 and 2027.

Risks remain part of the assessment

The analysis also identified risks including higher-for-longer interest rates, weaker construction markets, delays in data center projects, acquisition prices and technology changes that could disadvantage some products. These factors temper the positive analyst view and are relevant when assessing the stock's valuation.

Quote in context

The Lang & Schwarz snapshot is dated October 29 and is not an Xetra closing-price comparison. Investors should therefore distinguish the late quote from a formally verified exchange-session performance figure.

For the latest real-time quote of Legrand stock, the relevant quote timestamp and venue should be considered.

Market conditions for French equities can be tracked through the CAC 40 market environment.

More news and analyses are available on Legrand stock.