Legrand (LGRVF) Lowered to “Underweight” at JPMorgan Chase & Co.

JPMorgan Chase & Co. lowered shares of Legrand (OTCMKTS:LGRVF) from a neutral rating to an underweight rating in a report published on Monday morning, The Fly reports.

Several other brokerages have also commented on LGRVF. Deutsche Bank lowered Legrand from a buy rating to a hold rating in a research note on Friday, November 9th. Societe Generale lowered Legrand from a buy rating to a hold rating in a research note on Friday, November 9th. Finally, Zacks Investment Research lowered Legrand from a hold rating to a sell rating in a research note on Wednesday, November 14th.

Shares of Legrand stock opened at $61.93 on Monday. The firm has a market cap of $16.56 billion, a PE ratio of 23.55, a PEG ratio of 2.37 and a beta of 0.97. Legrand has a 12 month low of $60.02 and a 12 month high of $82.45.

About Legrand

Legrand SA, together with its subsidiaries, provides electrical and digital building infrastructures worldwide. The company's product categories include user interface, energy distribution, cable management, digital infrastructure, energy efficiency, assisted living, and uninterruptible power supply products, as well as building and home systems, and installation components.

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