Legrand in the news

AlphaValue/Baader Europe has raised Legrand's financial targets for 2030, citing continued high demand from data centers.

Legrand acquired Girtz Industries, a U.S. specialist in customized modular power-integration solutions, expanding its data center power offerings.

AlphaValue/Baader Europe has upgraded Legrand's rating to 'buy' based on a comprehensive analysis of various financial and market indicators.

Alphavalue upgraded Legrand's stock recommendation, while HSBC adjusted Schneider Electric's price target.

J.P. Morgan downgraded Schneider Electric to "neutral" due to concerns about its capital allocation strategy and significant investment in Industrial Automation, expressing a preference for Legrand.

Legrand's Châlus plant employees are on strike to protest the planned closure of the site and the elimination of 70 jobs, ahead of social plan negotiations concerning four French site closures.

Legrand received an analyst upgrade and price target increase, while Schneider Electric was downgraded by JP Morgan, and UBS Group's recommendation was upgraded by Zacks.

Legrand | AV introduced a 65W charging solution for sit-stand desks, integrating a desktop power center with under-desk outlets for comprehensive device charging and power management.

Citi updated Legrand's forecasts, making limited changes to 2026 estimates but raising 2027-2028 EBIT forecasts by 6-8% due to anticipated growth, after an investor day in Singapore.

Legrand published its total number of shares and voting rights, updated share evolution, and financial agenda for Q3 and full-year 2026 results.

Legrand identifies data centers as a key growth engine for its business.

Legrand's stock fell by 2.87% to  140.40, despite Barclays upgrading its price target to  188 and its rating to "buy."

Employees at Legrand's Châlus plant are striking, demanding clarity on reclassification and future prospects following the announcement of the site's closure by 2028.

Employees at Legrand's Chalus factory are striking due to the announced closure, expressing anger over inadequate reclassification offers, increased workload despite the shutdown, and a general feeling of being undervalued by the company.

Legrand employees in Confolens are striking for clarity and better terms regarding their future after the announcement of their plant's closure by 2028.

Legrand's revenue exposure to data centers is 32% with its offering of critical power solutions, and the company has upgraded its data center revenue growth guidance from 20% to 30%.

Legrand employees initiated a strike at two sites due to dissatisfaction with job protection plan negotiations and proposed support measures.

Legrand's stock rose over 3% following Evercore ISI's 'buy' rating, as the company benefits from strong demand in data centers and AI, leading to increased growth projections.