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Should Investors Be Selling Legrand (LGRVF) Stock Following Today’s Societe Generale Downgrade?

Legrand SA (OTCMKTS:LGRVF) Logo

Legrand (LGRVF) Receives a Downgrade

Shares of Legrand (LGRVF) were downgraded to a Hold by research professionals at Societe Generale. LGRVF’s rating of a Buy has been discontinued.

It closed at $63.7 lastly. It is down 0.00% since November 10, 2017 and is . It has underperformed by 15.62% the S&P500.

Legrand SA, together with its subsidiaries, provides electrical and digital building infrastructures worldwide. The company has market cap of $16.78 billion. 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. It has a 18.75 P/E ratio. The Company’s products are applicable in offices, hotels, data centers, and shopping centers, as well as residential, education, healthcare, and industrial sectors.

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