Legrand: Oddo BHF raises its price target

(CercleFinance.com) - While maintaining its 'neutral' opinion on Legrand, Oddo BHF is raising its target price from €101 to €113, in the wake of EPS estimates for 2025 and 2026 raised by an average of 4.
2% for the electrical building infrastructure group.

We can expect a gradual improvement in momentum over the next few quarters, both in the US office segment and in residential renovation in Europe", says the analyst, for whom "the unknown factor remains the timing and scale".

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