Alphavalue raised target for Legrand stock to EUR 173

Published on 10/08/2026 at 12:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half sales rose 13.10 percent to EUR 5,400.30 million. Legrand stock costs EUR 139.30 on October 8, 2026 after EUR 141.65, minus 1.66 percent.

Isometrische Grafik einer Wertschöpfungskette von Fabrik bis zur Baustelle — Legrand SA (FR0010307819) Wertschöpfungskette von Rohstoff über Produktion bis zur Gebäudeinstallation isometrisch dargestellt, Illustration mit AI erstellt.

Legrand (FR0010307819) stock was at EUR 139.30 at Lang & Schwarz on October 8, 2026 at 12:21 p.m. CEST, down 1.66 percent from EUR 141.65. As Ideal Investisseur reported on October 6, 2026, Alphavalue raised its price target from EUR 147.00 to EUR 173.00 and changed its view from Reduce to Accumulate.

Alphavalue lifts target to EUR 173

The revised target stands 24.19 percent above the Lang & Schwarz price of EUR 139.30, calculated in the same currency. The report also cited Barclays, which raised its target from EUR 185.00 to EUR 188.00 and kept a Buy view, but the Alphavalue revision is the more substantial change in the report.

That target revision gives the stock a clear valuation reference, while the market quotation remains below both analyst targets. The comparison is descriptive rather than a forecast: the distance to EUR 173.00 reflects the difference between the target and the current euro reference price.

First-half sales reach EUR 5.40 billion

According to Legrand in its first-half 2026 results, sales rose 13.10 percent to EUR 5,400.30 million. Organic growth was 9.80 percent, growth through acquisitions was 6.90 percent, and the adjusted operating margin after acquisitions reached 20.80 percent.

The same release reported net profit attributable to the Group of EUR 698.20 million for the first half of 2026, up 11.20 percent. Those figures give the analyst target a fundamental anchor, with sales growth and profitability both quantified for the latest reported interim period.

Data centers shape the 2030 plan

At its September 28, 2026 investor day, Legrand said data centers represented 32.00 percent of sales at the end of the first half. The company set an annual organic revenue growth target of 6.00 percent to 8.00 percent for 2027 through 2030.

Legrand also outlined an adjusted operating margin target of 21.00 percent to 22.00 percent on average for that period. The combination of current 20.80 percent adjusted margin and the longer-term 21.00 percent to 22.00 percent range makes execution and acquisition integration central to the stock discussion.

Legrand stock remains below its prior close

At Lang & Schwarz, Legrand stock was trading at EUR 139.30 on October 8, 2026 at 12:21 p.m. CEST, down 1.66 percent versus the prior close of EUR 141.65. The primary listing is on Euronext Paris, where the finance data quote showed EUR 139.50 at 10:10 a.m. UTC on the same date, while the 52-week range was EUR 121.95 to EUR 166.95 and market capitalization was EUR 36.6 billion.

The further course of trading is shown by the continuously updated real-time quote of Legrand stock.