Deutsche Bank reiterates its Buy recommendation on Legrand, while lowering its price target from 97 to 86 euros. If the group is well equipped, according to the broker, to face a slowdown in activity given its flexible structure, its pricing capacities and its exposure to resilient segments such as energy efficiency, its estimates for 2023 already point to a 5% organic decline in sales in Europe (and stable sales worldwide).
AOF 2022
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Trends technical analysis LEGRAND
| Short term | Middle term | Long term | |
| Trends | Bearish | Bearish | Bearish |
Evolution of the Income Statement
Sale  Purchase | |
| Average recommendation | SAVE |
| Number of Analysts | 22 |
| Last Closing Price | 66,66 € |
| Average price target | €85.65 |
| Deviation / Average Target | 28.5% |
Officers and Directors
| Var. Jan 1 | capi. ($M) | ||
 | GREAT | -35.22% | 17,430 |