Societe Generale downgraded shares of Legrand (OTCMKTS:LGRVF) from a buy rating to a hold rating in a research report released on Friday morning, The Fly reports.
Legrand stock traded down $3.07 during trading hours on Friday, hitting $63.70. 106 shares of the stock traded hands, compared to its average volume of 298. The stock has a market cap of $17.85 billion, a price-to-earnings ratio of 24.22, a PEG ratio of 2.44 and a beta of 1.00. Legrand has a one year low of $63.70 and a one year high of $82.45.
Legrand SA, together with its subsidiaries, provides electrical and digital building infrastructures worldwide. 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.
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