Legrand SA
LR: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|q# | LOCK|R>&?& | LOCK|>pq^&< |
Legrand: Upgraded Midterm Targets Are Achievable, but We Still See Risks to the Equity Story
Legrand raised its medium-term financial targets at its Capital Markets Day. It raised sales growth (including acquisitions) to 11%-13% from 6%-10% through 2030 and the average adjusted operating margin to 21%-22% from 20%.
