Legrand: UBS still a buyer after H1 results

(CercleFinance.com) - UBS reinstates its "buy" rating on Legrand shares, along with a target price of 98 euros, which represents upside potential of 23% for the French electrical equipment supplier's share, after the group announced its H1 results last week.


"Long-term sales and earnings growth remain resilient despite a more cautious 2023 organic growth estimate," the broker summarised.


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