Legrand (OTCMKTS:LGRDY) Rating Increased to Overweight at JPMorgan Chase & Co.

Legrand (OTCMKTS:LGRDY) was upgraded by analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a research note issued on Wednesday, MarketBeat reports.

Legrand Trading Up 2.8 %

Shares of LGRDY stock opened at $22.52 on Wednesday. Legrand has a 1 year low of $16.75 and a 1 year high of $22.68. The firm’s fifty day moving average price is $21.01 and its two-hundred day moving average price is $20.94.

About Legrand

Legrand SA, together with its subsidiaries, manufactures, distributes, and sells electrical and digital building infrastructures in Europe, North and Central America, and internationally. The company offers energy distribution, protection, and management solutions, such as electric vehicle charging, residential and small commercial panels, switchboards and power cabinets, and UPS devices; and wiring devices, connected home and building control solutions, and guestroom solutions, as well as back, junction, DCL, and floor boxes.