The price of Legrand SA shares is range-bound. This phase will end sooner or later when volatility comes back. Investors have an opportunity to buy the stock and target the € 78.1.
The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
Considering the small differences between the analysts' various estimates, the group's business visibility is good.
The group usually releases upbeat results with huge surprise rates.
The stock is in a well-established, long-term rising trend above the technical support level at 68.54 EUR
ę MarketScreener.com 2021
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