Legrand (OTCMKTS:LGRDY) Lowered to “Sell” at Citigroup

Citigroup cut shares of Legrand (OTCMKTS:LGRDY) from a neutral rating to a sell rating in a research report sent to investors on Monday, MarketBeat reports.

Legrand Stock Performance

Shares of OTCMKTS LGRDY opened at $18.55 on Monday. The firm has a 50 day moving average of $19.74 and a 200 day moving average of $19.03. Legrand has a 12-month low of $12.43 and a 12-month high of $20.65.

About Legrand

Legrand SA, together with its subsidiaries, provides electrical and digital building infrastructures worldwide. The company offers MCBs, RCDs, and din rail equipment, including residual current circuit breakers, RCBOs, add-on modules and accessories, surge protective devices, other control and signaling devices, and time and light-sensitive switches, as well as dimmers, relays, transformers, power supplies, and accessories; ACBs, MCCBs, head equipment, and busbar systems; enclosures and accessories; equipment and accessories; home network, home automation, and hotel equipment; wiring accessories; weatherproof wiring accessories and other installation equipment; lighting management, emergency lighting, access control, and safety equipment; UPS and LCS products, cable management systems, equipment, and accessories; and mosaic wiring accessories.