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Landis+Gyr: Positioned for Next-Phase Smart Grid Growth with U.S. Expansion, Portfolio Streamlining, and Multiple Upside Catalysts

Landis+Gyr: Positioned for Next-Phase Smart Grid Growth with U.S. Expansion, Portfolio Streamlining, and Multiple Upside Catalysts

Analyst Jeff Osborne from TD Cowen maintained a Buy rating on Landis+Gyr Group AG and keeping the price target at CHF75.00.

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Jeff Osborne has given his Buy rating due to a combination of factors, starting with Landis+Gyr’s strong positioning to benefit from the next phase of smart grid deployments as utilities modernize aging infrastructure. He sees the company’s expanded emphasis on U.S. cross-selling in networking and software as a key driver of improving profitability and better earnings visibility.

Osborne also highlights upcoming catalysts, including the EMEA divestiture and a planned U.S. listing, which he believes can unlock both margin gains and valuation multiple expansion. In his view, sustained utility capital spending and the potential for a book-to-bill ratio above 1.0x in 2026 support a durable demand backdrop and justify a Buy recommendation on the shares.

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