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NCC to Construct New Parking Facility in Stockholm

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NCC to Construct New Parking Facility in Stockholm

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NCC AB ( ($SE:NCC.B) ) has provided an announcement.

NCC has been commissioned to build a new parking facility in southern Stockholm for Stockholm Stads Parkerings AB, valued at approximately SEK 200 million. The Sandhagsgatan P-hus project will offer 250 car spaces and modern mobility solutions, marking the third project in a collaboration with Stockholm Parkering, and is expected to be completed by the end of 2027.

The most recent analyst rating on ($SE:NCC.B) stock is a Hold with a SEK244.00 price target. To see the full list of analyst forecasts on NCC AB stock, see the SE:NCC.B Stock Forecast page.

More about NCC AB

NCC is a leading construction company in the Nordics, specializing in managing complex construction processes. The company engages in building and infrastructure project contracting, asphalt and stone materials production, and commercial property development, with a significant market presence as evidenced by its 2024 sales of SEK 62 billion and 11,800 employees. NCC is listed on Nasdaq Stockholm.

Average Trading Volume: 190,595

Technical Sentiment Signal: Buy

Current Market Cap: SEK18.79B

Learn more about NCC.B stock on TipRanks’ Stock Analysis page.

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