Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Skanska AB ( ($SE:SKA.B) ) has issued an update.
Skanska has secured a contract worth EUR 261 million to construct a 9.6-kilometer motorway near Žilina, Slovakia, which will enhance connectivity to Poland and Czechia. This project, expected to commence around late 2025 and last for approximately three and a half years, aims to improve regional traffic flow, safety, and environmental conditions by diverting heavy traffic from local roads.
The most recent analyst rating on ($SE:SKA.B) stock is a Buy with a SEK254.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.
More about Skanska AB
Skanska Group is one of the world’s largest construction and project development companies, with 2024 revenue totaling SEK 177 billion. Operating across select markets in the Nordics, Europe, and the USA, Skanska focuses on creating innovative and sustainable solutions that support healthy living. The company leverages its extensive expertise and collaborates with customers to shape the way people live, work, and connect.
Average Trading Volume: 519,740
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK99.14B
For detailed information about SKA.B stock, go to TipRanks’ Stock Analysis page.