tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

AF Gruppen’s LAB Entreprenør Secures Bergen Apartment Project

Story Highlights
AF Gruppen’s LAB Entreprenør Secures Bergen Apartment Project

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.

AF Gruppen ASA ( (AGRUF) ) just unveiled an update.

LAB Entreprenør, a subsidiary of AF Gruppen, has secured a contract with Gjelsten Bolig to develop a new apartment complex in Bergen, Norway. The project involves demolishing existing structures and constructing 40 new apartments, with work commencing in the third quarter of 2025 and completion expected by the second quarter of 2027. This agreement, valued at approximately MNOK 137, highlights AF Gruppen’s continued growth and collaboration in the residential construction sector.

The most recent analyst rating on (AGRUF) stock is a Hold with a NOK145.00 price target. To see the full list of analyst forecasts on AF Gruppen ASA stock, see the AGRUF Stock Forecast page.

More about AF Gruppen ASA

AF Gruppen ASA operates in the construction industry, focusing on building and infrastructure projects. The company provides a range of services including engineering, procurement, and construction management, with a market focus on residential and commercial developments.

Average Trading Volume: 31,982

Current Market Cap: NOK16.32B

Learn more about AGRUF stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1