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Instalco AB ( (SE:INSTAL) ) has shared an announcement.
Instalco has secured a SEK 180 million contract for the Kaj 16 project in Gothenburg, a sustainable timber construction initiative by Vasakronan. The project involves electrical, telecommunications, and sprinkler installations, and is expected to be a landmark for sustainable urban development, with completion slated for summer 2027.
The most recent analyst rating on (SE:INSTAL) stock is a Hold with a SEK26.00 price target. To see the full list of analyst forecasts on Instalco AB stock, see the SE:INSTAL Stock Forecast page.
More about Instalco AB
Instalco is a leading installation company in Northern Europe, specializing in electrical, heating & plumbing, ventilation, industrial solutions, and technical consulting. The company operates through over 150 subsidiaries, providing system design, installation, and maintenance services across Sweden, Norway, Finland, and Germany. Instalco is listed on Nasdaq Stockholm under the ticker INSTAL.
Average Trading Volume: 453,966
Technical Sentiment Signal: Sell
Current Market Cap: SEK6.71B
For a thorough assessment of INSTAL stock, go to TipRanks’ Stock Analysis page.