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An announcement from Instalco AB ( (SE:INSTAL) ) is now available.
Instalco’s subsidiary, Elovent AB, has secured a contract for electrical installations at a new prison in Kalmar, Sweden, with a project value of approximately SEK 60 million. Partnering with Skanska, the project involves complex installations and collaboration with multiple parties, including the Swedish Prison and Probation Service, and is expected to be completed by Q3 2027.
The most recent analyst rating on (SE:INSTAL) stock is a Hold with a SEK49.00 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 provides system design, installation, and service & maintenance for buildings and facilities across Sweden, Norway, Finland, and Germany through its network of over 150 subsidiaries. Instalco is listed on Nasdaq Stockholm under the ticker INSTAL.
Average Trading Volume: 633,337
Technical Sentiment Signal: Sell
Current Market Cap: SEK7.13B
For a thorough assessment of INSTAL stock, go to TipRanks’ Stock Analysis page.