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NCC AB ( ($SE:NCC.B) ) has issued an update.
NCC has been commissioned by Jönköping Municipality to construct a new nursing home and group home in Jönköping, with a project value of approximately SEK 370 million. The development will include 97 residential apartments and a group home with six apartments, featuring a cross-laminated timber frame to ensure a low climate footprint. The project, scheduled to start in the third quarter of 2025 and complete by autumn 2028, highlights NCC’s expertise in building modern, sustainable facilities.
The most recent analyst rating on ($SE:NCC.B) stock is a Buy with a SEK212.00 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 one of the leading construction companies 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. In 2024, NCC reported sales of approximately SEK 62 billion and employed 11,800 people. Its shares are listed on Nasdaq Stockholm.
Average Trading Volume: 213,637
Technical Sentiment Signal: Buy
Current Market Cap: SEK17.26B
See more insights into NCC.B stock on TipRanks’ Stock Analysis page.