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The latest update is out from NCC AB ( ($SE:NCC.B) ).
NCC AB has secured a contract to refurbish and redevelop 444 apartments in Kolding, Denmark, with a project valued at approximately SEK 520 million. The redevelopment of the Skovvejen residential area will modernize the 1970s and 1980s apartment blocks, enhancing security and promoting social activities. The project, which includes demolition, refurbishment, and new construction, is set to begin in early 2026 and complete by early 2029, impacting the local housing market and demonstrating NCC’s capability in large-scale housing projects.
The most recent analyst rating on ($SE:NCC.B) stock is a Hold with a SEK244.00 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 a leading construction company in the Nordics, known for its expertise in managing complex construction projects. 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: 182,372
Technical Sentiment Signal: Buy
Current Market Cap: SEK19.35B
Learn more about NCC.B stock on TipRanks’ Stock Analysis page.