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An update from Nordic Group Limited ( (SG:MR7) ) is now available.
Nordic Group Limited has secured contracts worth approximately S$70.3 million across multiple divisions, including system integration, precision engineering, and scaffolding. These contracts involve new and repeat customers from various industries and are expected to be completed between 2025 and 2028. Despite the significant contract value, these deals are not anticipated to materially impact the company’s financial metrics for the current year.
The most recent analyst rating on (SG:MR7) stock is a Buy with a S$0.50 price target. To see the full list of analyst forecasts on Nordic Group Limited stock, see the SG:MR7 Stock Forecast page.
More about Nordic Group Limited
Nordic Group Limited operates in the engineering sector, providing a range of services including system integration, precision engineering, scaffolding, insulation, petrochemical and environmental engineering, cleanroom solutions, air and water solutions, and structural engineering and construction services. The company serves various industries such as marine, offshore oil and gas, petrochemical, semiconductor, infrastructure, and security.
Average Trading Volume: 95,952
Technical Sentiment Signal: Buy
Current Market Cap: S$155.1M
For a thorough assessment of MR7 stock, go to TipRanks’ Stock Analysis page.