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Peab AB ( ($SE:PEAB.B) ) has provided an announcement.
Peab AB and Unibail-Rodamco-Westfield (URW) have reached a settlement agreement concerning the Mall of Scandinavia project, resulting in Peab receiving one billion Swedish kronor. This settlement resolves all legal disputes between the parties, ensuring no further claims or warranty obligations, and stabilizes Peab’s financial position without altering its net debt.
The most recent analyst rating on ($SE:PEAB.B) stock is a Buy with a SEK78.00 price target. To see the full list of analyst forecasts on Peab AB stock, see the SE:PEAB.B Stock Forecast page.
More about Peab AB
Peab is a Nordic Community Builder with 13,000 employees and net sales of SEK 58 billion. The company focuses on developing, groundwork, and building everyday life in local communities, with headquarters in Förslöv, Sweden. Peab shares are listed on Nasdaq Stockholm.
YTD Price Performance: 1.66%
Average Trading Volume: 336,248
Current Market Cap: SEK23.3B
For a thorough assessment of PEAB.B stock, go to TipRanks’ Stock Analysis page.