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Rejlers AB Class B ( ($SE:REJL.B) ) just unveiled an announcement.
Rejlers has been tasked by the Swedish Transport Administration to design and produce tender and construction documents for a new opto cable system along a 140 km railway line as part of the Opto 2.0 initiative. This project aims to modernize the national opto fiber network, enhancing the communication infrastructure for a more robust and sustainable transport system. The initiative will make rail travel and freight transport more reliable, encouraging a shift from car to train travel, while also considering cultural and environmental factors along the route. The project is set to begin in September 2025 and be completed by autumn 2026.
The most recent analyst rating on ($SE:REJL.B) stock is a Hold with a SEK204.00 price target. To see the full list of analyst forecasts on Rejlers AB Class B stock, see the SE:REJL.B Stock Forecast page.
More about Rejlers AB Class B
Rejlers is a leading engineering consultancy operating in Sweden, Finland, Norway, and the United Arab Emirates. The company employs 3,300 experts specializing in energy, industry, buildings, infrastructure, and defense. Rejlers focuses on sustainable transformation and supports clients in addressing future challenges. In 2024, the company reported a turnover of 4.4 billion SEK, and its class B share is listed on Mid Cap, Nasdaq Stockholm.
Average Trading Volume: 22,027
Technical Sentiment Signal: Buy
Current Market Cap: SEK4.22B
For detailed information about REJL.B stock, go to TipRanks’ Stock Analysis page.