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An announcement from Southern Cross Electrical Engineering Limited ( (AU:SXE) ) is now available.
Southern Cross Electrical Engineering Limited has secured $90 million in awards for projects in the data center and rail sectors. The company will undertake various works on the DigiCo SYD1 Data Centre Project in Sydney and the Sydney Metro St Marys Station Project. These awards highlight SCEE Group’s continued growth and strong presence in these sectors, drawing on its extensive experience and multidisciplinary capabilities to enhance project delivery and client relationships.
The most recent analyst rating on (AU:SXE) stock is a Buy with a A$2.40 price target. To see the full list of analyst forecasts on Southern Cross Electrical Engineering Limited stock, see the AU:SXE Stock Forecast page.
More about Southern Cross Electrical Engineering Limited
Southern Cross Electrical Engineering Limited (SCEE Group) operates in the electrical engineering industry, providing services such as electrical and communications installations. The company focuses on sectors including data centers and rail infrastructure, leveraging its expertise to secure significant projects in these areas.
YTD Price Performance: 59.68%
Average Trading Volume: 876,552
Technical Sentiment Signal: Buy
Current Market Cap: A$638.3M
For a thorough assessment of SXE stock, go to TipRanks’ Stock Analysis page.