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The latest announcement is out from Service Stream Limited ( (AU:SSM) ).
Service Stream Limited has secured a significant long-term Base Services Contract with the Australian Department of Defence, valued at approximately $1.6 billion over an initial six-year term. This contract, which covers property and asset services for 113 Defence sites in South Australia and the Northern Territory, marks a strategic expansion for Service Stream, enhancing its market positioning and supporting its growth strategy in the infrastructure services sector.
The most recent analyst rating on (AU:SSM) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Service Stream Limited stock, see the AU:SSM Stock Forecast page.
More about Service Stream Limited
Service Stream Limited is a leading provider of essential network services, focusing on property and asset services. The company operates primarily in Australia, delivering services that support critical infrastructure and network operations.
Average Trading Volume: 1,709,556
Technical Sentiment Signal: Buy
Current Market Cap: A$1.19B
Find detailed analytics on SSM stock on TipRanks’ Stock Analysis page.