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The latest announcement is out from Skanska AB ( ($SE:SKA.B) ).
Skanska is investing CZK 1.6 billion (approximately SEK 700M) in a new residential project in Prague’s Radlice district, featuring 177 low-energy apartments across three buildings, including the largest wooden residential building in the Czech Republic. The project emphasizes sustainability with a focus on energy efficiency and a reduced carbon footprint, aiming for high BREEAM sustainability certification, and is set to start construction in June 2025 with completion expected in 2027.
The most recent analyst rating on ($SE:SKA.B) stock is a Buy with a SEK215.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.
More about Skanska AB
Skanska Group is one of the world’s largest construction and project development companies, with 2024 revenue totaling SEK 177 billion. Operating across select markets in the Nordics, Europe, and the USA, Skanska focuses on creating innovative and sustainable solutions that support healthy living, leveraging the expertise of approximately 26,300 employees.
YTD Price Performance: 1.30%
Average Trading Volume: 776,594
Current Market Cap: SEK93.09B
For a thorough assessment of SKA.B stock, go to TipRanks’ Stock Analysis page.