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Skanska AB ( ($SE:SKA.B) ) has provided an update.
Skanska is investing approximately SEK 450 million in a residential project named Ängsklockan in Järvastaden, Solna, Sweden. The project will feature 119 apartments with sustainable features such as solar panels and energy-efficient facades, and is expected to be completed by the first quarter of 2028.
The most recent analyst rating on ($SE:SKA.B) stock is a Hold with a SEK270.00 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. The company operates across select markets in the Nordics, Europe, and the USA, focusing on innovative and sustainable solutions that support healthy living.
YTD Price Performance: 11.73%
Average Trading Volume: 667,726
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK102.7B
See more data about SKA.B stock on TipRanks’ Stock Analysis page.