Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
An announcement from Skanska AB ( ($SE:SKA.B) ) is now available.
Skanska has secured a USD 250 million contract with the Massachusetts Port Authority for the construction of a new parking garage and modernization improvements at Logan Airport’s Terminal E in Boston. This project, part of Massport’s TERC Program, includes the construction of a large parking garage with 4,000 spaces, a vehicular bridge, and a pedestrian bridge, with completion expected in 2030. The initiative aims for sustainability with solar panels and Parksmart certification, enhancing Skanska’s position in sustainable construction.
The most recent analyst rating on ($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 operations in the Nordics, Europe, and the USA. In 2024, the company reported revenues totaling SEK 177 billion. Skanska is known for creating innovative and sustainable solutions that promote healthy living, leveraging the expertise of its approximately 26,300 employees.
Average Trading Volume: 791,599
Current Market Cap: SEK90.91B
See more insights into SKA.B stock on TipRanks’ Stock Analysis page.