TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Skanska AB ( ($SE:SKA.B) ) has issued an update.
Skanska has secured a EUR 60 million contract with the Finnish Transport Infrastructure Agency to upgrade a 12-kilometer section of the Vt 12 highway in Finland. The project aims to enhance traffic safety and flow by converting the road into a median-separated passing lane and includes constructing two interchanges and a groundwater protection structure. The development phase starts in late 2025, with completion expected by 2029.
The most recent analyst rating on ($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 in select markets across the Nordics, Europe, and the USA, focusing on innovative and sustainable solutions in construction and project development.
Average Trading Volume: 667,093
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK102.7B
See more insights into SKA.B stock on TipRanks’ Stock Analysis page.