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The latest announcement is out from Skanska AB ( ($SE:SKA.B) ).
Skanska has secured a GBP 153 million contract with National Highways to upgrade the A47 Thickthorn junction in East Anglia, UK. The project aims to enhance the A47/A11 interchange by increasing road capacity and reducing congestion, supporting local development and improving access to the Norfolk and Norwich University Hospital. The construction includes new link roads, underpasses, and a footbridge, with completion expected in 2028/29.
The most recent analyst rating on ($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. The company employs approximately 26,300 people and leverages its expertise to shape the way people live, work, and connect.
Average Trading Volume: 717,313
Current Market Cap: SEK92.72B
Learn more about SKA.B stock on TipRanks’ Stock Analysis page.