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Skanska AB ( ($SE:SKA.B) ) has issued an update.
Skanska has secured a USD 55 million contract to renovate a 10-story residence hall for a university in New York, which will be included in its US order bookings for the third quarter of 2025. This project, set to begin in fall 2025 and complete by 2027, underscores Skanska’s continued expansion in the US market, potentially enhancing its industry positioning and offering significant implications for stakeholders involved.
The most recent analyst rating on ($SE:SKA.B) stock is a Buy with a SEK254.00 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 a focus on creating innovative and sustainable solutions. Operating in select markets across the Nordics, Europe, and the USA, the company reported a revenue of SEK 177 billion in 2024 and employs approximately 26,300 people.
Average Trading Volume: 553,635
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK98.72B
For an in-depth examination of SKA.B stock, go to TipRanks’ Overview page.