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Skanska AB ( ($SE:SKA.B) ) has shared an update.
Skanska has secured a contract to construct a new nursing home in Oslo, Norway, valued at NOK 578 million (approximately SEK 545 million). The project, which aims for high environmental standards with a BREEAM Excellent certification, is set to begin in August 2025 and complete by August 2027, reflecting Skanska’s commitment to sustainable development and strengthening its presence in the Nordic construction market.
The most recent analyst rating on ($SE:SKA.B) stock is a Buy with a SEK235.00 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 creating innovative and sustainable solutions that support healthy living.
Average Trading Volume: 714,830
Technical Sentiment Signal: Buy
Current Market Cap: SEK92.55B
Find detailed analytics on SKA.B stock on TipRanks’ Stock Analysis page.