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Skanska AB ( ($SE:SKA.B) ) just unveiled an update.
Skanska has secured a USD 73 million contract with Longwood University to build a new performing arts center in Farmville, Virginia, replacing the existing Wygal Hall. The project, which includes state-of-the-art facilities and aims for LEED-NC Silver certification, is set to enhance Skanska’s order bookings in the US for the third quarter of 2025, reflecting the company’s continued growth and commitment to sustainable construction.
The most recent analyst rating on ($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 2024 revenue totaling SEK 177 billion. The company operates across select markets in the Nordics, Europe, and the USA, focusing on creating innovative and sustainable solutions for healthy living. Skanska employs approximately 26,300 people and leverages its expertise to shape the way people live, work, and connect.
Average Trading Volume: 625,281
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK96.63B
See more insights into SKA.B stock on TipRanks’ Stock Analysis page.