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Webuild SpA ( (IT:WBD) ) has provided an announcement.
Webuild’s American subsidiary, Lane, has secured a $337 million contract for the expansion and modernization of Interstate 85 in North Carolina. This project, commissioned by the North Carolina Department of Transportation, involves widening the highway, replacing bridges, and improving interchanges to enhance safety and traffic flow. Scheduled for completion by 2029, the project underscores Webuild’s strategic positioning in North America’s infrastructure sector and its commitment to sustainable development.
The most recent analyst rating on (IT:WBD) stock is a Buy with a EUR3.20 price target. To see the full list of analyst forecasts on Webuild SpA stock, see the IT:WBD Stock Forecast page.
More about Webuild SpA
Webuild is a global leader in the design and construction of large complex infrastructures, focusing on sustainable mobility, hydroelectric energy, water management, and green buildings. Operating in about 50 countries with over 92,000 employees, the company has a rich history of engineering achievements, including the construction of extensive railways, roads, bridges, and tunnels. Webuild is recognized for its significant contributions to water infrastructure and has a strong presence in the United States through its subsidiary Lane.
Average Trading Volume: 1,387,416
Technical Sentiment Signal: Buy
Current Market Cap: €3.82B
Find detailed analytics on WBD stock on TipRanks’ Stock Analysis page.