Monadelphous traded at 28.58 this Wednesday March 25th, increasing 0.99 or 3.59 percent since the previous trading session. Looking back, over the last four weeks, Monadelphous gained 11.93 percent. Over the last 12 months, its price rose by 83.21 percent. Looking ahead, we forecast Monadelphous to be priced at 26.81 by the end of this quarter and at 25.12 in one year, according to Trading Economics global macro models projections and analysts expectations.
Monadelphous Group Ltd is an Australia-based company that provides construction, maintenance and industrial services to the resources, energy and infrastructure sectors. The Company covers a range of markets, which include iron ore, oil and gas, mineral processing, coal, power, water, rail and light industrial. The Company service includes fabrication, modularization, offsite pre-assembly, procurement and installation of structural steel, tankage, mechanical and process equipment, piping, demolition and remediation works. It also provides multi-disciplined construction services, plant commissioning, electrical and instrumentation services, water and wastewater asset construction and maintenance, heavy lift and specialist transport, access solutions, dewatering services, corrosion management services, front-end scoping, shutdown planning, management and execution, rail maintenance services and specialist coatings.