Skanska traded at 243.20 this Friday May 15th, decreasing 5.50 or 2.21 percent since the previous trading session. Looking back, over the last four weeks, Skanska lost 3.72 percent. Over the last 12 months, its price rose by 3.27 percent. Looking ahead, we forecast Skanska to be priced at 244.68 by the end of this quarter and at 226.92 in one year, according to Trading Economics global macro models projections and analysts expectations.
Skanska AB is a Sweden-based construction and project development company. The Company’s operations are divided into four operating segments: Construction, which includes both building construction and civil construction; Residential Development, which develops residential projects for immediate sale; Commercial Property Development, which initiates, develops, leases and divests commercial property projects, and Infrastructure Development, which specializes in identifying, developing and investing in privately financed infrastructure projects, such as highways, hospitals and power generating plants. Skanska AB has operations in the Nordic countries, Poland, the Czech Republic, Hungary and the United States, among others.