Shikun & Binui Ltd traded at 1,879.00 this Tuesday February 3rd, increasing 23.00 or 1.24 percent since the previous trading session. Looking back, over the last four weeks, Shikun & Binui gained 6.42 percent. Over the last 12 months, its price rose by 55.93 percent. Looking ahead, we forecast Shikun & Binui Ltd to be priced at 1,759.81 by the end of this quarter and at 1,612.10 in one year, according to Trading Economics global macro models projections and analysts expectations.
Shikun and Binui Ltd., formerly Housing & Construction Holding Co. Ltd., is an Israel-based infrastructure and real estate company. It operates under the following segments: Infrastructure Contracting and Construction Abroad; Infrastructure and Construction Contracting in Israel; Real Estate Development in Israel; Real Estate Development Abroad; Franchising; Renewable Energy, as well as Other Activities. It operates through its subsidiaries in Israel and across the world that carry out public-private partnership (PPP) projects, focusing on the initiation, financing, construction and operation of infrastructure and civil-engineering projects, development and construction of residential buildings, development and sale of commercial projects, construction and operation of rental properties, development of power generation facilities based on renewable energies, as well as financing, construction and operation of water desalination and purification initiatives, among others.