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Webuild Secures AUD 1.8 Billion Contract for Perth Hospital Project

Story Highlights
  • Webuild SpA is a global leader in infrastructure, focusing on sustainable projects.
  • Webuild wins AUD 1.8 billion contract for Perth hospital, boosting its Australian presence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Webuild Secures AUD 1.8 Billion Contract for Perth Hospital Project

Confident Investing Starts Here:

The latest update is out from Webuild SpA ( (IT:WBD) ).

Webuild SpA has secured a AUD 1.8 billion contract for the construction of the Women and Babies Hospital in Perth, Australia, marking a significant expansion in the healthcare sector. This project, commissioned by the Western Australia Government, aims to replace the King Edward Memorial Hospital and enhance healthcare services in the region. The contract strengthens Webuild’s presence in Australia, its second-largest market, and underscores its capability in delivering complex infrastructure projects, further solidifying its position in the industry.

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 SpA is a global leader in the design and construction of large complex infrastructures, focusing on sustainable mobility, hydroelectric energy, water management, and green buildings. With operations in about 50 countries and a workforce of over 92,000 people, the company has completed over 3,700 projects, including significant contributions to railways, roads, bridges, and tunnels worldwide. Webuild is recognized for its expertise in the water sector and is listed on the Milan Stock Exchange.

Average Trading Volume: 2,123,908

Technical Sentiment Signal: Buy

Current Market Cap: €3.66B

For a thorough assessment of WBD stock, go to TipRanks’ Stock Analysis page.

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