CoreCivic, Inc. with ticker code (CXW) now have 3 analysts covering the stock. The analyst consensus points to a rating of ‘Strong_Buy’. The range between the high target price and low target price is between 18.25 and 15 calculating the average target price we see 16.08. With the stocks previous close at 10.14 this would imply there is a potential upside of 58.6%. The 50 day moving average now sits at 10.88 and the 200 moving average now moves to 10.84. The company has a market capitalisation of $1,104m. Find out more information at: https://www.corecivic.com
The potential market cap would be $1,751m based on the market concensus.
CoreCivic, Inc. owns and operates partnership correctional, detention, and residential reentry facilities in the United States. It operates through three segments: CoreCivic Safety, CoreCivic Community, and CoreCivic Properties. The company provides a range of solutions to government partners that serve the public good through corrections and detention management, a network of residential reentry centers to help address America’s recidivism crisis, and government real estate solutions. Its correctional, detention, and residential reentry facilities offer rehabilitation and educational programs, including basic education, faith-based services, life skills and employment training, and substance abuse treatment. As of December 31, 2022, the company owned and operated 44 correctional and detention facilities, 23 residential reentry centers, and 8 properties for lease. The company was founded in 1983 and is based in Brentwood, Tennessee.
