CoreCivic, Inc. found using ticker (CXW) have now 3 analysts in total covering the stock. The consensus rating is ‘Strong_Buy’. The target price ranges between 18.25 and 15 calculating the mean target price we have 16.08. Given that the stocks previous close was at 9.58 this now indicates there is a potential upside of 67.8%. The day 50 moving average is 10.64 and the 200 moving average now moves to 10.77. The company has a market capitalisation of $1,057m. Visit the company website at: https://www.corecivic.com
The potential market cap would be $1,775m 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.
