Geo Group Inc (The) REIT with ticker code (GEO) now have 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 15 and 10 with the average target price sitting at 13.33. Now with the previous closing price of 10.44 this now indicates there is a potential upside of 27.7%. The day 50 moving average is 8.5 and the 200 moving average now moves to 7.15. The company has a market cap of $1,260m. Find out more information at: https://www.geogroup.com
The potential market cap would be $1,609m based on the market concensus.
The GEO Group (NYSE: GEO) is a leading diversified government service provider, specializing in design, financing, development, and support services for secure facilities, processing centers, and community reentry centers in the United States, Australia, South Africa, and the United Kingdom. GEO’s diversified services include enhanced in-custody rehabilitation and post-release support through the award-winning GEO Continuum of Care, secure transportation, electronic monitoring, community-based programs, and correctional health and mental health care. GEO’s worldwide operations include the ownership and/or delivery of support services for 102 facilities totaling approximately 82,000 beds, including idle facilities and projects under development, with a workforce of up to approximately 18,000 employees.
