Geo Group Inc (The) REIT found using ticker (GEO) now have 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 15 and 9 with the average target price sitting at 13. Now with the previous closing price of 8.74 this indicates there is a potential upside of 48.7%. The 50 day moving average now sits at 6.97 and the 200 day moving average is 6.93. The market cap for the company is $1,011m. Company Website: https://www.geogroup.com
The potential market cap would be $1,504m 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 103 facilities totaling approximately 83,000 beds, including idle facilities and projects under development, with a workforce of up to approximately 18,000 employees.
