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 9.5 calculating the mean target price we have 13.17. With the stocks previous close at 7.87 this indicates there is a potential upside of 67.3%. The day 50 moving average is 8.14 and the 200 moving average now moves to 7.31. The market cap for the company is $932m. Company Website: https://www.geogroup.com
The potential market cap would be $1,560m based on the market concensus.
The GEO Group (NYSE: GEO) is the first fully integrated equity real estate investment trust specializing in the design, financing, development, and operation of secure facilities, processing centers, and community reentry centers in the United States, Australia, South Africa, and the United Kingdom. GEO is a leading provider of enhanced in-custody rehabilitation, post-release support, electronic monitoring, and community-based programs. GEO’s worldwide operations include the ownership and/or management of 123 facilities totaling approximately 93,000 beds, including projects under development, with a workforce of approximately 23,000 professionals.
