Geo Group Inc (The) REIT with ticker code (GEO) have now 2 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 21 and 15 and has a mean target at 18. Now with the previous closing price of 11.36 this would imply there is a potential upside of 58.5%. The 50 day moving average now sits at 12.36 and the 200 day MA is 13.71. The company has a market cap of $1,439m. Visit the company website at: http://www.geogroup.com
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 126 facilities totaling approximately 94,000 beds, including projects under development, with a workforce of approximately 23,000 professionals.