Brokerage Firm Rating Update on Geo Group Inc (The) (GEO)

Geo Group Inc (The) (GEO) : Zacks Investment Research ranks Geo Group Inc (The) (GEO) as 5, which is a Strong Sell recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 3 research analysts is 1.67, which indicates as a Buy.

Geo Group Inc (The) (GEO) stock is expected to deviate a maximum of $4.24 from the average target price of $35 for the short term period. 2 Street Experts have initiated coverage on the stock with the most promising target being $38 and the most muted being $32.


For the current week, the company shares have a recommendation consensus of Buy.

Geo Group Inc (The) (NYSE:GEO): The stock opened at $21.4 and touched an intraday high of $21.57 on Wednesday. During the day, the stock corrected to an intraday low of $21.14, however, the bulls stepped in and pushed the price higher to close in the green at $21.51 with a gain of 1.13% for the day. The total traded volume for the day was 1,555,828. The stock had closed at $21.27 in the previous trading session.

The GEO Group, Inc. is a real estate investment trust (REIT), which specializes in the ownership, leasing and management of correctional, detention and re-entry facilities and the provision of community-based services and youth services in the United States, Australia, South Africa and the United Kingdom. The Company operates in four segments: U.S. Corrections & Detention segment, which encompasses its United States-based privatized corrections and detention business; GEO Care segment, encompasses its United States-based privatized corrections and detention business, youth services business and electronic monitoring and supervision service; International Services segment, which consists of its privatized corrections and detention operations in South Africa, Australia, and the United Kingdom, and Facility Construction & Design segment, which contracts with various states, local and federal agencies, as well as international agencies, for the design and construction of facilities.

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