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Canaccord Genuity announced Geo Group Inc (NYSE:GEO), bumping up its stock price target to $38.00 today

Yesterday Geo Group Inc (NYSE:GEO) traded 5.13% higher at $34.02. GEO’s 50-day average is $27.20 and its 200-day average is $31.46. With the last close up 26.35% relative to the two hundred day average, compared with the S&P 500 which has fallen -0.01% over the same time period. Volume of trade was was up over the average, with 4,310,303 shares of GEO changing hands over the typical 1,699,260 shares..

In an issued report on 8/03/2016 Canaccord Genuity upped the target price of Geo Group Inc (NYSE:GEO) from $37 to $38 stating a possible upsideof 0.12%.

On Tuesday July 14 2015, Canaccord Genuity reported on Geo Group Inc(NYSE:GEO) bumped the target price from $0.00 to $43.00. At the time, this suggested an upside of 0.00%.

Performance Graph:

Geo Group Inc (NYSE:GEO)

With a market capitalization of $0.0, Geo Group Inc has a P/E of 12 with a 52 week low of $16.26 and a 52 week high of $35.14.

General Information About Geo Group Inc (NYSE:GEO)

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, and for the design and construction of facilities.

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