Corecivic Inc (NYSE:CXW) target bumped up to $37.00, released a research note earlier today by Zacks Investment Research
- Updated: April 20, 2017
Just yesterday Corecivic Inc (NYSE:CXW) traded 0.57% higher at $33.55. Corecivic Inc’s 50-day moving average is $32.35 and its 200-day moving average is $25.45. The last stock price is up 31.83% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time period. 618,655 shares of CXW traded hands, down from an average trading volume of 1,262,620
Indicating a possible upside of 0.10%, Zacks Investment Research raised the target price of Corecivic Inc (NYSE:CXW) to $37.00
Recent Performance Chart
Corecivic Inc has 52 week low of $12.99 and a 52 week high of $35.33 with a PE ratio of 17.94 and has a market capitalization of $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 3 brokerages have issued a ratings update on the company. The average stock price target is $32.33 with 0 brokerages rating the stock a strong buy, 1 brokerage rating the stock a buy, 3 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On Corecivic Inc (NYSE:CXW)
CoreCivic, Inc., formerly Corrections Corporation of America, is a real estate investment trust (REIT). The Company provides a range of solutions to government partners that serve the public good through corrections and detention management, government real estate solutions, and a network of residential reentry centers to help address America's recidivism crisis. In addition to providing fundamental residential services, the Company's facilities offer a range of rehabilitation and educational programs, including basic education, faith-based services, life skills and employment training, and substance abuse treatment. The Company owns or controls approximately 49 correctional and detention facilities, owns or controls approximately 25 residential reentry facilities, and manages an additional 11 correctional and detention facilities owned by its government partners, with a total design capacity of approximately 89,700 beds in 20 states and the District of Columbia.
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