Demystifying GEO Group: Insights From 4 Analyst Reviews
Portfolio Pulse from Benzinga Insights
GEO Group (NYSE:GEO) has been analyzed by 4 analysts, showing a somewhat bullish consensus with a new average 12-month price target of $14.75, up from $14.00. The company specializes in detention facilities and community reentry centers but faces financial challenges, including a revenue decline of -2.0% and below-average profitability metrics. Analyst Jay McCanless of Wedbush maintains an 'Outperform' rating, adjusting the price target to $15.00 from $14.00.

March 21, 2024 | 5:00 pm
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GEO Group receives a somewhat bullish consensus from analysts with a new average price target of $14.75, indicating potential upside. Financial challenges persist, impacting its market performance.
The somewhat bullish consensus among analysts, with a new higher price target, suggests potential short-term upside for GEO Group's stock. However, the company's financial challenges, including a revenue decline and below-average profitability metrics, could temper gains. The adjustment in price target by Jay McCanless of Wedbush to $15.00 from $14.00 reflects a positive outlook, potentially influencing investor sentiment and stock performance in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100