Noble Financial Sticks to Its Buy Rating for Geo Group (GEO)
In a report released today, Joe Gomes from Noble Financial maintained a Buy rating on Geo Group, with a price target of $28.00.
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According to TipRanks, Gomes is a 4-star analyst with an average return of 6.3% and a 45.70% success rate. Gomes covers the Industrials sector, focusing on stocks such as Titan International, NN, and Hudson Global.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Geo Group with a $30.33 average price target.
Based on Geo Group’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $707.7 million and a net profit of $31.77 million. In comparison, last year the company earned a revenue of $607.72 million and had a net profit of $15.49 million
