tiprankstipranks
Blurbs

Noble Financial Remains a Buy on CoreCivic (CXW)

In a report released today, Joe Gomes from Noble Financial maintained a Buy rating on CoreCivic (CXWResearch Report), with a price target of $15.00. The company’s shares closed last Tuesday at $10.90.

According to TipRanks.com, Gomes is a 4-star analyst with an average return of 7.1% and a 43.5% success rate. Gomes covers the Technology sector, focusing on stocks such as Comtech Telecommunications, Voyager Digital (Canada), and One Stop Systems.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CoreCivic with a $15.00 average price target.

See Insiders’ Hot Stocks on TipRanks >>

The company has a one-year high of $14.24 and a one-year low of $8.23. Currently, CoreCivic has an average volume of 985.5K.

Based on the recent corporate insider activity of 52 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CXW in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

CoreCivic, Inc. operates as a government solutions company, which engages in the development and management of prisons and other correctional facilities. It operates through the following segments: CoreCivic Safety, CoreCivic Community, and CoreCivic Properties segments. The CoreCivic Safety segment consists of correctional and detention facilities. It provides transportation services to government agencies and TransCoR. The CoreCivic Community segment offers residential reentry centers and gives electronic monitoring case management services. The CoreCivic Properties segment comprises of real estate properties owned by the company that are leased to government agencies. The company was founded by Thomas W. Beasley, T. Don Hutto, and Robert Crants on January 28, 1983 and is headquartered in Brentwood, TN.

Read More on CXW:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More