Cemex, S.A.B. de C.V. Sponsored with ticker code (CX) have now 19 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 10 and 4 with the average target price sitting at 6.31. Now with the previous closing price of 5.37 this indicates there is a potential upside of 17.5%. The day 50 moving average is 4.5 and the 200 moving average now moves to 4.12. The market capitalisation for the company is $7,664m. Visit the company website at: https://www.cemex.com
The potential market cap would be $9,006m based on the market concensus.
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CEMEX, S.A.B. de C.V., together with its subsidiaries, produces, markets, distributes, and sells cement, ready-mix concrete, aggregates, urbanization solutions, and other construction materials worldwide. The company also offers various complementary construction products, including asphalt products; concrete blocks; roof tiles; architectural products; concrete pipes for storm and sanitary sewers applications; and other precast products, such as rail products, concrete floors, box culverts, bridges, drainage basins, barriers, and parking curbs. In addition, it provides building solutions for housing solutions, pavement solutions, and green building services; cement trade maritime services; and information technology solutions. The company operates approximately 2,000 retail stores. CEMEX, S.A.B. de C.V. was founded in 1906 and is headquartered in San Pedro Garza García, Mexico.