Cemex, S.A.B. de C.V. Sponsored – Consensus Indicates Potential 49.9% Upside

Broker Ratings

Cemex, S.A.B. de C.V. Sponsored found using ticker (CX) have now 20 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 10 and 4 with the average target price sitting at 6.22. Given that the stocks previous close was at 4.15 this is indicating there is a potential upside of 49.9%. The day 50 moving average is 4.14 and the 200 day MA is 4.14. The market capitalisation for the company is $6,055m. Company Website: https://www.cemex.com

The potential market cap would be $9,075m 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.

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