Cemex, S.A.B. de C.V. Sponsored – Consensus Indicates Potential 76.5% Upside

Broker Ratings

Cemex, S.A.B. de C.V. Sponsored with ticker code (CX) now have 19 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 14.5 and 6.35 and has a mean target at 10.64. Now with the previous closing price of 6.03 this indicates there is a potential upside of 76.5%. The 50 day MA is 6.52 and the 200 day MA is 7.45. The market capitalisation for the company is $8,808m. Visit the company website at: https://www.cemex.com

CEMEX, S.A.B. de C.V., together with its subsidiaries, produces, markets, distributes, and sells cement, ready-mix concrete, aggregates, clinker, 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 projects, pavement projects, and green building consultancy services; cement trade maritime services; and information technology solutions. The company operates approximately 2,000 retail stores in approximately 600 cities. CEMEX, S.A.B. de C.V. was founded in 1906 and is headquartered in San Pedro Garza García, Mexico.

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