Cemex, S.A.B. de C.V. Sponsored – Consensus Indicates Potential 8.6% Upside

Broker Ratings

Cemex, S.A.B. de C.V. Sponsored with ticker code (CX) now have 18 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 14.5 and 4.1 calculating the mean target price we have 8.57. Now with the previous closing price of 7.89 this would imply there is a potential upside of 8.6%. The day 50 moving average is 7.14 while the 200 day moving average is 5.92. The market capitalisation for the company is $11,960m. You can visit the company’s website by visiting: http://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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