Cemex, S.A.B. de C.V. Sponsored found using ticker (CX) have now 15 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 5 and 3 calculating the mean target price we have 3.81. Now with the previous closing price of 3.18 this would imply there is a potential upside of 19.8%. The 50 day moving average now sits at 3.25 while the 200 day moving average is 2.66. The company has a market capitalisation of $4,924m. Company Website: 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. 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; engineering and project, plant optimization, customized, operation and maintenance, network, and camp services; cement trade maritime services; and information technology solutions. The company operates in Mexico, the United States, Europe, South and Central America, the Caribbean, Asia, the Middle East, and Africa. As of December 31, 2019, it operated approximately 2,000 stores. CEMEX, S.A.B. de C.V. was founded in 1906 and is based in San Pedro Garza GarcÃa, Mexico.