Cemex, S.A.B. de C.V. Sponsored found using ticker (CX) now have 15 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 6.5 and 1.6 and has a mean target at 3.42. Given that the stocks previous close was at 2.84 this would indicate that there is a potential upside of 20.4%. The 50 day MA is 2.82 while the 200 day moving average is 2.84. The market capitalisation for the company is $4,230m. Visit the company website at: 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.