Cemex, S.A.B. de C.V. Sponsored with ticker code (CX) now have 18 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 10 and 4.7 with the average target price sitting at 6.44. Now with the previous closing price of 5.26 this is indicating there is a potential upside of 22.4%. The 50 day MA is 4.68 and the 200 day moving average is 4.16. The market cap for the company is $7,606m. Company Website: https://www.cemex.com
The potential market cap would be $9,312m 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.
