Cemex, S.A.B. de C.V. Sponsored – Consensus ‘Buy’ rating and 23.5% Upside Potential

Broker Ratings
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Cemex, S.A.B. de C.V. Sponsored which can be found using ticker (CX) now have 18 confirmed 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 9.5 and 4.7 suggesting an average Analsyt target price of $6.47. Given that the stocks previous close was at $5.24 this is indicating there is a potential upside of 23.5%. It’s also worth noting that there is a 50 day moving average of $5.21 and the 200 day moving average is $4.35. The company has a market cap of $7,885m. Find out more information at: https://www.cemex.com

The potential market cap would be $9,735m based on the market consensus.

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.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 15.03, revenue per share of 10.73 and a 3.61% return on assets.

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