Cemex, S.A.B. de C.V. Sponsored – Consensus Indicates Potential 13.8% Upside

Broker Ratings
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Cemex, S.A.B. de C.V. Sponsored found using ticker (CX) have now 18 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 9.5 and 4.7 and has a mean target at 6.45. Now with the previous closing price of 5.67 this indicates there is a potential upside of 13.8%. The 50 day moving average now sits at 4.94 while the 200 day moving average is 4.22. The company has a market cap of $8,041m. Visit the company website at: https://www.cemex.com

The potential market cap would be $9,147m based on the market concensus.

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.

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