Cemex, S.A.B. de C.V. Sponsored with ticker code (CX) have now 19 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 10 and 4 and has a mean target at 6.32. Given that the stocks previous close was at 5.43 this indicates there is a potential upside of 16.4%. The day 50 moving average is 4.59 while the 200 day moving average is 4.14. The company has a market capitalisation of $7,854m. Visit the company website at: https://www.cemex.com
The potential market cap would be $9,141m 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.
