Cemex, S.A.B. de C.V. Sponsored which can be found using ticker (CX) have now 18 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 9.5 and 4.7 calculating the average target price we see $6.47. Given that the stocks previous close was at $4.86 and the analysts are correct then we can expect a percentage increase in value of 33.1%. It’s also worth noting that there is a 50 day moving average of $5.11 and the 200 moving average now moves to $4.26. The company has a market cap of $7,330m. Company Website: https://www.cemex.com
The potential market cap would be $9,759m 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 14.09, revenue per share of 10.73 and a 3.61% return on assets.
