Cemex, S.A.B. de C.V. Sponsored with ticker code (CX) now have 19 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 10 and 4 with the average target price sitting at 6.21. With the stocks previous close at 4.57 this indicates there is a potential upside of 35.9%. There is a 50 day moving average of 3.68 while the 200 day moving average is 4.32. The company has a market capitalisation of $6,696m. Company Website: https://www.cemex.com
The potential market cap would be $9,099m 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.
