Cemex, S.A.B. de C.V. Sponsored found using ticker (CX) now have 19 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 14.5 and 6.35 calculating the average target price we see 10.64. Given that the stocks previous close was at 5.63 this now indicates there is a potential upside of 89.0%. There is a 50 day moving average of 6.24 while the 200 day moving average is 7.22. The company has a market cap of $8,282m. Company Website: https://www.cemex.com
The potential market cap would be $15,652m 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, clinker, 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 projects, pavement projects, and green building consultancy services; cement trade maritime services; and information technology solutions. The company operates approximately 2,000 retail stores in approximately 600 cities. CEMEX, S.A.B. de C.V. was founded in 1906 and is headquartered in San Pedro Garza GarcÃa, Mexico.
