Cemex SAB de CV (ADR) (NYSE:CX) stock price target increased to $9.00, issued a research note today by Zacks Investment Research
- Updated: October 3, 2016
In a report issued 10/03/2016 Zacks Investment Research raised the price target of Cemex SAB de CV (ADR) (NYSE:CX) to $9.00 stating a potential upside of 0.13%.
On 9/6/2016, Vetr Inc. released a statement about Cemex SAB de CV (ADR) (NYSE:CX) upped the target price from $0.00 to $9.74 that suggested an upside of 0.14%.
Having a price of $7.93, Cemex SAB de CV (ADR) (NYSE:CX) traded -0.13% lower on the day. With the last stock price up 11.01% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. CX has recorded a 50-day average of $8.11 and a two hundred day average of $7.14. Trade Volume was down over the average, with 7,684,384 shares of CX changing hands under the typical 12,758,100
Recent Performance Chart
Cemex SAB de CV (ADR) has PE ratio of 377.62 with a one year low of $3.50 and a one year high of $9.09 and has a market capitalization of $0.
A total of 17 brokerages have issued a ratings update on Cemex SAB de CV (ADR). Three brokerages rating the company a strong buy, eight brokerages rating the company a buy, six brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $9.25.
General Company Details For Cemex SAB de CV (ADR) (NYSE:CX)
CEMEX, S.A.B. de C.V. (CEMEX) is an operating and holding company engaged, directly or indirectly, through its operating subsidiaries, primarily in the production, distribution, marketing and sale of cement, ready-mix concrete, aggregates, clinker and other construction materials throughout the world, and that provides construction-related services to customers and communities in over 50 countries throughout the world. The Company operates in various locations, including Mexico, the United States, Europe, South America, Central America, the Caribbean, Asia, the Middle East and Africa. Its cement production facilities are located in Mexico, the United States, Spain, Egypt, Germany, Colombia, the Philippines, Poland, the Dominican Republic, the United Kingdom, Panama, Latvia, Puerto Rico, Thailand, Costa Rica and Nicaragua. The Company is a supplier of aggregates, primarily the crushed stone, sand and gravel, used in various forms of construction.
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