Shares of CEMEX, S.A.B. de C.V. (NYSE:CX – Get Rating) have received an average recommendation of “Hold” from the eight research firms that are presently covering the firm, MarketBeat.com reports. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $6.18.
Several research firms have issued reports on CX. StockNews.com downgraded shares of CEMEX from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 12th. Exane BNP Paribas cut shares of CEMEX from an “outperform” rating to a “neutral” rating in a research report on Tuesday, September 20th. Finally, BNP Paribas cut shares of CEMEX from an “outperform” rating to a “neutral” rating and set a $4.00 price objective for the company. in a research report on Tuesday, September 20th.
CEMEX Price Performance
NYSE:CX opened at $4.50 on Friday. The company has a market cap of $6.62 billion, a PE ratio of 5.70, a P/E/G ratio of 0.53 and a beta of 1.31. CEMEX has a twelve month low of $3.20 and a twelve month high of $6.93. The company has a current ratio of 0.87, a quick ratio of 0.59 and a debt-to-equity ratio of 0.63. The company’s 50 day moving average is $3.73 and its two-hundred day moving average is $3.96.
Hedge Funds Weigh In On CEMEX
CEMEX Company Profile
CEMEX, SAB. 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.
- Get a free copy of the StockNews.com research report on CEMEX (CX)
- MarketBeat: Week in Review 11/14 – 11/18
- Target’s Double Bottom Might Have Just Been Confirmed
- How High Can the Fed Go? How to Trade it
- Does ASML’s November Rally Have Staying Power?
- Verra Mobility Stock Has Returned Back to the Station
Receive News & Ratings for CEMEX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CEMEX and related companies with MarketBeat.com's FREE daily email newsletter.