Cemex SAB de CV (NYSE:CX) issued its quarterly earnings data on Thursday. The company reported ($0.13) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.01) by $0.12, StockRatingsNetwork reports.
A number of analysts have recently weighed in on CX shares. Analysts at Jefferies Group reiterated a “positive” rating on shares of Cemex SAB de CV in a research note to investors on Thursday, August 29th. On the ratings front, analysts at BNP Paribas initiated coverage on shares of Cemex SAB de CV in a research note to investors on Monday, August 12th. They set an “outperform” rating and a $14.00 price target on the stock. Finally, analysts at Citigroup Inc. upgraded shares of Cemex SAB de CV from a “neutral” rating to a “buy” rating in a research note to investors on Monday, August 12th. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Cemex SAB de CV has a consensus rating of “Buy” and a consensus price target of $12.95.
Cemex SAB de CV (NYSE:CX) traded up 3.69% on Thursday, hitting $10.97. The stock had a trading volume of 33,947,488 shares. Cemex SAB de CV has a one year low of $7.0865 and a one year high of $12.57. The stock’s 50-day moving average is $11. and its 200-day moving average is $11.34. The company’s market cap is $12.470 billion.
CEMEX SAB de CV (NYSE:CX) is a Mexico-based company principally engaged, through its subsidiaries, in the cement manufacturing.
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