Cemex SAB de CV (NYSE:CX)‘s stock had its “positive” rating reaffirmed by Jefferies Group in a research note issued on Thursday, Analyst Ratings.Net reports.
Several other analysts have also recently commented on the stock. 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. Separately, 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. Finally, analysts at Barclays Capital raised their price target on shares of Cemex SAB de CV from $12.00 to $13.00 in a research note to investors on Friday, August 2nd. They now have an “overweight” rating on the stock.
Five analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Cemex SAB de CV presently has a consensus rating of “Buy” and an average price target of $12.95.
Cemex SAB de CV (NYSE:CX) opened at 11.14 on Thursday. Cemex SAB de CV has a 52 week low of $7.0865 and a 52 week high of $12.57. The stock’s 50-day moving average is $11.69 and its 200-day moving average is $11.25. The company’s market cap is $12.663 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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