Shares of Cemex S.A.B. de C.V. ( NYSE:CX – Get Free Report ) have received a consensus recommendation of “Moderate Buy” from the twelve ratings firms that are covering the stock, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $13.0667.
A number of equities research analysts recently commented on CX shares. Santander raised shares of Cemex to an “outperform” rating in a research note on Thursday, June 11th. Barclays raised their price objective on shares of Cemex from $15.00 to $16.00 and gave the stock an “overweight” rating in a research note on Friday, July 24th. Wall Street Zen cut Cemex from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Royal Bank Of Canada boosted their target price on shares of Cemex from $12.75 to $13.50 and gave the company a “sector perform” rating in a research note on Friday, July 24th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Cemex in a report on Friday, August 21st.
Get Cemex alerts: View Our La...