Cemex
(NYSE:CX)
$7.91
0[0.00%]
Last update: 4:03PM Get Real Time Here
Q1 2024 Earnings were released on Thu Apr 25th, before the market open
The most recent conference call was at 11:00 AM, 6 days ago Click to view past webcast
Cemex (CX) announced it will sell assets to DACON Corporation, DMCI Holdings, Inc. and Seminara Mining & Power Corporation on Thursday, April 25, 2024 for $660.0M
Consensus Rating1
Buy
Highest Price Target1
$10.50
Lowest Price Target1
$4.90
Consensus Price Target1
$8.20

Cemex Stock (NYSE:CX), Analyst Ratings, Price Targets, Predictions

Cemex SAB de CV has a consensus price target of $8.2, established from looking at the 17 latest analyst ratings. The last 3 analyst ratings were released from Goldman Sachs, B of A Securities, and Barclays on April 26, 2024, April 24, 2024, and February 9, 2024. With an average price target of $9.33 between Goldman Sachs, B of A Securities, and Barclays, there's an implied 19.66% upside for Cemex SAB de CV from these 3 analyst ratings.

Analyst Trend
1
Nov 23
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Apr
Buy
Hold
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Strong Sell
Analyst Rating
12345
3.2
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Goldman Sachs
B of A Securities
Barclays
Citigroup
JP Morgan

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Cemex

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FAQ

Q

What is the target price for Cemex (CX)?

A

The latest price target for Cemex (NYSE: CX) was reported by Goldman Sachs on April 26, 2024. The analyst firm set a price target for $10.00 expecting CX to rise to within 12 months (a possible 26.42% upside). 9 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Cemex (CX)?

A

The latest analyst rating for Cemex (NYSE: CX) was provided by Goldman Sachs, and Cemex maintained their buy rating.

Q

When was the last upgrade for Cemex (CX)?

A

The last upgrade for Cemex SAB de CV happened on January 9, 2024 when B of A Securities raised their price target to $9. B of A Securities previously had a neutral for Cemex SAB de CV.

Q

When was the last downgrade for Cemex (CX)?

A

The last downgrade for Cemex SAB de CV happened on April 24, 2024 when B of A Securities changed their price target from $9 to $9 for Cemex SAB de CV.

Q

When is the next analyst rating going to be posted or updated for Cemex (CX)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cemex, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Cemex was filed on April 26, 2024 so you should expect the next rating to be made available sometime around April 26, 2025.

Q

Is the Analyst Rating Cemex (CX) correct?

A

While ratings are subjective and will change, the latest Cemex (CX) rating was a maintained with a price target of $9.00 to $10.00. The current price Cemex (CX) is trading at is $7.91, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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