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Cemex Analyst Ratings

Benzinga ·  Nov 2, 2023 08:54
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
11/02/2023 30.37% Citigroup → $8.2 Reinstates → Buy
07/28/2023 43.08% JP Morgan $8 → $9 Maintains Overweight
05/15/2023 14.47% B of A Securities → $7.2 Downgrades Buy → Neutral
05/05/2023 11.29% Citigroup → $7 Downgrades Buy → Neutral
05/04/2023 43.08% Goldman Sachs $5.9 → $9 Upgrades Neutral → Buy
02/16/2023 -6.2% Goldman Sachs $5.2 → $5.9 Maintains Neutral
12/08/2022 -22.1% Redburn Partners → $4.9 Initiates Coverage On → Neutral
06/10/2022 -20.51% Berenberg $7.2 → $5 Downgrades Buy → Hold
04/05/2022 -4.61% Goldman Sachs $9.2 → $6 Downgrades Buy → Neutral
01/26/2022 27.19% Barclays $9 → $8 Maintains Overweight
10/29/2021 43.08% Barclays $11 → $9 Maintains Overweight
10/11/2021 66.93% Berenberg $11 → $10.5 Maintains Buy
06/25/2021 74.88% Barclays $10 → $11 Maintains Overweight
11/30/2020 BBVA Upgrades Market Perform → Outperform
11/18/2020 Citigroup Initiates Coverage On → Buy
09/29/2020 -28.46% UBS → $4.5 Initiates Coverage On → Buy
09/15/2020 -18.92% Goldman Sachs → $5.1 Upgrades Neutral → Buy
09/11/2020 -33.23% Scotiabank $3.7 → $4.2 Maintains Sector Perform
09/08/2020 JP Morgan Upgrades Neutral → Overweight
07/15/2020 -41.18% Credit Suisse $2.1 → $3.7 Upgrades Neutral → Outperform
06/18/2020 -44.36% B of A Securities $3 → $3.5 Maintains Buy
02/13/2020 -23.69% B of A Securities $5 → $4.8 Maintains Buy
04/29/2019 -12.56% Morgan Stanley $8 → $5.5 Downgrades Overweight → Equal-Weight
04/11/2019 -12.56% Goldman Sachs → $5.5 Initiates Coverage On → Neutral

What is the target price for Cemex (CX)?

The latest price target for Cemex (NYSE: CX) was reported by Citigroup on November 2, 2023. The analyst firm set a price target for $8.20 expecting CX to rise to within 12 months (a possible 30.37% upside). 7 analyst firms have reported ratings in the last year.

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

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

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

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 November 2, 2023 so you should expect the next rating to be made available sometime around November 2, 2024.

Is the Analyst Rating Cemex (CX) correct?

While ratings are subjective and will change, the latest Cemex (CX) rating was a with a price target of $0.00 to $8.20. The current price Cemex (CX) is trading at is $6.29, which is within the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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