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Cemex SAB de CV has a consensus price target of $7.14 based on the ratings of 9 analysts. The high is $10 issued by Goldman Sachs on April 26, 2024. The low is $4.9 issued by Redburn Partners on December 8, 2022. The 3 most-recent analyst ratings were released by RBC Capital, Scotiabank, and Scotiabank on December 11, 2024, November 1, 2024, and October 29, 2024, respectively. With an average price target of $7.37 between RBC Capital, Scotiabank, and Scotiabank, there's an implied 31.31% upside for Cemex SAB de CV from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Cemex (NYSE:CX) was reported by RBC Capital on December 11, 2024. The analyst firm set a price target for $5.00 expecting CX to fall to within 12 months (a possible -10.87% downside). 16 analyst firms have reported ratings in the last year.
The latest analyst rating for Cemex (NYSE:CX) was provided by RBC Capital, and Cemex downgraded their underperform rating.
The last upgrade for Cemex SAB de CV happened on October 8, 2024 when RBC Capital raised their price target to $6.5. RBC Capital previously had an underperform for Cemex SAB de CV.
The last downgrade for Cemex SAB de CV happened on December 11, 2024 when RBC Capital changed their price target from $6 to $5 for Cemex SAB de CV.
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 December 11, 2024 so you should expect the next rating to be made available sometime around December 11, 2025.
While ratings are subjective and will change, the latest Cemex (CX) rating was a downgraded with a price target of $6.00 to $5.00. The current price Cemex (CX) is trading at is $5.61, which is out of the analyst’s predicted range.
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