$6.00
-0.18-2.91%
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Cemex
CXNYSE
Cemex (NYSE:CX) Stock, Analyst Ratings, Price Targets, Forecasts
Cemex SAB de CV has a consensus price target of $8.29 based on the ratings of 17 analysis. The 3 most-recent analyst ratings were released by RBC Capital, Goldman Sachs, and B of A Securities on May 14, 2024, April 26, 2024, and April 24, 2024, respectively. With an average price target of $9.33 between RBC Capital, Goldman Sachs, and B of A Securities, there's an implied 55.56% upside for Cemex SAB de CV from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
RBC Capital
Goldman Sachs
B of A Securities
Barclays
Citigroup
1calculated from analyst ratings
Analyst Ratings for Cemex
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/14/2024 | Buy Now | 50% | RBC Capital | Anthony Codling | → $9 | Initiates | → Underperform | Get Alert |
| 04/26/2024 | Buy Now | 66.67% | Goldman Sachs | Bruno Amorim | $9 → $10 | Maintains | Buy | Get Alert |
| 04/24/2024 | Buy Now | 50% | B of A Securities | Carlos Peyrelongue | $9 → $9 | Downgrade | Buy → Neutral | Get Alert |
| 02/09/2024 | Buy Now | 50% | Barclays | Benjamin Theurer | → $9 | Downgrade | Overweight → Equal-Weight | Get Alert |
| 01/09/2024 | Buy Now | 50% | B of A Securities | Carlos Peyrelongue | $8.2 → $9 | Upgrade | Neutral → Buy | Get Alert |
| 11/02/2023 | Buy Now | 36.67% | Citigroup | Andres Cardona | → $8.2 | Reinstates | → Buy | Get Alert |
| 07/28/2023 | Buy Now | 50% | JP Morgan | Adrian Huerta | $8 → $9 | Maintains | Overweight | Get Alert |
| 05/15/2023 | Buy Now | 20% | B of A Securities | Carlos Peyrelongue | → $7.2 | Downgrade | Buy → Neutral | Get Alert |
| 05/05/2023 | Buy Now | 16.67% | Citigroup | Andres Cardona | → $7 | Downgrade | Buy → Neutral | Get Alert |
| 05/04/2023 | Buy Now | 50% | Goldman Sachs | Bruno Amorim | $5.9 → $9 | Upgrade | Neutral → Buy | Get Alert |
| 02/16/2023 | Buy Now | -1.67% | Goldman Sachs | Bruno Amorim | $5.2 → $5.9 | Maintains | Neutral | Get Alert |
| 12/08/2022 | Buy Now | -18.33% | Redburn Partners | Yuri Serov | → $4.9 | Initiates | → Neutral | Get Alert |
| 06/10/2022 | Buy Now | -16.67% | Berenberg | Harry Goad | $7.2 → $5 | Downgrade | Buy → Hold | Get Alert |
| 04/05/2022 | Buy Now | — | Goldman Sachs | Bruno Amorim | $9.2 → $6 | Downgrade | Buy → Neutral | Get Alert |
| 01/26/2022 | Buy Now | 33.33% | Barclays | Benjamin Theurer | $9 → $8 | Maintains | Overweight | Get Alert |
| 10/29/2021 | Buy Now | 50% | Barclays | Benjamin Theurer | — | Maintains | Overweight | Get Alert |
| 10/11/2021 | Buy Now | 75% | Berenberg | — | — | Maintains | Buy | Get Alert |
FAQ
What is the target price for Cemex (CX) stock?
The latest price target for Cemex (NYSE:CX) was reported by RBC Capital on May 14, 2024. The analyst firm set a price target for $9.00 expecting CX to rise to within 12 months (a possible 50.00% 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 RBC Capital, and Cemex initiated their underperform rating.
When was the last upgrade for Cemex (CX)?
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.
When was the last downgrade for Cemex (CX)?
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.
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 May 14, 2024 so you should expect the next rating to be made available sometime around May 14, 2025.
Is the Analyst Rating Cemex (CX) correct?
While ratings are subjective and will change, the latest Cemex (CX) rating was a initiated with a price target of $0.00 to $9.00. The current price Cemex (CX) is trading at is $6.00, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.