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Enter Symbol:
 
Cemex S.a.b. De C.v. (CX) [hlAlert]

Rating:
Outperform
CX
up 175.59 %

Cemex S.a.b. De C.v. (CX) upgraded to Outperform by Credit Suisse

Posted on: Wednesday,  Aug 22, 2012  8:25 AM ET by Credit Suisse

Credit Suisse rated Outperform Cemex S.a.b. De C.v. (NYSE: CX) on 08/22/2012. Previously Credit Suisse rated Underperform Cemex S.a.b. De C.v. (NYSE: CX)
on 07/30/2008., when the stock price was $21.24. Since then, Cemex S.a.b. De C.v. has lost 63.71% as of 08/22/2012's recent price of $7.71.
If you would have followed the previous Credit Suisse's recommendation on CX, you would have gained 175.59% of your investment in 1484 days.

CEMEX, S.A.B. de C.V. (CEMEX) is a Mexico-based holding company of entities whose main activities are oriented to the construction industry, through the production, marketing, distribution and sale of cement, ready-mix concrete, aggregates and other construction materials. CEMEX is a global cement manufacturer with operations in North America, Europe, South America, Central America, the Caribbean, Africa, the Middle East, Australia and Asia. The Company, through its operating subsidiaries, is engaged in the production, distribution, marketing and sale of cement, ready-mix concrete, aggregates and clinker. As of December 31, 2008, the Company?s main cement production facilities were located in Mexico, the United States, Spain, the United Kingdom, Germany, Poland, Croatia, Latvia, Colombia, Costa Rica, the Dominican Republic, Panama, Nicaragua, Puerto Rico, Egypt, the Philippines and Thailand. On December 26, 2008, the Company sold its Canary Islands operations.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/22/2012 8:25 AM Buy
None
7.71
as of 12/31/2012
1 Week up  1.54 %
1 Month up  10.89 %
3 Months up  18.48 %
1 YTD down  -26.06 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/30/2008 8:25 AM Sell
None
21.24
10/18/2007 9:25 AM Hold
None
30.00 37.44

(*) Stock Price at the time of the recommendation.
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