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

Rating:
Sector Perform
CX
up 29.66 %

Cemex S.a.b. De C.v. (CX) downgraded to Sector Perform by Scotia Capital

Posted on: Tuesday,  Jun 11, 2013  8:25 AM ET by Scotia Capital

Scotia Capital rated Sector Perform Cemex S.a.b. De C.v. (NYSE: CX) on 06/11/2013. Previously Scotia Capital rated Sector Outperform Cemex S.a.b. De C.v. (NYSE:
CX) on 08/22/2012., when the stock price was $7.93. Since then, Cemex S.a.b. De C.v. has gained 29.66% as of 06/11/2013's recent price of $10.28.
If you would have followed the previous Scotia Capital's recommendation on CX, you would have gained 29.66% of your investment in 293 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.

Scotia Capital has well-respected research capabilities in fixed income research, equity research, economics, and foreign exchange. We offer coverage for Canada, the United States, and Mexico. In the Unites States, we offer in debt research coverage on the US investment grade debt and high yield debt markets. Publications include daily and weekly company reports and industry reports. This research is also available through SC Online, as well as through Bloomberg.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/11/2013 8:25 AM Hold
None
10.28
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD up  8.51 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/22/2012 10:25 AM Buy
None
7.93

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