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

Rating:
Overweight
CX
down 20.15 %

Cemex S.a.b. De C.v. (CX) upgraded to Overweight by Morgan Stanley

Posted on: Tuesday,  Jun 25, 2013  8:25 AM ET by Morgan Stanley

Morgan Stanley rated Overweight Cemex S.a.b. De C.v. (NYSE: CX) on 06/25/2013, when the stock price was $9.62.
Since then, Cemex S.a.b. De C.v. has lost 20.16% as of 10/23/2015's recent price of $7.68.
If you would have followed this Morgan Stanley's recommendation on CX, you would have lost 20.15% of your investment in 850 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.

Morgan Stanley Investment Research is one of the financial industry's dominant thought leaders in equity and fixed-income investing. Our analysts, economists, and strategists have earned this reputation through timely, in-depth analysis of companies, industries, markets, and the world’s economies. Our teams collaborate to assist Morgan Stanley clients with investment decisions, using cash and derivative instruments across major asset classes and geographies.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/25/2013 8:25 AM Buy
None
9.62
as of 12/13/2013
1 Week down  -0.78 %
1 Month up  8.65 %
3 Months down  -1.38 %
1 YTD up  14.07 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/11/2012 9:25 AM Hold
None
8.76

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