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

Rating:
Buy CX
down 21.87 %

Cemex S.a.b. De C.v. (CX) upgraded to Buy with price target $15 by Deutsche Securities

Posted on: Monday,  Aug 17, 2009  8:25 AM ET by Deutsche Securities

Deutsche Securities rated Buy Cemex S.a.b. De C.v. (NYSE: CX) on 08/17/2009, when the stock price was $9.83.
Since then, Cemex S.a.b. De C.v. has lost 21.88% as of 10/23/2015's recent price of $7.68.
If you would have followed this Deutsche Securities's recommendation on CX, you would have lost 21.87% of your investment in 2258 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.

Deutsche Bank's award-winning Research team manages a range of functions from asset allocation, through economic forecasting across a broad range of industry sectors including cement and construction, chemicals, electronics, energy, engineering, machinery, media, software, tobacco, retailing and utilities, and oil and gas.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/17/2009 8:25 AM Buy
None
9.83 14.40
as of 12/31/2009
1 Week down  -16.06 %
1 Month down  -10.71 %
3 Months down  -21.98 %
1 YTD down  -1.56 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/8/2008 8:25 AM Hold
None
20.22

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