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

Buy CX
down 32.71 %

Cemex S.a.b. De C.v. (CX) rated Buy with price target $15 by Jefferies

Posted on: Tuesday,  Apr 27, 2010  8:25 AM ET by Jefferies

Jefferies rated Buy Cemex S.a.b. De C.v. (NYSE: CX) on 04/27/2010, when the stock price was $11.41. Since
then, Cemex S.a.b. De C.v. has lost 32.72% as of 10/23/2015's recent price of $7.68.
If you would have followed this Jefferies's recommendation on CX, you would have lost 32.71% of your investment in 2005 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.

Jefferiess' research efforts cover U.S. & International equity, high yield, convertibles, derivatives and option strategies, investment grade fixed income, post-reorganization securities, as well as special situations and quantitative research. Our team of more than 150 research professionals covers nearly 1,200 companies in more than 40 industries worldwide. Our analysts focus on identifying emerging industry themes while providing in-depth, thought provoking, objective research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/27/2010 8:25 AM Buy
11.41 14.40
as of 12/31/2010
1 Week down  -5.17 %
1 Month up  11.50 %
3 Months up  18.58 %
1 YTD down  -15.22 %

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