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

Rating:
Sector Perform
CX

Cemex S.a.b. De C.v. (CX) rated Sector Perform with price target $3 by RBC Capital Mkts

Posted on: Wednesday,  Oct 5, 2011  10:25 AM ET by RBC Capital Mkts

Cemex S.a.b. De C.v. (NYSE: CX)
rated Sector Perform with price target $3 by RBC Capital Mkts.

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.

RBC Capital Markets is an international corporate and investment bank that provides innovative solutions and a focused set of products and services to institutions, corporations, governments and high net worth clients around the world. With nearly 3,700 professional and support staff, we operate out of 75 offices in 15 countries and deliver our products and services through operations in Asia and Australasia, the UK and Europe and in every major North American city.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/5/2011 10:25 AM Hold
None
2.79 2.88
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

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