Cemex SAB de CV (CX) Receives Consensus Recommendation of "Hold" from Analysts

From the session open, shares have moved -1.39%. Taseko Mines Limited (NYSEMKT:TGB) has declined 8.06% since April 7, 2017 and is downtrending. It has underperformed by 11.55% the S&P500. The stock of CEMEX, S.A.B.de C.V. (NYSE:CX) earned "Sector Perform" rating by Scotia Capital on Wednesday, April 6. The fund owned 4,409,630 shares of the construction company's stock after purchasing an additional 504,390 shares during the quarter. Ally Financial Inc who had been investing in Amazon.Com Inc for a number of months, seems to be less bullish one the $680.28B market cap company. The stock decreased 6.67% or $0.08 during the last trading session, reaching $1.12. The stock of CEMEX, S.A.B.de C.V. (NYSE:CX) has "Outperform" rating given on Friday, March 18 by Credit Suisse. Asset owns 4,293 shares for 0.04% of their portfolio.

CEMEX, S.A.B.de C.V., together with its subsidiaries, produces, markets, distributes, and sells cement, ready-mix concrete, aggregates, clinker, and other construction materials.

Shifting gears to the Relative Strength Index, the 14-day RSI is now sitting at 48.41, the 7-day is 54.96, and the 3-day is now at 72.78 for CEMEX, S.A.B.de C.V. (NYSE:CX). Therefore 33% are positive.

Let's take a look at some of the numbers for CEMEX, S.A.B.de C.V. (NYSE:CX). As per Monday, August 15, the company rating was downgraded by Santander. The company was downgraded on Monday, December 14 by Credit Suisse. Longbow upgraded it to "Buy" rating and $12 target in Friday, March 31 report. (NASDAQ:FSLR) rating on Wednesday, December 6. If wall street analysts are trustworthy in your books, it might be worth noting that they have a 2.3 recommendation on CEMEX, S.A.B.de C.V. (NYSE:CX) with a 1-year future price target of $9.8. The firm has "Hold" rating by BMO Capital Markets given on Thursday, June 1. Citigroup upgraded CEMEX, S.A.B.de C.V. (NYSE:CX) rating on Monday, October 23. The analysts, on average, are forecasting a $3.76 price target, but the stock is already up 21.27% from its recent lows.

Teacher Retirement System of Texas bought a new position in shares of CEMEX SAB de CV (NYSE:CX) during the third quarter, Holdings Channel reports. Macquarie Research downgraded the shares of CX in report on Friday, January 8 to "Neutral" rating.

Ashmore Group Plc, which manages about $261.74 million US Long portfolio, decreased its stake in Pampa Energia S A (NYSE:PAM) by 80,080 shares to 99,058 shares, valued at $6.66M in 2017Q4, according to the filing.

Since March 2, 2018, it had 0 insider buys, and 5 sales for $13.72 million activity. Zacks Investment Research raised shares of Cemex from a "sell" rating to a "hold" rating in a research report on Thursday, February 1st. $187,980 worth of First Solar, Inc. Class A (NYSE:VNTV) was sold by TAYLOR MATT. Martin Kimberly had sold 5,308 shares worth $440,365. 4,325 shares were sold by Bradley Alexander R., worth $294,619 on Monday, March 12.

Investors sentiment increased to 1.29 in 2017 Q4. Its down 0.23, from 1.19 in 2017Q3. It is positive, as 37 investors sold FSLR shares while 98 reduced holdings. Given that its average daily volume over the 30 days has been 13.37 million shares a day, this signifies a pretty significant change over the norm. Bokf Na reported 19,955 shares stake.

Invesco Ltd, which manages about $277.31 billion US Long portfolio, upped its stake in Ionis Pharmaceuticals Inc by 90,061 shares to 221,506 shares, valued at $11.14 million in 2017Q4, according to the filing. New Mountain Vantage Advisers Ltd Liability owns 581,916 shares. Capital Guardian Trust reported 0.93% in Amazon.com, Inc. Class A (NYSE:VNTV). Franklin Resources Inc, a California-based fund reported 1.19 million shares.

Earnings Per Share (EPS), the portion of a company's profit distributed to each outstanding common share, is a useful indicator of a company's profitability. Taseko Mines Ltd now has $255.47M valuation. Asset accumulated 7,333 shares. Dimensional Fund Advisors LP boosted its stake in shares of CEMEX SAB de CV by 1.7% in the second quarter. It also reduced its holding in Ollies Bargain Outlt Hldgs I by 9,974 shares in the quarter, leaving it with 71,420 shares, and cut its stake in Laboratory Corp Amer Hldgs (NYSE:LH). Monness Crespi & Hardt has "Buy" rating and $705 target. Therefore 47% are positive. Vantiv Inc had 98 analyst reports since July 31, 2015 according to SRatingsIntel. The firm has "Overweight" rating given on Tuesday, August 9 by PiperJaffray. Vetr upgraded Chevron Corporation (NYSE:CVX) rating on Tuesday, August 25. Barclays Capital maintained the stock with "Equal-Weight" rating in Monday, January 25 report. The rating was maintained by RBC Capital Markets on Tuesday, January 30 with "Sell".

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