News stories about Cemex S.A.B. de C.V. (NYSE:CX) have trended somewhat positive this week, according to Accern. The research group ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Cemex S.A.B. de C.V. earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned news coverage about the construction company an impact score of 46.0474446660766 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

These are some of the news articles that may have effected Accern Sentiment Analysis’s scoring:

A number of research firms have recently issued reports on CX. Citigroup Inc. cut Cemex S.A.B. de C.V. from a “neutral” rating to a “sell” rating and set a $9.00 price objective on the stock. in a research report on Monday, July 17th. BidaskClub upgraded Cemex S.A.B. de C.V. from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, July 12th. Zacks Investment Research upgraded Cemex S.A.B. de C.V. from a “hold” rating to a “strong-buy” rating and set a $11.00 price objective on the stock in a research report on Thursday, April 6th. Bank of America Corporation upgraded Cemex S.A.B. de C.V. from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $10.10 to $10.60 in a research report on Tuesday, June 20th. Finally, Morgan Stanley upgraded Cemex S.A.B. de C.V. from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $8.50 to $11.00 in a research report on Tuesday, April 4th. One research analyst has rated the stock with a sell rating, three have given a hold rating, eight have given a buy rating and four have assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $10.62.

Cemex S.A.B. de C.V. (NYSE:CX) traded down 0.10% during trading on Tuesday, reaching $10.11. The company’s stock had a trading volume of 1,869,650 shares. Cemex S.A.B. de C.V. has a 1-year low of $6.58 and a 1-year high of $10.37. The company’s 50 day moving average price is $9.51 and its 200-day moving average price is $8.78. The stock has a market cap of $147.63 billion, a P/E ratio of 138.49 and a beta of 1.34.

Cemex S.A.B. de C.V. (NYSE:CX) last posted its quarterly earnings data on Thursday, April 27th. The construction company reported $0.14 EPS for the quarter, topping the Zacks’ consensus estimate of $0.05 by $0.09. Cemex S.A.B. de C.V. had a return on equity of 8.54% and a net margin of 7.66%. The firm had revenue of $3.14 billion for the quarter. Equities analysts forecast that Cemex S.A.B. de C.V. will post $0.56 earnings per share for the current fiscal year.

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Cemex S.A.B. de C.V. Company Profile

CEMEX, SAB. de C.V. (CEMEX) is an operating and holding company engaged, directly or indirectly, through its operating subsidiaries, primarily in the production, distribution, marketing and sale of cement, ready-mix concrete, aggregates, clinker and other construction materials throughout the world, and that provides construction-related services to customers and communities in over 50 countries throughout the world.

Insider Buying and Selling by Quarter for Cemex S.A.B. de C.V. (NYSE:CX)

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