<div id="readability-page-1"><p><span>Cemex (NYSE:CX - Get Free Report)</span> had its price target boosted by JPMorgan Chase &amp; Co.  from $14.00 to $14.50 in a research report issued to clients and investors on Friday,Benzinga reports. The firm presently has an &#34;overweight&#34; rating on the construction company's stock. JPMorgan Chase &amp; Co.'s price objective would indicate a potential upside of 15.03% from the company's current price.</p><ul><li>The Housing Market Is in Trouble - What to Watch Out For</li></ul><p>Several other research firms also recently commented on CX. Weiss Ratings  reaffirmed a &#34;hold (c)&#34; rating on shares of Cemex in a report on Wednesday, January 21st. Morgan Stanley raised shares of Cemex from an &#34;equal weight&#34; rating to an &#34;overweight&#34; rating and set a $14.00 price target on the stock in a research report on Monday, March 23rd. HSBC cut shares of Cemex from a &#34;buy&#34; rating to a &#34;hold&#34; rating and set a $12.80 price target on the stock. in a research note on Friday, February 6th. Royal Bank Of Canada  reissued a &#34;sector perform&#34; rating on shares of Cemex in a report on Friday. Finally, Barclays  reaffirmed an &#34;overweight&#34; rating on shares of Cemex in a report on Thursday, March 12th. Six investment analysts have rated the stock with a Buy rating and six have issued  a Hold rating to the stock. According to data from MarketBeat, the company  has a consensus rating of &#34;Moderate Buy&#34; and an average price target of $12.27.</p><p><b>Get Our Latest Stock Report on Cemex</b></p><h2>Cemex Stock Performance</h2><ul><li>Trade War Bargain Stocks: Top 3 Picks Too Good to Pass Up</li></ul><p>Shares of NYSE CX traded up $0.10 during mid-day trading on Friday, reaching $12.61. 1,316,110 shares of the company's stock were exchanged, compared to its average volume of 6,794,715. The firm has a market capitalization of $18.26 billion, a price-to-earnings ratio of 19.07 and a beta of 1.60. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.83 and a quick ratio of 0.62. Cemex has a 52 week low of $5.57 and a 52 week high of $13.35. The firm has a 50-day moving average price of $11.56 and a two-hundred day moving average price of $11.26. </p><p>Cemex (NYSE:CX - Get Free Report) last released its earnings results on Thursday, April 23rd. The construction company reported $0.16 earnings per share for the quarter, beating analysts' consensus estimates of $0.12 by $0.04. Cemex had a net margin of 5.93% and a return on equity of 2.85%. The firm had revenue of $4.02 billion for the quarter, compared to analysts' expectations of $3.86 billion.  Analysts predict that  Cemex will post 0.85 EPS for the current year. </p><h2>Institutional Trading of Cemex</h2><ul><li>Crane Stock Soars, But the Best Could Be Yet to Come: Here's Why</li></ul><p>Hedge funds have recently added to or reduced their stakes in the business. Kestra Advisory Services LLC bought a new stake in shares of  Cemex in the 4th quarter valued at about $34,000.  Ameriflex Group Inc. raised its stake in  Cemex by 100.0% in the third quarter. Ameriflex Group Inc. now owns 3,488 shares of the construction company's stock worth $31,000 after buying an additional 1,744 shares in the last quarter.  WealthCollab LLC lifted its stake in shares of  Cemex by 73.7% in the 2nd quarter. WealthCollab LLC now owns 3,724 shares of the construction company's stock valued at $26,000 after purchasing an additional 1,580 shares during the period.  Reyes Financial Architecture Inc. purchased a new position in  Cemex during the third quarter valued at $36,000.  Finally, Northwestern Mutual Wealth Management Co. lifted its position in  Cemex by 256.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,298 shares of the construction company's stock valued at $30,000 after acquiring an additional 3,093 shares during the period. 82.97% of the stock is owned by institutional investors. </p><h2>Cemex Company Profile</h2> (Get Free Report)<p>Cemex <span>NYSE: CX<span></span></span> is a global building materials company headquartered in Monterrey, Mexico. The company produces, distributes and sells cement, ready-mix concrete and aggregates, as well as related building materials, to construction markets in more than 50 countries. Cemex's product portfolio also includes asphalt and mortar mixes, waste-derived fuels and other complementary construction solutions, supported by a network of production facilities, distribution centers and logistics operations.  </p><p>Founded in 1906 as Cementos Hidalgo, the company adopted the Cemex name in 1976 following a series of domestic mergers and expansions.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Cemex</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNY?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNY"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Cemex Right Now?</h2><p>Before you consider Cemex, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cemex wasn't on the list.</p><p>While Cemex currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>JPMorgan Chase & Co. has raised its price target for Cemex (NYSE:CX) from $14.00 to $14.50, maintaining an "overweight" rating. This new target suggests a potential upside of 15.03% from the current price. Other firms have also provided ratings, with a consensus of "Moderate Buy" and an average price target of $12.27. Cemex's stock recently traded at $12.61, with a market cap of $18.26 billion. The company reported earnings of $0.16 per share, exceeding estimates, and had revenue of $4.02 billion for the quarter.</p>

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Cemex SA

JPMorgan Chase

Morgan Stanley

HSBC Holdings Plc

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ROYAL BANK OF CANADA

Barclays

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

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JPMorgan Chase & Co.

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MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

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MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

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Cemex (NYSE:CX) Price Target Raised to $14.50