Price Target Summary: CEMEX, S.A.B. de C.V. (CX)

Angelica Greene
May 18, 2017

The share price has moved forward from its 20 days moving average, trading at a distance of 5.1% and stays 10.53% away from its 50 days moving average. Essentially, a price target is an individual analyst's expectation on the future price of a security, usually a stock. Deutsche Bank AG upgraded shares of America Movil SAB de CV from a "sell" rating to a "hold" rating and set a $10.00 price objective on the stock in a report on Monday, April 24th. As per Tuesday, January 26, the company rating was upgraded by Morgan Stanley.

10/21/2015 - America Movil, S.A.B.de C.V. was upgraded to "underperform" by analysts at RBC Capital. The firm has "Neutral" rating by Citigroup given on Friday, October 28.

11/22/2016 - America Movil, S.A.B.de C.V. was upgraded to "buy" by analysts at Bank of America Merrill Lynch. Westwood Global Investments LLC boosted its position in shares of America Movil SAB de CV by 3.0% in the fourth quarter.

CEMEX, S.A.B.de C.V. (CX) has an annual dividend of $0, while its annual dividend yield is 0%.

America Movil, S.A.B.de C.V.is a holding company. The legal version of this report can be viewed at https://sportsperspectives.com/2017/05/16/somewhat-critical-press-coverage-unlikely-to-impact-america-movil-sab-de-cv-amx-share-price.html. As per Thursday, April 28, the company rating was downgraded by Bank of America. A total of 3.04 million shares exchanged at hands and its average trading volume is standing at 3.22 million shares.

Relative strength index (RSI-14) for America Movil, S.A.B.de C.V. (AMX) is at 67.07.

Online speculators increasing bets on early end to Trump presidency
House Democrats have also launched a petition to establish an independent commission to investigate the Trump campaign's alleged Russian Federation ties.

Mourinho done with EPL games after latest defeat
Despite their lacklustre form in the Premier League, Manchester United could finish the season with two trophies in their bag and qualification for next season's Champions League.

Jefferson Davis Statue Loses Battle of New Orleans
Monument supporters say each of the statues weighs tons and they feared moving the aging icons could result in significant damage. Four days later, as the Davis statue was coming down, an op-ed by Landrieu was published on The Washington Post's website.

Stock has got outperform rating from 1 analyst of Thomson Reuters whereas 10 analysts given hold rating to the stock. JP Morgan downgraded the stock to "Underweight" rating in Thursday, April 28 report.

EPS growth is an important number as it provides an indication of the future prospects of a company. The company has market cap of $53.50 billion. It has a 31.03 P/E ratio. The Company's services include mobile and fixed-line voice services, wireless and fixed data services, Internet access and pay television, sales of equipment, accessories and computers, as well as other related services.

Brandes Investment Partners Lp increased Ishares Tr (ACWI) stake by 8,341 shares to 15,349 valued at $908,000 in 2016Q4. Shaheen Allen sold $201,525 worth of stock.

Investors sentiment increased to 2.54 in 2016 Q4. It dived, as 82 investors sold CTSH shares while 305 reduced holdings. 1,666 shares valued at $29,827 were bought by Clayman Michael D. on Monday, November 21. 5,000 shares valued at $294,000 were sold by McLoughlin Karen on Thursday, February 23. 103 funds opened positions while 243 raised stakes. It also upped Enel Chile S A stake by 249,707 shares and now owns 5.19 million shares. Based on an average daily volume of 3,471,489 shares, the days-to-cover ratio is now 6.8 days. Johnson Investment Counsel invested in 0.5% or 292,209 shares. Twenty First Centy Fox Inc (NASDAQ:FOXA) was raised too. State Street holds 0% of its portfolio in Flexion Therapeutics Inc (NASDAQ:FLXN) for 391,606 shares.

Receive America Movil, S.A.B.de C.V. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for America Movil, S.A.B.de C.V. with MarketBeat.com's FREE daily email newsletter.

Other reports by GizPress

Discuss This Article

FOLLOW OUR NEWSPAPER