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Shares of Cemex S.A.B. de C.V. (Symbol: CX) have surpassed the average analyst 12-month target price of $7.51, trading at $7.66 as of the recent trading session. Investor decisions may hinge on whether to reassess the company’s valuation or expect further gains.
There are 10 analyst targets contributing to the average, ranging from a low of $4.00 to a high of $12.00, with a standard deviation of $2.463. Currently, Cemex holds three strong buy ratings, one buy, and three hold ratings, reflecting a stable outlook among analysts with an average rating of 1.93, where 1 is a strong buy and 5 is a strong sell.
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