BofA Securities upgraded CEMEX S.A. from Neutral to Buy and set a new price target of $9.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/11/2024 | $6.00 → $5.00 | Sector Perform → Underperform | RBC Capital Mkts |
| 10/29/2024 | $7.00 → $6.00 | Overweight → Neutral | JP Morgan |
| 10/8/2024 | $9.00 → $6.50 | Underperform → Sector Perform | RBC Capital Mkts |
| 8/21/2024 | $8.00 | Overweight | JP Morgan |
| 7/31/2024 | $9.00 | Equal Weight → Overweight | Barclays |
| 7/10/2024 | $9.00 | Buy | Goldman |
| 5/14/2024 | $9.00 | Underperform | RBC Capital Mkts |
| 4/24/2024 | $9.00 | Buy → Neutral | BofA Securities |
Cemex received today the 2025 World's Most Ethical Companies® recognition from Ethisphere, a global leader in defining and advancing the standards of ethical business practices. As one of the World's Most Ethical Companies honorees, Cemex has been distinguished for exemplary business integrity, ethics, compliance, and governance standards. Cemex activities are guided by the principles embodied in its ‘Code of Ethics and Business Conduct' which serves as a guideline for establishing the highest standards of behavior within and outside the organization, as well as in interactions with its stakeholders. The list recognizes 136 companies across 19 countries and 44 industries this year. "We ar
Cemex celebrates the 25th anniversary of its El Carmen Nature Reserve on World Wildlife Day, reaffirming its commitment to scientific research, habitat and species conservation and restoration. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250303281696/en/Cemex recently launched a rewilding project at El Carmen that successfully reintroduced the American bison, with 117 now residing in the reserve. Photo credit: Melissa Groo Spanning 130,000 hectares—an area similar in size to Los Angeles—this nature reserve between Mexico and the United States is one of North America's most biodiverse areas and one of the world's greatest wild
Following today's announcement of the retirement of Fernando Gonzalez as CEO of Cemex, and the appointment of Jaime Muguiro as new CEO effective April 1st 2025, Cemex announces the following changes to its senior-level organization. Jesus Gonzalez, current President of Cemex South, Central America, and the Caribbean, has been appointed President of Cemex USA. Sergio Menendez, current President of Cemex Europe, Middle East, and Africa, has been appointed President of Cemex Mexico. Jose Antonio Cabrera, former President of Cemex Dominican Republic and Puerto Rico, has been appointed President of Cemex Europe, Middle East, and Africa. Alejandro Ramirez, current President of Cemex C
RBC Capital Mkts downgraded CEMEX S.A. from Sector Perform to Underperform and set a new price target of $5.00 from $6.00 previously
JP Morgan downgraded CEMEX S.A. from Overweight to Neutral and set a new price target of $6.00 from $7.00 previously
RBC Capital Mkts upgraded CEMEX S.A. from Underperform to Sector Perform and set a new price target of $6.50 from $9.00 previously
SC 13G/A - CEMEX SAB DE CV (0001076378) (Subject)
SC 13G/A - CEMEX SAB DE CV (0001076378) (Subject)
SC 13G - CEMEX SAB DE CV (0001076378) (Subject)
6-K - CEMEX SAB DE CV (0001076378) (Filer)
6-K - CEMEX SAB DE CV (0001076378) (Filer)
6-K - CEMEX SAB DE CV (0001076378) (Filer)
BIRMINGHAM, Ala., March 21, 2023 /PRNewswire/ -- Vulcan Materials Company (NYSE:VMC), the nation's largest producer of construction aggregates, today issued the following statement: On Tuesday, March 14, 2023, CEMEX (NYSE:CX), aided by armed Mexican police and military, forcibly entered Vulcan's port facilities near Playa del Carmen. They are still occupying the property. There is no contract permitting CEMEX's use of Vulcan's port facilities. Although the companies had an agreement for CEMEX to lease a portion of Vulcan's property, that agreement expired on December 31, 2022, without any renewal. Prior to the expiration, CEMEX was formally made aware that negotiation of a new contract would
First quarter 2022 revenue of $42.9 million, driven by the $50.0 million licensing and royalty agreement with Atlas Renewable. GAAP operating income of $20.8 million. GAAP net loss of $20.1 million impacted by one-time IPO transaction costs of $20.6 million and a non-cash charge of $20.2 million for the change in fair value of our warrant liability due to the increase in stock price during the quarter. Adjusted EBITDA of $31.2 million. Began construction of the first Chinese deployment of a 100 MWh EVx™ gravity-based storage system in partnership with Atlas Renewable and China Tianying, which also invested $50.0 million into the private placement investment (PIPE) related to th
CEMEX acquires sustainable waste management company "Broquers Ambiental" in Mexico as part of its Future in Action program to achieve carbon neutrality. Currently, CEMEX transforms more than 500,000 tons of waste per year into climate-friendly fuels for its operations, avoiding the emission of more than 730,000 tons of CO2, which is equivalent to planting 12 million trees, thus helping to protect the environment and promote a circular economy in Mexico. CEMEX, S.A.B. de C.V. ("CEMEX") announced the acquisition of Broquers Ambiental ("Broquers"), a sustainable company that focuses on the separation, recovery, and treatment of urban solid waste generated in the city of Queretaro. This ac
Following today's announcement of the retirement of Fernando Gonzalez as CEO of Cemex, and the appointment of Jaime Muguiro as new CEO effective April 1st 2025, Cemex announces the following changes to its senior-level organization. Jesus Gonzalez, current President of Cemex South, Central America, and the Caribbean, has been appointed President of Cemex USA. Sergio Menendez, current President of Cemex Europe, Middle East, and Africa, has been appointed President of Cemex Mexico. Jose Antonio Cabrera, former President of Cemex Dominican Republic and Puerto Rico, has been appointed President of Cemex Europe, Middle East, and Africa. Alejandro Ramirez, current President of Cemex C
CEO Fernando A. González has decided to retire after a successful career of over 35 years at Cemex Jaime Muguiro, current President of Cemex USA, has been appointed as new CEO Changes to become effective April 1, 2025 Cemex announced today that its CEO, Fernando A. González, has decided to retire after a successful career of over 35 years in the company. The Cemex Board of Directors has appointed Jaime Muguiro as new CEO; these changes will become effective April 1, 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250210684088/en/Jaime Muguiro (Photo: Business Wire) "I want to thank Fernando for his immense contrib
This acquisition by NEORIS is poised to foster its expansion plans in the United States. Acquisition aligns with the company's strategy, aiming to establish broader and more global consulting capabilities to support clients in their digital transformation journey. ForeFront is a top Summit partner with multi-cloud integration expertise in Salesforce ecosystem. NEORIS, a global leader in digital acceleration, today announced that it has completed the acquisition of ForeFront, one of Salesforce's top partners and a globally recognized innovator in Cloud consulting and implementation services. ForeFront is to join NEORIS as a wholly-owned U.S.-based subsidiary and looking to accelera