|Last Price$69.48||Day Change (%)0.32%|
|Open Price$69.48||Day Change ($)0.22|
|Day Range69.48–69.48||52-Week Range54.20–73.32|
As of Sat 01/20/2017 | USD
We are raising our fair value estimate for Cemex CX to $45 per share from $33 for three reasons. The first is Cemex's attempt to acquire Rinker RIN for $12.8 billion in cash, which we expect to be additive to our valuation. This stems largely from the additional cash flows that we think Cemex can ...