|Last Price$67.97||Day Change (%)-1.85%|
|Open Price$67.97||Day Change ($)-1.28|
|Day Range67.97–67.97||52-Week Range54.20–75.94|
As of Wed 10/26/2016 | 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 ...