|Last Price$75.57||Day Change (%)1.30%|
|Open Price$75.57||Day Change ($)0.97|
|Day Range75.57–75.57||52-Week Range66.97–79.33|
As of Fri 03/27/2015 | 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 ...