|Last Price$76.74||Day Change (%)0.54%|
|Open Price$76.74||Day Change ($)0.41|
|Day Range76.74–76.74||52-Week Range64.16–76.80|
As of Thu 05/25/2017 | 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 ...