|Last Price$75.61||Day Change (%)0.65%|
|Open Price$75.61||Day Change ($)0.49|
|Day Range75.61–75.61||52-Week Range67.47–81.45|
As of Thu 11/25/2015 | 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 ...