|Last Price$71.39||Day Change (%)0.07%|
|Open Price$71.39||Day Change ($)0.05|
|Day Range71.39–71.39||52-Week Range54.20–76.61|
As of Fri 08/26/2016 | 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 ...