|Last Price$74.21||Day Change (%)2.06%|
|Open Price$74.21||Day Change ($)1.50|
|Day Range74.21–74.21||52-Week Range66.97–81.45|
As of Wed 09/02/2015 | 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 ...