Analysts Offer Insights on Materials Companies: Cemex SAB (CX) and Wheaton Precious Metals (WPM)

There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Cemex SAB (CX) and Wheaton Precious Metals (WPM) with bullish sentiments.

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Cemex SAB (CX)

Barclays analyst Benjamin Theurer maintained a Buy rating on Cemex SAB today and set a price target of $15.00. The company’s shares closed last Wednesday at $11.87.

According to TipRanks.com, Theurer is a 4-star analyst with an average return of 5.8% and a 54.4% success rate. Theurer covers the Consumer Goods sector, focusing on stocks such as Grupo Comercial Chedraui SAB de CV, Kimberly-Clark de Mexico SAB de CV, and Wal-Mart de Mexico SAB de CV. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Cemex SAB with a $13.71 average price target, representing a 15.9% upside. In a report released yesterday, Bank of America Securities also maintained a Buy rating on the stock with a $14.75 price target.

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Wheaton Precious Metals (WPM)

UBS analyst Daniel Major maintained a Buy rating on Wheaton Precious Metals yesterday and set a price target of $160.00. The company’s shares closed last Wednesday at $147.61.

According to TipRanks.com, Major is a 5-star analyst with an average return of 27.7% and a 71.2% success rate. Major covers the Basic Materials sector, focusing on stocks such as KGHM Polska Miedz SA, Freeport-McMoRan, and Newmont Mining. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Wheaton Precious Metals with a $177.67 average price target, implying a 21.4% upside from current levels. In a report released yesterday, Stifel Nicolaus also maintained a Buy rating on the stock with a C$250.00 price target.

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• Cemex price target raised to $14.10 from $13.90 at Scotiabank
• Cemex Shareholders Approve 2025 Results, US$180 Million Dividend and US$500 Million Buyback Capacity
• Cemex participates in a conference call with JPMorgan
• Cemex Approves $180 Million Dividend and $500 Million Buyback at March 26 Shareholders’ Meeting
• Cemex receives MSCI ESG Rating upgrade to AAA