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Analysts Are Bullish on These Materials Stocks: Cemex SAB (CX), Anglo American (AAUKF)

Tipranks - Wed Jan 28, 4:00AM CST

There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Cemex SAB (CXResearch Report) and Anglo American (AAUKFResearch Report) 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 Monday at $12.76.

According to TipRanks.com, Theurer is a 4-star analyst with an average return of 3.9% and a 51.0% success rate. Theurer covers the Consumer Goods sector, focusing on stocks such as Wal-Mart de Mexico SAB de CV, Arca Continental SAB de C V, and Fomento Economico Mexicano. ;'>

Currently, the analyst consensus on Cemex SAB is a Moderate Buy with an average price target of $12.78, which is a -2.4% downside from current levels. In a report released yesterday, Goldman Sachs also maintained a Buy rating on the stock with a $13.00 price target.

See today’s best-performing stocks on TipRanks >>

Anglo American (AAUKF)

In a report released today, Myles Allsop from UBS maintained a Buy rating on Anglo American, with a price target of p4000.00. The company’s shares closed last Monday at $48.67.

Allsop has an average return of 21.0% when recommending Anglo American. ;'>

According to TipRanks.com, Allsop is ranked #380 out of 12040 analysts.

Anglo American has an analyst consensus of Moderate Buy, with a price target consensus of $42.63.

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