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Analysts Offer Insights on Materials Companies: Cemex SAB (CX) and Westgold Resources (OtherWGXRF)

Tipranks - Tipranks - Sat Feb 28, 1:56AM CST

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Cemex SAB (CX – Research Report) and Westgold Resources (WGXRF – Research Report).

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Cemex SAB (CX)

RBC Capital analyst Anthony Codling maintained a Hold rating on Cemex SAB yesterday and set a price target of $11.25. The company’s shares closed last Thursday at $12.76.

According to TipRanks.com, Codling is a 4-star analyst with an average return of 7.9% and a 62.7% success rate. Codling covers the Basic Materials sector, focusing on stocks such as Martin Marietta Materials, Knife River Corporation, and Vulcan Materials. ;'>

Cemex SAB has an analyst consensus of Moderate Buy, with a price target consensus of $13.30.

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Westgold Resources (WGXRF)

In a report released yesterday, Paul Wiggers de Vries from RBC Capital maintained a Buy rating on Westgold Resources, with a price target of A$8.20. The company’s shares closed last Thursday at $5.45.

According to TipRanks.com, Vries is ranked #539 out of 12136 analysts.

Westgold Resources has an analyst consensus of Strong Buy, with a price target consensus of $6.24.

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