Industrial Goods New Highs: Cemex SAB (NYSE:CX), United Technologies Corporation (NYSE:UTX), Illinois Tool Works (NYSE:ITW), Allegheny Technologies Incorporated (NYSE:ATI)

Cemex SAB de CV (ADR) (NYSE:CX), has announced the pricing of €400 million of its 5% senior secure notes that will be due in 2021 as well as $1 billion of 6% of its senior secured notes that will be due in 2024. Cemex SAB de CV (ADR) (NYSE:CX) shares after opening at $13.04 moved to $14.36 on last trade day and at the end of the day closed at $13.58. Company price to sales ratio in past twelve months was calculated as 1.03and price to cash ratio as 13.39. Cemex SAB de CV (ADR) (NYSE:CX) showed a positive weekly performance of 8.12%.

United Technologies Corporation (NYSE:UTX) has earned an average recommendation of “Buy” from the twenty-two ratings firms that are presently covering the stock, ARN reports. Four research analysts have rated the stock with a hold rating and seventeen have issued a buy rating on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $121.68.United Technologies Corporation (NYSE:UTX) shares fell -1.33% in last trading session and ended the day on $118.18. UTX return on equity ratio is recorded as 20.10% and its return on assets is 6.40%.United Technologies Corporation (NYSE:UTX) yearly performance is 30.33%.

Illinois Tool Works Inc. (NYSE:ITW) Tool Works posts a Valuentum Buying Index score of 7, reflecting our “fairly valued” DCF assessment of the firm, its attractive relative valuation versus peers, and very bullish technicals. Illinois Tool Works Inc. (NYSE:ITW) shares moved down -0.06% in last trading session and was closed at $83.57, while trading in range of $83.26 – 85.14. Illinois Tool Works Inc. (NYSE:ITW) year to date (YTD) performance is -0.08%.

Credit Suisse reissued their outperform rating on shares of Allegheny Technologies In corporated (NYSE:ATI) in a research report released on Thursday morning, StockRatingsNetwork.com reports. Credit Suisse currently has a $47.00 price objective on the stock, up from their previous price objective of $41.00.Allegheny Technologies Incorporated (NYSE:ATI) weekly performance is 3.44%. On last trading day company shares ended up $38.78. Allegheny Technologies Incorporated (NYSE:ATI) distance from 50-day simple moving average (SMA50) is 16.33%. Analysts mean target price for the company is $36.55.