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Southern Copper - SCCO Stock Price Target and Predictions

  • Consensus Rating: Reduce
  • Consensus Price Target: $65.17
  • Forecasted Upside: -12.80%
  • Number of Analysts: 9
  • Breakdown:
  • 4 Sell Ratings
  • 4 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$74.73 As of 09/22/2023 01:00 AM ET
▼ -1.27 (-1.67%)

This chart shows the closing price for SCCO by one month, three months, or twelve months.

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Analyst Price Target for SCCO

Analyst Price Target is $65.17
▼ -12.80% Downside Potential
This price target is based on 9 analysts offering 12 month price targets for Southern Copper in the last 3 months. The average price target is $65.17, with a high forecast of $91.00 and a low forecast of $51.00. The average price target represents a -12.80% upside from the last price of $74.73.

This chart shows the closing price for SCCO for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Reduce

The current consensus among 9 investment analysts is to reduce stock in Southern Copper. This Reduce consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 4 sell ratings
Ratings as of
4/1/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 4 sell ratings
Ratings as of
6/30/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 4 sell ratings
Ratings as of
9/28/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 4 sell ratings
Ratings as of
12/27/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 4 sell ratings
Ratings as of
3/27/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 4 sell ratings
Ratings as of
6/25/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 4 sell ratings
Ratings as of
8/24/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 4 sell ratings
Ratings as of
9/23/2023

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 4 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
9/18/2023Jefferies Financial GroupInitiated CoverageHold$91.00Low
8/17/2023JPMorgan Chase & Co.Boost TargetUnderweight ➝ Underweight$52.50 ➝ $55.50Low
6/21/2023Morgan StanleyBoost Target$67.00 ➝ $74.00Low
5/9/2023The Goldman Sachs GroupDowngradeNeutral ➝ Sell$65.00 ➝ $66.00Low
5/3/2023Deutsche Bank AktiengesellschaftBoost Target$55.00 ➝ $56.00Low
4/21/2023BarclaysBoost TargetEqual Weight$53.00 ➝ $64.00Low
3/29/2023Morgan StanleyDowngradeOverweight ➝ Equal Weight$70.00Low
2/23/2023UBS GroupBoost TargetSell$48.00 ➝ $51.00Low
1/30/2023BarclaysBoost TargetEqual Weight$55.00 ➝ $56.00Low
1/11/2023CitigroupBoost Target$40.00 ➝ $60.00Low
1/11/2023Wolfe ResearchUpgradeUnderperform ➝ Peer PerformLow
1/10/2023Deutsche Bank AktiengesellschaftBoost Target$45.00 ➝ $50.00Low
11/28/2022Grupo SantanderUpgradeNeutral ➝ Outperform$60.00 ➝ $69.00Low
11/23/2022Deutsche Bank AktiengesellschaftDowngradeHold ➝ Sell$45.00Low
11/8/2022Morgan StanleyUpgradeEqual Weight ➝ Overweight$54.00Low
10/5/2022Deutsche Bank AktiengesellschaftLower TargetHold$47.00 ➝ $45.00Low
9/16/2022Morgan StanleyUpgradeUnderweight ➝ Equal Weight$51.00 ➝ $55.00Low
9/14/2022Deutsche Bank AktiengesellschaftInitiated CoverageHold$47.00Low
8/9/2022BarclaysLower Target$50.00Low
8/5/2022The Goldman Sachs GroupInitiated CoverageNeutral$65.00Low
7/19/2022BarclaysLower TargetEqual Weight$61.00 ➝ $51.00Low
7/13/2022CitigroupDowngradeNeutral ➝ Sell$70.00 ➝ $40.00N/A
7/7/2022Wolfe ResearchDowngradePeer Perform ➝ UnderperformN/A
6/22/2022Morgan StanleyLower TargetUnderweight$66.00 ➝ $52.00Low
6/8/2022BarclaysLower TargetEqual Weight$62.00 ➝ $61.00Medium
4/21/2022BarclaysBoost Target$58.00 ➝ $62.00High
3/23/2022Morgan StanleyDowngradeEqual Weight ➝ Underweight$55.00 ➝ $63.00Low
12/9/2021Morgan StanleyUpgradeUnderweight ➝ Equal Weight$55.00Medium
11/16/2021Wolfe ResearchInitiated CoverageMarket Perform$62.00High
7/15/2021HSBCUpgradeReduce ➝ Hold$67.00 ➝ $68.50Low
7/8/2021BarclaysUpgradeUnderweight ➝ Equal Weight$57.00 ➝ $55.00Low
4/26/2021UBS GroupBoost TargetNeutral ➝ Sell$60.00 ➝ $65.00N/A
4/20/2021UBS GroupDowngradeNeutral ➝ Sell$60.00 ➝ $65.00Medium
2/16/2021CitigroupUpgradeSell ➝ Neutral$70.00Low
1/6/2021BarclaysInitiated CoverageUnderweight$54.00N/A
12/9/2020UBS GroupDowngradeBuy ➝ Neutral$49.00 ➝ $60.00Low
12/1/2020HSBCDowngradeHold ➝ Reduce$48.50Medium
8/4/2020Morgan StanleyDowngradeEqual Weight ➝ Underweight$37.00 ➝ $38.00High
6/22/2020JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$27.00 ➝ $33.00Low
6/16/2020The Goldman Sachs GroupDowngradeBuy ➝ Neutral$47.00 ➝ $41.00Low
6/8/2020CitigroupDowngradeBuy ➝ SellMedium
5/19/2020UBS GroupBoost TargetBuy$38.00 ➝ $40.00Low
4/15/2020JPMorgan Chase & Co.Lower TargetNeutral$38.00 ➝ $27.00Medium
3/30/2020UBS GroupLower TargetBuy$43.00 ➝ $38.00Medium
3/24/2020Morgan StanleyUpgradeUnderweight ➝ Equal Weight$27.00Medium
3/20/2020Bradesco CorretoraDowngradeNeutral ➝ Underperform$24.00High
2/17/2020Morgan StanleyDowngradeEqual Weight ➝ Underweight$35.00 ➝ $32.00High
12/17/2019Itaú UnibancoDowngradeHold$45.00High
12/17/2019Itau BBA SecuritiesReiterated RatingOutperform ➝ Market PerformHigh
10/10/2019UBS GroupLower TargetBuy$45.00 ➝ $42.00Low
9/23/2019Morgan StanleyUpgradeUnderweight ➝ Equal$36.00High
8/21/2019JPMorgan Chase & Co.Set TargetHold$32.00Medium
8/15/2019Bank of AmericaReiterated RatingBuy$46.00High
7/10/2019MacquarieInitiated CoverageUnderperform ➝ Underperform$35.00Medium
3/19/2019HSBCUpgradeReduce ➝ Hold$37.00Low
2/19/2019CitigroupUpgradeSell ➝ Buy$33.00 ➝ $41.00High
2/19/2019The Goldman Sachs GroupInitiated CoverageBuyHigh
1/29/2019Bank of AmericaInitiated CoverageBuy$39.00High
1/16/2019Itau BBA SecuritiesUpgradeMarket Perform ➝ Outperform$48.00Low
12/12/2018SantanderDowngradeHold ➝ UnderperformLow
12/6/2018JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$47.00 ➝ $34.50Medium
12/2/2018HSBCDowngradeHold ➝ Reduce$32.12Low
11/26/2018HSBCDowngradeHold ➝ ReduceLow
11/20/2018Bradesco CorretoraUpgradeUnderperform ➝ Hold$45.00 ➝ $42.00Medium
11/12/2018CitigroupDowngradeNeutral ➝ Sell$43.00 ➝ $33.00Low
11/2/2018UBS GroupUpgradeNeutral ➝ Buy$46.00Medium
10/16/2018SantanderDowngradeBuy ➝ HoldLow
10/8/2018CitigroupUpgradeSell ➝ Neutral$43.00Low
(Data available from 9/23/2018 forward)

News Sentiment Rating

1.30 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 13 very positive mentions
  • 11 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
2/25/2023
  • 12 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
3/27/2023
  • 18 very positive mentions
  • 14 positive mentions
  • 0 negative mentions
  • 2 very negative mentions
Mentions as of
4/26/2023
  • 16 very positive mentions
  • 13 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
Mentions as of
5/26/2023
  • 15 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
6/25/2023
  • 20 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/25/2023
  • 13 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/24/2023
  • 15 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/23/2023

Current Sentiment

  • 15 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Southern Copper logo
Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Ecuador, and Chile. The company is involved in the mining, milling, and flotation of copper ore to produce copper and molybdenum concentrates; smelting of copper concentrates to produce blister and anode copper; refining of anode copper to produce copper cathodes; production of molybdenum concentrate and sulfuric acid; production of refined silver, gold, and other materials; and mining and processing of zinc, copper, molybdenum, silver, gold, and lead. It operates the Toquepala and Cuajone open-pit mines, and a smelter and refinery in Peru; and La Caridad, an open-pit copper mine, as well as a copper ore concentrator, a SX-EW plant, a smelter, refinery, and a rod plant in Mexico. The company also operates Buenavista, an open-pit copper mine, as well as two copper concentrators and two operating SX-EW plants in Mexico. In addition, it operates five underground mines that produce zinc, lead, copper, silver, and gold; a coal mine that produces coal and coke; and a zinc refinery. The company has interests in 493,117 hectares of exploration concessions in Peru and Mexico; 239,077 hectares of exploration concessions in Argentina; 30,568 hectares of exploration concessions in Chile; and 7,299 hectares of exploration concessions in Ecuador. Southern Copper Corporation was incorporated in 1952 and is based in Phoenix, Arizona. Southern Copper Corporation operates as a subsidiary of Americas Mining Corporation.
Read More

Today's Range

Now: $74.73
Low: $74.47
High: $77.25

50 Day Range

MA: $80.45
Low: $74.73
High: $87.42

52 Week Range

Now: $74.73
Low: $42.42
High: $87.59

Volume

1,362,090 shs

Average Volume

843,229 shs

Market Capitalization

$57.77 billion

P/E Ratio

20.76

Dividend Yield

5.26%

Beta

1.28

Frequently Asked Questions

What sell-side analysts currently cover shares of Southern Copper?

The following equities research analysts have issued reports on Southern Copper in the last year: Barclays PLC, Citigroup Inc., Deutsche Bank Aktiengesellschaft, Grupo Santander, Jefferies Financial Group Inc., JPMorgan Chase & Co., Morgan Stanley, StockNews.com, The Goldman Sachs Group, Inc., UBS Group AG, and Wolfe Research.
View the latest analyst ratings for SCCO.

What is the current price target for Southern Copper?

9 Wall Street analysts have set twelve-month price targets for Southern Copper in the last year. Their average twelve-month price target is $65.17, suggesting a possible downside of 12.8%. Jefferies Financial Group Inc. has the highest price target set, predicting SCCO will reach $91.00 in the next twelve months. UBS Group AG has the lowest price target set, forecasting a price of $51.00 for Southern Copper in the next year.
View the latest price targets for SCCO.

What is the current consensus analyst rating for Southern Copper?

Southern Copper currently has 4 sell ratings, 4 hold ratings and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Reduce."
View the latest ratings for SCCO.

What other companies compete with Southern Copper?

Other companies that are similar to Southern Copper include Freeport-McMoRan, Vale, Rio Tinto Group, BHP Group and Air Products and Chemicals. Learn More about companies similar to Southern Copper.

How do I contact Southern Copper's investor relations team?

Southern Copper's physical mailing address is 1440 EAST MISSOURI AVENUE SUITE 160, PHOENIX AZ, 85014. The basic materials company's listed phone number is (602) 264-1375 and its investor relations email address is southerncoppe[email protected]. The official website for Southern Copper is www.southerncoppercorp.com. Learn More about contacing Southern Copper investor relations.