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Southern Copper - SCCO Stock Price Target and Predictions

  • Consensus Rating: Reduce
  • Consensus Price Target: $90.63
  • Forecasted Upside: -19.07%
  • Number of Analysts: 9
  • Breakdown:
  • 6 Sell Ratings
  • 1 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$111.98 As of 10/30/2024 03:53 PM ET
▼ -2.43 (-2.12%)

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 $90.63
▼ -19.07% 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 $90.63, with a high forecast of $130.00 and a low forecast of $52.00. The average price target represents a -19.07% upside from the last price of $111.98.

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 polled 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
  • 2 buy ratings
  • 1 hold ratings
  • 6 sell ratings
Ratings as of
5/9/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 6 sell ratings
Ratings as of
8/7/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 6 sell ratings
Ratings as of
11/5/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 6 sell ratings
Ratings as of
2/3/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 6 sell ratings
Ratings as of
5/3/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 6 sell ratings
Ratings as of
8/1/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 6 sell ratings
Ratings as of
9/30/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 6 sell ratings
Ratings as of
10/30/2024

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 6 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
10/15/2024ScotiabankLower TargetSector Underperform ➝ Sector Underperform$54.00 ➝ $52.00
10/2/2024CitigroupBoost TargetSell ➝ Sell$99.44 ➝ $100.00
9/19/2024Morgan StanleyBoost TargetUnderweight ➝ Underweight$97.00 ➝ $100.00
7/12/2024UBS GroupInitiated CoverageNeutral$120.00
6/21/2024Morgan StanleyBoost TargetUnderweight ➝ Underweight$81.70 ➝ $100.00
5/21/2024ScotiabankLower TargetSector Underperform ➝ Sector Underperform$55.00 ➝ $54.00
4/30/2024Morgan StanleyBoost TargetUnderweight ➝ Underweight$123.00 ➝ $135.00
4/24/2024CICC ResearchInitiated CoverageOutperform
4/22/2024HSBCDowngradeHold ➝ Reduce$80.00
4/18/2024ScotiabankBoost TargetSector Underperform ➝ Sector Underperform$53.00 ➝ $55.00
3/22/2024The Goldman Sachs GroupBoost TargetSell ➝ Sell$61.00 ➝ $82.00
3/22/2024Jefferies Financial GroupUpgradeHold ➝ Buy$91.00 ➝ $130.00
3/21/2024JPMorgan Chase & Co.Lower TargetUnderweight ➝ Underweight$63.50 ➝ $61.00
11/27/2023Morgan StanleyDowngradeEqual Weight ➝ Underweight$83.00 ➝ $68.00
9/18/2023Jefferies Financial GroupInitiated CoverageHold$91.00
8/17/2023JPMorgan Chase & Co.Boost TargetUnderweight ➝ Underweight$52.50 ➝ $55.50
6/21/2023Morgan StanleyBoost Target$67.00 ➝ $74.00
5/9/2023The Goldman Sachs GroupDowngradeNeutral ➝ Sell$65.00 ➝ $66.00
5/3/2023Deutsche Bank AktiengesellschaftBoost Target$55.00 ➝ $56.00
4/21/2023BarclaysBoost TargetEqual Weight$53.00 ➝ $64.00
3/29/2023Morgan StanleyDowngradeOverweight ➝ Equal Weight$70.00
2/23/2023UBS GroupBoost TargetSell$48.00 ➝ $51.00
1/30/2023BarclaysBoost TargetEqual Weight$55.00 ➝ $56.00
1/11/2023CitigroupBoost Target$40.00 ➝ $60.00
1/11/2023Wolfe ResearchUpgradeUnderperform ➝ Peer Perform
1/10/2023Deutsche Bank AktiengesellschaftBoost Target$45.00 ➝ $50.00
11/28/2022Grupo SantanderUpgradeNeutral ➝ Outperform$60.00 ➝ $69.00
11/23/2022Deutsche Bank AktiengesellschaftDowngradeHold ➝ Sell$45.00
11/8/2022Morgan StanleyUpgradeEqual Weight ➝ Overweight$54.00
10/5/2022Deutsche Bank AktiengesellschaftLower TargetHold$47.00 ➝ $45.00
9/16/2022Morgan StanleyUpgradeUnderweight ➝ Equal Weight$51.00 ➝ $55.00
9/14/2022Deutsche Bank AktiengesellschaftInitiated CoverageHold$47.00
8/9/2022BarclaysLower Target$50.00
8/5/2022The Goldman Sachs GroupInitiated CoverageNeutral$65.00
7/19/2022BarclaysLower TargetEqual Weight$61.00 ➝ $51.00
7/13/2022CitigroupDowngradeNeutral ➝ Sell$70.00 ➝ $40.00
7/7/2022Wolfe ResearchDowngradePeer Perform ➝ Underperform
6/22/2022Morgan StanleyLower TargetUnderweight$66.00 ➝ $52.00
6/8/2022BarclaysLower TargetEqual Weight$62.00 ➝ $61.00
4/21/2022BarclaysBoost Target$58.00 ➝ $62.00
3/23/2022Morgan StanleyDowngradeEqual Weight ➝ Underweight$55.00 ➝ $63.00
12/9/2021Morgan StanleyUpgradeUnderweight ➝ Equal Weight$55.00
11/16/2021Wolfe ResearchInitiated CoverageMarket Perform$62.00
7/15/2021HSBCUpgradeReduce ➝ Hold$67.00 ➝ $68.50
7/8/2021BarclaysUpgradeUnderweight ➝ Equal Weight$57.00 ➝ $55.00
4/26/2021UBS GroupBoost TargetNeutral ➝ Sell$60.00 ➝ $65.00
4/20/2021UBS GroupDowngradeNeutral ➝ Sell$60.00 ➝ $65.00
2/16/2021CitigroupUpgradeSell ➝ Neutral$70.00
1/6/2021BarclaysInitiated CoverageUnderweight$54.00
12/9/2020UBS GroupDowngradeBuy ➝ Neutral$49.00 ➝ $60.00
12/1/2020HSBCDowngradeHold ➝ Reduce$48.50
8/4/2020Morgan StanleyDowngradeEqual Weight ➝ Underweight$37.00 ➝ $38.00
6/22/2020JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$27.00 ➝ $33.00
6/16/2020The Goldman Sachs GroupDowngradeBuy ➝ Neutral$47.00 ➝ $41.00
6/8/2020CitigroupDowngradeBuy ➝ Sell
5/19/2020UBS GroupBoost TargetBuy$38.00 ➝ $40.00
4/15/2020JPMorgan Chase & Co.Lower TargetNeutral$38.00 ➝ $27.00
3/30/2020UBS GroupLower TargetBuy$43.00 ➝ $38.00
3/24/2020Morgan StanleyUpgradeUnderweight ➝ Equal Weight$27.00
3/20/2020Bradesco CorretoraDowngradeNeutral ➝ Underperform$24.00
2/17/2020Morgan StanleyDowngradeEqual Weight ➝ Underweight$35.00 ➝ $32.00
12/17/2019Itaú UnibancoDowngradeHold$45.00
12/17/2019Itau BBA SecuritiesReiterated RatingOutperform ➝ Market Perform
(Data available from 10/30/2019 forward)

News Sentiment Rating

1.18 (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
  • 12 very positive mentions
  • 15 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
4/3/2024
  • 21 very positive mentions
  • 20 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
5/3/2024
  • 22 very positive mentions
  • 8 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
6/2/2024
  • 13 very positive mentions
  • 2 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
7/2/2024
  • 19 very positive mentions
  • 8 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
8/1/2024
  • 12 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
8/31/2024
  • 27 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/30/2024
  • 18 very positive mentions
  • 7 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
10/30/2024

Current Sentiment

  • 18 very positive mentions
  • 7 positive mentions
  • 2 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

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 underground mines that produce zinc, lead, copper, silver, and gold; a coal mine; and a zinc refinery. The company has interests in 156,818 hectares and 502,688 hectares of concessions in Peru and Mexico; and 168,200 hectares and 28,453 hectares of exploration concessions in Argentina and Chile. Southern Copper Corporation was incorporated in 1952 and is based in Phoenix, Arizona. Southern Copper Corporation is a subsidiary of Americas Mining Corporation.
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Today's Range

Now: $111.98
Low: $111.48
High: $113.36

50 Day Range

MA: $108.03
Low: $94.12
High: $120.41

52 Week Range

Now: $111.98
Low: $68.93
High: $129.79

Volume

428,966 shs

Average Volume

1,156,570 shs

Market Capitalization

$87.47 billion

P/E Ratio

28.83

Dividend Yield

2.08%

Beta

1.18

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: CICC Research, Citigroup Inc., HSBC Holdings plc, Jefferies Financial Group Inc., JPMorgan Chase & Co., Morgan Stanley, Scotiabank, StockNews.com, The Goldman Sachs Group, Inc., and UBS Group AG.
View the latest analyst ratings for SCCO.

What is the current price target for Southern Copper?

8 Wall Street analysts have set twelve-month price targets for Southern Copper in the last year. Their average twelve-month price target is $90.63, suggesting a possible downside of 19.1%. Jefferies Financial Group Inc. has the highest price target set, predicting SCCO will reach $130.00 in the next twelve months. Scotiabank has the lowest price target set, forecasting a price of $52.00 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 6 sell ratings, 1 hold rating and 2 buy ratings 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, Materion, Ferroglobe, SunCoke Energy and Compass Minerals International. 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 [email protected]. The official website for Southern Copper is www.southerncoppercorp.com. Learn More about contacing Southern Copper investor relations.