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Southern Copper

SCCONYSE
Logo brought to you by Benzinga Data
$104.59
0.810.78%
Pre-Market: 4:31 AM EDT
Consensus Rating1
Sell
Highest Price Target1
$130.00
Lowest Price Target1
$45.00
Consensus Price Target1
$78.27

Southern Copper (NYSE:SCCO) Stock, Analyst Ratings, Price Targets, Forecasts

Southern Copper Corp has a consensus price target of $78.27 based on the ratings of 13 analysts. The high is $130 issued by Jefferies on March 22, 2024. The low is $45 issued by Deutsche Bank on November 23, 2022. The 3 most-recent analyst ratings were released by Scotiabank, Citigroup, and Morgan Stanley on October 15, 2024, October 2, 2024, and September 19, 2024, respectively. With an average price target of $84 between Scotiabank, Citigroup, and Morgan Stanley, there's an implied -19.69% downside for Southern Copper Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
0
0
0
0
May
1
Jun
1
Jul
1
Sep
1
Oct
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
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2.0
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Scotiabank
Citigroup
Morgan Stanley
UBS
Goldman Sachs

1calculated from analyst ratings

Analyst Ratings for Southern Copper

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FAQ

Q

What is the target price for Southern Copper (SCCO) stock?

A

The latest price target for Southern Copper (NYSE:SCCO) was reported by Scotiabank on October 15, 2024. The analyst firm set a price target for $52.00 expecting SCCO to fall to within 12 months (a possible -50.28% downside). 13 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Southern Copper (SCCO)?

A

The latest analyst rating for Southern Copper (NYSE:SCCO) was provided by Scotiabank, and Southern Copper maintained their sector underperform rating.

Q

When was the last upgrade for Southern Copper (SCCO)?

A

The last upgrade for Southern Copper Corp happened on March 22, 2024 when Jefferies raised their price target to $130. Jefferies previously had a hold for Southern Copper Corp.

Q

When was the last downgrade for Southern Copper (SCCO)?

A

The last downgrade for Southern Copper Corp happened on November 27, 2023 when Morgan Stanley changed their price target from $83 to $68 for Southern Copper Corp.

Q

When is the next analyst rating going to be posted or updated for Southern Copper (SCCO)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Southern Copper, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Southern Copper was filed on October 15, 2024 so you should expect the next rating to be made available sometime around October 15, 2025.

Q

Is the Analyst Rating Southern Copper (SCCO) correct?

A

While ratings are subjective and will change, the latest Southern Copper (SCCO) rating was a maintained with a price target of $54.00 to $52.00. The current price Southern Copper (SCCO) is trading at is $104.59, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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