$117.50
5.68[5.08%]
At close: Apr 26
$117.50
0[0.00%]
After Hours: 7:43PM EDT
Southern Copper
(NYSE:SCCO)Southern Copper Stock (NYSE:SCCO), Analyst Ratings, Price Targets, Predictions
Southern Copper Corp has a consensus price target of $55.42, established from looking at the 29 latest analyst ratings. The last 3 analyst ratings were released from CICC, Scotiabank, and Goldman Sachs on April 24, 2024, April 18, 2024, and March 22, 2024. With an average price target of $45.67 between CICC, Scotiabank, and Goldman Sachs, there's an implied -61.13% downside for Southern Copper Corp from these 3 analyst ratings.
Analyst Firms Making Recommendations1
CICC
Scotiabank
Goldman Sachs
Jefferies
JP Morgan
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Southern Copper
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/24/2024 | SCCO | Buy Now | Southern Copper | $117.50 | — | CICC | — | — | Initiates | → Outperform | Get Alert |
| 04/18/2024 | SCCO | Buy Now | Southern Copper | $117.50 | -53.19% | Scotiabank | Alfonso Salazar | $53 → $55 | Maintains | Sector Underperform | Get Alert |
| 03/22/2024 | SCCO | Buy Now | Southern Copper | $117.50 | -30.21% | Goldman Sachs | Thiago Ojea | $61 → $82 | Maintains | Sell | Get Alert |
| 03/22/2024 | SCCO | Buy Now | Southern Copper | $117.50 | 10.64% | Jefferies | Alejandro Demichelis | $91 → $130 | Upgrade | Hold → Buy | Get Alert |
| 03/21/2024 | SCCO | Buy Now | Southern Copper | $117.50 | -48.09% | JP Morgan | Rodolfo Angele | $63.5 → $61 | Maintains | Underweight | Get Alert |
| 11/27/2023 | SCCO | Buy Now | Southern Copper | $117.50 | -42.13% | Morgan Stanley | Carlos De Alba | $83 → $68 | Downgrade | Equal-Weight → Underweight | Get Alert |
| 09/18/2023 | SCCO | Buy Now | Southern Copper | $117.50 | -22.55% | Jefferies | Alejandro Demichelis | → $91 | Initiates | → Hold | Get Alert |
| 08/17/2023 | SCCO | Buy Now | Southern Copper | $117.50 | -52.77% | JP Morgan | Rodolfo Angele | $52.5 → $55.5 | Maintains | Underweight | Get Alert |
| 06/22/2023 | SCCO | Buy Now | Southern Copper | $117.50 | -37.02% | Morgan Stanley | Carlos De Alba | $67 → $74 | Maintains | Equal-Weight | Get Alert |
| 05/10/2023 | SCCO | Buy Now | Southern Copper | $117.50 | -43.83% | Goldman Sachs | Thiago Ojea | $65 → $66 | Downgrade | Neutral → Sell | Get Alert |
| 05/03/2023 | SCCO | Buy Now | Southern Copper | $117.50 | -52.34% | Deutsche Bank | Abhinav Kapur | $55 → $56 | Maintains | Sell | Get Alert |
| 04/21/2023 | SCCO | Buy Now | Southern Copper | $117.50 | -45.53% | Barclays | Matthew Murphy | $53 → $64 | Maintains | Equal-Weight | Get Alert |
| 03/30/2023 | SCCO | Buy Now | Southern Copper | $117.50 | -40.43% | Morgan Stanley | Carlos De Alba | → $70 | Downgrade | Overweight → Equal-Weight | Get Alert |
| 02/23/2023 | SCCO | Buy Now | Southern Copper | $117.50 | -56.6% | UBS | Karl Chalabala | $48 → $51 | Maintains | Sell | Get Alert |
| 01/30/2023 | SCCO | Buy Now | Southern Copper | $117.50 | -52.34% | Barclays | Matthew Murphy | $55 → $56 | Maintains | Equal-Weight | Get Alert |
| 01/11/2023 | SCCO | Buy Now | Southern Copper | $117.50 | — | Wolfe Research | Timna Tanners | — | Upgrade | Underperform → Peer Perform | Get Alert |
| 11/23/2022 | SCCO | Buy Now | Southern Copper | $117.50 | -61.7% | Deutsche Bank | Abhi Agarwal | → $45 | Downgrade | Hold → Sell | Get Alert |
| 11/08/2022 | SCCO | Buy Now | Southern Copper | $117.50 | -54.04% | Morgan Stanley | Carlos De Alba | → $54 | Upgrade | Equal-Weight → Overweight | Get Alert |
| 10/05/2022 | SCCO | Buy Now | Southern Copper | $117.50 | -61.7% | Deutsche Bank | Abhi Agarwal | $47 → $45 | Maintains | Hold | Get Alert |
FAQ
What is the target price for Southern Copper (SCCO)?
The latest price target for Southern Copper (NYSE: SCCO) was reported by CICC on April 24, 2024. The analyst firm set a price target for $0.00 expecting SCCO to fall to within 12 months (a possible -100.00% downside). 11 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Southern Copper (SCCO)?
The latest analyst rating for Southern Copper (NYSE: SCCO) was provided by CICC, and Southern Copper initiated their outperform rating.
When was the last upgrade for Southern Copper (SCCO)?
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.
When was the last downgrade for Southern Copper (SCCO)?
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.
When is the next analyst rating going to be posted or updated for Southern Copper (SCCO)?
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 April 24, 2024 so you should expect the next rating to be made available sometime around April 24, 2025.
Is the Analyst Rating Southern Copper (SCCO) correct?
While ratings are subjective and will change, the latest Southern Copper (SCCO) rating was a initiated with a price target of $0.00 to $0.00. The current price Southern Copper (SCCO) is trading at is $117.50, which is out of the analyst’s predicted range.
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