A number of research firms have changed their ratings and price targets for Southern Copper (NYSE: SCCO):
- 5/21/2026 – Southern Copper is now covered by Barclays PLC. They set an “underweight” rating and a $148.00 price target on the stock.
- 5/21/2026 – Southern Copper was upgraded by Barclays PLC from “equal weight” to “strong sell”.
- 5/21/2026 – Southern Copper had its price target raised by UBS Group AG from $140.00 to $145.00. They now have a “sell” rating on the stock.
- 5/16/2026 – Southern Copper was downgraded by Wall Street Zen from “buy” to “hold”.
- 5/15/2026 – Southern Copper had its “underperform” rating reaffirmed by Scotiabank. They now have a $135.00 price target on the stock, up from $133.00.
- 5/15/2026 – Southern Copper had its price target raised by Scotiabank from $133.00 to $135.00. They now have a “sector underperform” rating on the stock.
- 5/1/2026 – Southern Copper was given a new $171.00 price target by Wells Fargo & Company. They now have an “equal weight” rating on the stock.
- 4/23/2026 – Southern Copper had its “underperform” rating reaffirmed by Scotiabank. They now have a $133.00 price target on the stock, up from $125.00.
- 4/23/2026 – Southern Copper had its price target raised by Scotiabank from $125.00 to $133.00. They now have a “sector underperform” rating on the stock.
- 4/15/2026 – Southern Copper was given a new $186.00 price target by Wells Fargo & Company. They now have an “equal weight” rating on the stock.
- 4/10/2026 – Southern Copper had its price target raised by JPMorgan Chase & Co. from $117.50 to $127.00. They now have an “underweight” rating on the stock.
- 4/10/2026 – Southern Copper was upgraded by The Goldman Sachs Group, Inc. from “sell” to “neutral”. They now have a $178.00 price target on the stock.
- 4/9/2026 – Southern Copper had its price target raised by Morgan Stanley from $155.00 to $160.00. They now have an “underweight” rating on the stock.
- 3/27/2026 – Southern Copper had its “buy (b)” rating reaffirmed by Weiss Ratings.
- 3/27/2026 – Southern Copper had its price target lowered by UBS Group AG from $150.00 to $140.00. They now have a “sell” rating on the stock.
Southern Copper Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Wednesday, May 13th will be paid a $1.00 dividend. The ex-dividend date is Wednesday, May 13th. This represents a $4.00 annualized dividend and a dividend yield of 2.2%. Southern Copper’s dividend payout ratio (DPR) is presently 66.12%.
Insiders Place Their Bets
In other Southern Copper news, Director Bonilla Luis Miguel Palomino sold 200 shares of Southern Copper stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $177.82, for a total value of $35,564.00. Following the transaction, the director owned 1,807 shares in the company, valued at $321,320.74. The trade was a 9.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders sold 500 shares of company stock valued at $88,412 over the last quarter. Company insiders own 0.07% of the company’s stock.
Southern Copper Corporation (NYSE: SCCO) is a large, integrated copper producer whose operations span the full value chain from exploration and mining to smelting, refining and the sale of copper and other metal products. The company produces a range of copper products including copper concentrate and refined cathodes, and recovers valuable byproducts such as molybdenum, silver and zinc. Southern Copper concentrates on high-volume, long-life assets designed to support steady production and processing capabilities.
Southern Copper’s operations are concentrated in Peru and Mexico, where it owns and operates multiple large-scale mining and processing facilities.
Read More
- Five stocks we like better than Southern Copper
- SpaceX Gets the Attention, But These 4 Stocks Could Get the Returns
- Microsoft Stock Discount May Be Ending as AI Catalysts Build
- Apparel Earnings Winners and Losers: Ralph Lauren Takes Off
- Why Walmart, Target and TJX Got Such Different Reactions After Earnings
Receive News & Ratings for Southern Copper Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Southern Copper Corporation and related companies with MarketBeat.com's FREE daily email newsletter.
