share_log

Southern Copper Analyst Ratings

Benzinga ·  Aug 17, 2023 10:33
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
08/17/2023 -31.82% JP Morgan $52.5 → $55.5 Maintains Underweight
06/22/2023 -9.09% Morgan Stanley $67 → $74 Maintains Equal-Weight
05/10/2023 -18.92% Goldman Sachs $65 → $66 Downgrades Neutral → Sell
05/03/2023 -31.2% Deutsche Bank $55 → $56 Maintains Sell
04/21/2023 -21.38% Barclays $53 → $64 Maintains Equal-Weight
03/30/2023 -14% Morgan Stanley → $70 Downgrades Overweight → Equal-Weight
02/23/2023 -37.35% UBS $48 → $51 Maintains Sell
01/30/2023 -31.2% Barclays $55 → $56 Maintains Equal-Weight
01/11/2023 Wolfe Research Upgrades Underperform → Peer Perform
11/23/2022 -44.72% Deutsche Bank → $45 Downgrades Hold → Sell
11/08/2022 -33.66% Morgan Stanley → $54 Upgrades Equal-Weight → Overweight
10/05/2022 -44.72% Deutsche Bank $47 → $45 Maintains Hold
09/16/2022 -32.43% Morgan Stanley $51 → $55 Upgrades Underweight → Equal-Weight
09/14/2022 -42.26% Deutsche Bank → $47 Initiates Coverage On → Hold
07/19/2022 -37.35% Barclays $61 → $51 Maintains Equal-Weight
07/13/2022 -50.86% Citigroup $70 → $40 Downgrades Neutral → Sell
07/07/2022 Wolfe Research Downgrades Peer Perform → Underperform
06/23/2022 -36.12% Morgan Stanley $66 → $52 Maintains Underweight
06/08/2022 -25.06% Barclays $62 → $61 Maintains Equal-Weight
03/24/2022 -22.6% Morgan Stanley $55 → $63 Downgrades Equal-Weight → Underweight
07/15/2021 -15.85% HSBC $67 → $68.5 Upgrades Reduce → Hold
07/08/2021 -32.43% Barclays $57 → $55 Upgrades Underweight → Equal-Weight
04/21/2021 -20.15% UBS $60 → $65 Downgrades Neutral → Sell
12/10/2020 UBS Downgrades Buy → Neutral
12/01/2020 -40.42% HSBC → $48.5 Downgrades Hold → Reduce
10/14/2020 BBVA Downgrades Market Perform → Underperform
08/04/2020 -53.32% Morgan Stanley $37 → $38 Downgrades Equal-Weight → Underweight
06/22/2020 -59.46% JP Morgan $27 → $33 Downgrades Neutral → Underweight
06/16/2020 -49.63% Goldman Sachs $47 → $41 Downgrades Buy → Neutral
05/19/2020 -50.86% UBS $38 → $40 Maintains Buy
04/15/2020 -66.83% JP Morgan $38 → $27 Maintains Neutral
03/30/2020 -53.32% UBS $43 → $38 Maintains Buy
03/25/2020 -66.83% Morgan Stanley → $27 Upgrades Underweight → Equal-Weight
02/18/2020 -60.69% Morgan Stanley $35 → $32 Downgrades Equal-Weight → Underweight
12/17/2019 Itau BBA Downgrades Outperform → Market Perform
10/10/2019 -48.4% UBS $45 → $42 Maintains Buy
09/24/2019 -55.77% Morgan Stanley → $36 Upgrades Underweight → Equal-Weight
07/11/2019 Macquarie Initiates Coverage On → Underperform
03/19/2019 HSBC Upgrades Reduce → Hold
02/19/2019 Citigroup Upgrades Sell → Buy
01/16/2019 -41.03% Itau BBA → $48 Upgrades Market Perform → Outperform
12/06/2018 -57.62% JP Morgan $47 → $34.5 Upgrades Underweight → Neutral
11/26/2018 HSBC Downgrades Hold → Reduce
11/21/2018 -48.4% Bradesco Corretora $45 → $42 Upgrades Underperform → Neutral
11/12/2018 -59.46% Citigroup $43 → $33 Downgrades Neutral → Sell
11/02/2018 UBS Upgrades Neutral → Buy
09/19/2018 -39.8% B. Riley Securities $55 → $49 Maintains Neutral

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

The latest price target for Southern Copper (NYSE: SCCO) was reported by JP Morgan on August 17, 2023. The analyst firm set a price target for $55.50 expecting SCCO to fall to within 12 months (a possible -31.82% downside). 14 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 JP Morgan, and Southern Copper maintained their underweight rating.

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 August 17, 2023 so you should expect the next rating to be made available sometime around August 17, 2024.

Is the Analyst Rating Southern Copper (SCCO) correct?

While ratings are subjective and will change, the latest Southern Copper (SCCO) rating was a maintained with a price target of $52.50 to $55.50. The current price Southern Copper (SCCO) is trading at is $81.40, which is out of the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment