| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 11/27/2023 | -8.37% | Morgan Stanley | $83 → $68 | Downgrades | Equal-Weight → Underweight |
| 09/18/2023 | 22.62% | Jefferies | → $91 | Initiates Coverage On | → Hold |
| 08/17/2023 | -25.21% | JP Morgan | $52.5 → $55.5 | Maintains | Underweight |
| 06/22/2023 | -0.28% | Morgan Stanley | $67 → $74 | Maintains | Equal-Weight |
| 05/10/2023 | -11.06% | Goldman Sachs | $65 → $66 | Downgrades | Neutral → Sell |
| 05/03/2023 | -24.54% | Deutsche Bank | $55 → $56 | Maintains | Sell |
| 04/21/2023 | -13.76% | Barclays | $53 → $64 | Maintains | Equal-Weight |
| 03/30/2023 | -5.67% | Morgan Stanley | → $70 | Downgrades | Overweight → Equal-Weight |
| 02/23/2023 | -31.28% | UBS | $48 → $51 | Maintains | Sell |
| 01/30/2023 | -24.54% | Barclays | $55 → $56 | Maintains | Equal-Weight |
| 01/11/2023 | — | Wolfe Research | Upgrades | Underperform → Peer Perform | |
| 11/23/2022 | -39.36% | Deutsche Bank | → $45 | Downgrades | Hold → Sell |
| 11/08/2022 | -27.23% | Morgan Stanley | → $54 | Upgrades | Equal-Weight → Overweight |
| 10/05/2022 | -39.36% | Deutsche Bank | $47 → $45 | Maintains | Hold |
| 09/16/2022 | -25.89% | Morgan Stanley | $51 → $55 | Upgrades | Underweight → Equal-Weight |
| 09/14/2022 | -36.67% | Deutsche Bank | → $47 | Initiates Coverage On | → Hold |
| 07/19/2022 | -31.28% | Barclays | $61 → $51 | Maintains | Equal-Weight |
| 07/13/2022 | -46.1% | Citigroup | $70 → $40 | Downgrades | Neutral → Sell |
| 07/07/2022 | — | Wolfe Research | Downgrades | Peer Perform → Underperform | |
| 06/23/2022 | -29.93% | Morgan Stanley | $66 → $52 | Maintains | Underweight |
| 06/08/2022 | -17.8% | Barclays | $62 → $61 | Maintains | Equal-Weight |
| 03/24/2022 | -15.11% | Morgan Stanley | $55 → $63 | Downgrades | Equal-Weight → Underweight |
| 07/15/2021 | -7.69% | HSBC | $67 → $68.5 | Upgrades | Reduce → Hold |
| 07/08/2021 | -25.89% | Barclays | $57 → $55 | Upgrades | Underweight → Equal-Weight |
| 04/21/2021 | -12.41% | UBS | $60 → $65 | Downgrades | Neutral → Sell |
| 12/10/2020 | — | UBS | Downgrades | Buy → Neutral | |
| 12/01/2020 | -34.64% | HSBC | → $48.5 | Downgrades | Hold → Reduce |
| 10/14/2020 | — | BBVA | Downgrades | Market Perform → Underperform | |
| 08/04/2020 | -48.79% | Morgan Stanley | $37 → $38 | Downgrades | Equal-Weight → Underweight |
| 06/22/2020 | -55.53% | JP Morgan | $27 → $33 | Downgrades | Neutral → Underweight |
| 06/16/2020 | -44.75% | Goldman Sachs | $47 → $41 | Downgrades | Buy → Neutral |
| 05/19/2020 | -46.1% | UBS | $38 → $40 | Maintains | Buy |
| 04/15/2020 | -63.62% | JP Morgan | $38 → $27 | Maintains | Neutral |
| 03/30/2020 | -48.79% | UBS | $43 → $38 | Maintains | Buy |
| 03/25/2020 | -63.62% | Morgan Stanley | → $27 | Upgrades | Underweight → Equal-Weight |
| 02/18/2020 | -56.88% | Morgan Stanley | $35 → $32 | Downgrades | Equal-Weight → Underweight |
| 12/17/2019 | — | Itau BBA | Downgrades | Outperform → Market Perform | |
| 10/10/2019 | -43.4% | UBS | $45 → $42 | Maintains | Buy |
| 09/24/2019 | -51.49% | 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 | -35.32% | Itau BBA | → $48 | Upgrades | Market Perform → Outperform |
| 12/06/2018 | -53.51% | JP Morgan | $47 → $34.5 | Upgrades | Underweight → Neutral |
What is the target price for Southern Copper (SCCO)?
The latest price target for Southern Copper (NYSE: SCCO) was reported by Morgan Stanley on November 27, 2023. The analyst firm set a price target for $68.00 expecting SCCO to fall to within 12 months (a possible -8.37% 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 Morgan Stanley, and Southern Copper downgraded 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 November 27, 2023 so you should expect the next rating to be made available sometime around November 27, 2024.
Is the Analyst Rating Southern Copper (SCCO) correct?
While ratings are subjective and will change, the latest Southern Copper (SCCO) rating was a downgraded with a price target of $83.00 to $68.00. The current price Southern Copper (SCCO) is trading at is $74.21, which is out of the analyst's predicted range.