Southern Copper (NYSE:SCCO) Stock Price Expected to Rise, Scotiabank Analyst Says

Southern Copper (NYSE:SCCO) had its target price lifted by investment analysts at Scotiabank from $92.00 to $125.00 in a research report issued to clients and investors on Tuesday, MarketBeat reports. The firm presently has a “sector underperform” rating on the basic materials company’s stock. Scotiabank’s price objective would indicate a potential downside of 36.96% from the stock’s current price.

Several other brokerages have also recently issued reports on SCCO. Wells Fargo & Company set a $182.00 target price on shares of Southern Copper and gave the stock an “equal weight” rating in a report on Tuesday, January 13th. The Goldman Sachs Group reiterated a “sell” rating and set a $129.00 price objective on shares of Southern Copper in a research note on Wednesday, January 14th. Itau BBA Securities lowered shares of Southern Copper from a “market perform” rating to an “underperform” rating and set a $126.00 price objective on the stock. in a report on Monday, December 22nd. UBS Group set a $148.00 target price on Southern Copper and gave the stock a “sell” rating in a report on Wednesday, January 21st. Finally, Jefferies Financial Group set a $155.00 target price on Southern Copper and gave the company a “buy” rating in a research report on Monday, October 6th. Two research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and seven have given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and an average price target of $134.65.

Southern Copper Trading Up 1.8%

SCCO opened at $198.27 on Tuesday. The company has a quick ratio of 3.91, a current ratio of 4.52 and a debt-to-equity ratio of 0.64. The stock’s fifty day moving average is $153.50 and its two-hundred day moving average is $127.17. The company has a market capitalization of $161.04 billion, a P/E ratio of 41.57, a PEG ratio of 1.63 and a beta of 1.06. Southern Copper has a 52 week low of $74.84 and a 52 week high of $201.45.

Southern Copper shares are set to split on Tuesday, February 10th. The 1.0085-1 split was recently announced. The newly minted shares will be issued to shareholders after the closing bell on Monday, February 9th.

Southern Copper (NYSE:SCCO) last posted its quarterly earnings results on Friday, October 31st. The basic materials company reported $1.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.26 by $0.09. The business had revenue of $3.38 billion for the quarter, compared to the consensus estimate of $3.05 billion. Southern Copper had a return on equity of 38.74% and a net margin of 30.98%. Analysts forecast that Southern Copper will post 4.66 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Bonilla Luis Miguel Palomino sold 400 shares of Southern Copper stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $139.00, for a total transaction of $55,600.00. Following the completion of the sale, the director directly owned 1,265 shares in the company, valued at approximately $175,835. The trade was a 24.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Over the last quarter, insiders have sold 948 shares of company stock worth $131,130. 0.07% of the stock is currently owned by insiders.

Institutional Trading of Southern Copper

Institutional investors and hedge funds have recently bought and sold shares of the business. Legal & General Group Plc lifted its holdings in Southern Copper by 4.3% in the second quarter. Legal & General Group Plc now owns 941,712 shares of the basic materials company’s stock valued at $95,273,000 after acquiring an additional 38,856 shares during the last quarter. Rakuten Investment Management Inc. purchased a new stake in Southern Copper in the third quarter valued at $2,976,000. Nordea Investment Management AB lifted its stake in shares of Southern Copper by 5.7% in the 3rd quarter. Nordea Investment Management AB now owns 148,484 shares of the basic materials company’s stock valued at $17,778,000 after purchasing an additional 7,995 shares during the last quarter. SBI Securities Co. Ltd. lifted its stake in shares of Southern Copper by 82.5% in the 2nd quarter. SBI Securities Co. Ltd. now owns 5,085 shares of the basic materials company’s stock valued at $514,000 after purchasing an additional 2,298 shares during the last quarter. Finally, Edgestream Partners L.P. purchased a new position in shares of Southern Copper during the 2nd quarter worth $5,436,000. 7.94% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Southern Copper

Here are the key news stories impacting Southern Copper this week:

• Positive Sentiment: Q4 beat — Southern Copper reported a powerful Q4: revenue ~+$3.9B (+39% YoY), diluted EPS ~$1.56 (+63%), wider gross and operating margins, and net income up ~65%. Management also reported higher cash (~$4.3B) and increased capex, showing strong cash generation and reinvestment capability. Southern Copper Q4 financials (Quiver)
• Positive Sentiment: Favorable copper market and project pipeline — Structural copper demand (electrification, AI/data centers) and supply constraints support higher copper prices long term. Southern Copper’s large reserve base and progress on the Tía María project (under construction) improve its growth optionality and income profile. Copper scarcity and SCCO outlook (MarketBeat)
• Neutral Sentiment: Earnings call details — The recent call/transcript provides management commentary confirming record profits and explaining operational drivers; useful for modeling margins and near-term cash flow but contains mixed operational signals. Earnings call transcript (Seeking Alpha)
• Neutral Sentiment: Earnings-call summary coverage — Roundups emphasize “profits soar” while noting production trends; they reiterate the beat but leave details on multi-year volume trajectory for investors to parse. Earnings call highlights (TipRanks)
• Negative Sentiment: Guidance / output risk — Management flagged lower output in 2027–28, which could pressure future volumes and revenue growth even if prices stay elevated; this near‑term production decline is a key risk priced in by traders. Q4 beat; lower output guidance (MSN)
• Negative Sentiment: Mixed analyst stance and insider activity — Recent analyst notes remain mixed-to-negative (several sell/underweight calls and price targets well below the current price), and disclosure of insider sales could weigh on sentiment if sustained. These items can cap near-term upside despite the earnings beat. Analyst ratings & insider notes (Quiver)

Southern Copper Company Profile

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.