Southern Copper (NYSE: SCCO) recently received a number of ratings updates from brokerages and research firms:
- 7/28/2026 – Southern Copper was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
- 7/26/2026 – Southern Copper was downgraded by CICC Research to “market perform”.
- 7/23/2026 – Southern Copper was given a new $166.00 price target by Barclays PLC. They now have an “underweight” rating on the stock.
- 7/15/2026 – Southern Copper had its “positive” rating reaffirmed by Citigroup Inc..
- 7/15/2026 – Southern Copper had its “underweight” rating reaffirmed by Barclays PLC. They now have a $160.00 price target on the stock, up from $148.00.
- 7/9/2026 – Southern Copper was upgraded by Zacks Research from “hold” to “strong-buy”.
- 7/9/2026 – Southern Copper had its price target raised by Wells Fargo & Company from $171.00 to $172.00. They now have an “equal weight” rating on the stock.
- 7/8/2026 – Southern Copper was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
- 7/8/2026 – Southern Copper had its price target raised by Morgan Stanley from $146.00 to $158.00. They now have an “underweight” rating on the stock.
- 6/30/2026 – Southern Copper had its “sell” rating reaffirmed by UBS Group AG. They now have a $160.00 price target on the stock, up from $145.00.
- 6/27/2026 – Southern Copper was upgraded by Wall Street Zen from “hold” to “buy”.
- 6/24/2026 – Southern Copper had its “buy (b)” rating reaffirmed by Weiss Ratings.
- 6/17/2026 – Southern Copper had its price target raised by JPMorgan Chase & Co. from $127.00 to $131.50. They now have an “underweight” rating on the stock.
- 6/15/2026 – Southern Copper had its “underperform” rating reaffirmed by Scotiabank. They now have a $140.00 price target on the stock, up from $135.00.
- 6/15/2026 – Southern Copper had its price target raised by Scotiabank from $135.00 to $140.00. They now have a “sector underweight” rating on the stock.
Southern Copper Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 27th. Investors of record on Tuesday, August 11th will be paid a dividend of $1.10 per share. This is a positive change from Southern Copper’s previous quarterly dividend of $1.00. The ex-dividend date is Tuesday, August 11th. This represents a $4.40 annualized dividend and a yield of 2.4%. Southern Copper’s dividend payout ratio (DPR) is presently 64.33%.
Insider Transactions at Southern Copper
In other Southern Copper news, Director Bonilla Luis Miguel Palomino sold 200 shares of the 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 completion of the sale, the director directly owned 1,807 shares in the company, valued at approximately $321,320.74. This trade represents a 9.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Over the last quarter, insiders sold 504 shares of company stock worth $92,008. Corporate 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.
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