Southern Copper Corporation (SCCO)
NYSE: SCCO · IEX Real-Time Price · USD
109.94
+1.30 (1.20%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Southern Copper Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Southern Copper stock have an average target of 84.86, with a low estimate of 54 and a high estimate of 128.71. The average target predicts a decrease of -22.81% from the current stock price of 109.94.
Analyst Consensus: Sell
Analyst Ratings
The average analyst rating for SCCO stock from 5 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 1 | 0 | 0 | 0 |
| Sell | 2 | 2 | 2 | 3 | 3 | 3 |
| Strong Sell | 3 | 3 | 2 | 2 | 1 | 1 |
| Total | 8 | 8 | 6 | 6 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Sell Maintains $82 → $100 | Sell | Maintains | $82 → $100 | -9.04% | Jun 21, 2024 |
| Scotiabank | Scotiabank | Sell Maintains $55 → $54 | Sell | Maintains | $55 → $54 | -50.88% | May 21, 2024 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $122 → $134 | Sell | Maintains | $122 → $134 | +21.58% | Apr 30, 2024 |
| Scotiabank | Scotiabank | Sell Maintains $52 → $54 | Sell | Maintains | $52 → $54 | -50.46% | Apr 18, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Sell Maintains $60 → $81 | Strong Sell | Maintains | $60 → $81 | -26.15% | Mar 22, 2024 |
Financial Forecast
Revenue This Year
11.41B
from 9.90B
Increased by 15.26%
Revenue Next Year
12.97B
from 11.41B
Increased by 13.67%
EPS This Year
4.14
from 3.11
Increased by 33.15%
EPS Next Year
5.38
from 4.14
Increased by 30.12%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 12.9B | 16.6B | 15.5B | 15.1B |
| Avg | 11.4B | 13.0B | 12.8B | 12.3B |
| Low | 10.2B | 10.5B | 10.4B | 10.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 30.0% | 45.3% | 19.8% | 18.2% |
| Avg | 15.3% | 13.7% | -1.4% | -4.1% |
| Low | 3.3% | -8.1% | -19.9% | -19.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 4.97 | 7.80 | 5.59 | 6.79 |
| Avg | 4.14 | 5.38 | 4.71 | 6.59 |
| Low | 2.85 | 3.83 | 3.68 | 6.33 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 59.8% | 88.5% | 3.7% | 44.2% |
| Avg | 33.1% | 30.1% | -12.6% | 40.0% |
| Low | -8.3% | -7.4% | -31.7% | 34.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.