Southern Copper Corporation (SCCO)
NYSE: SCCO · IEX Real-Time Price · USD
109.34
-2.24 (-2.01%)
Apr 23, 2024, 3:38 PM EDT - Market open
Southern Copper Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Southern Copper stock have an average target of 73.71, with a low estimate of 55 and a high estimate of 130. The average target predicts a decrease of -32.59% from the current stock price of 109.34.
Analyst Consensus: Sell
Analyst Ratings
The average analyst rating for SCCO stock from 7 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 3 | 1 | 1 |
| Sell | 2 | 2 | 2 | 2 | 2 | 3 |
| Strong Sell | 3 | 3 | 3 | 3 | 2 | 2 |
| Total | 8 | 8 | 8 | 8 | 6 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Sell Maintains $53 → $55 | Sell | Maintains | $53 → $55 | -49.70% | Apr 18, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Sell Maintains $61 → $82 | Strong Sell | Maintains | $61 → $82 | -25.00% | Mar 22, 2024 |
| Jefferies | Jefferies | Hold → Strong Buy Upgrades $91 → $130 | Hold → Strong Buy | Upgrades | $91 → $130 | +18.90% | Mar 22, 2024 |
| JP Morgan | JP Morgan | Sell Maintains $64 → $61 | Sell | Maintains | $64 → $61 | -44.21% | Mar 21, 2024 |
| Morgan Stanley | Morgan Stanley | Hold → Sell Downgrades $83 → $68 | Hold → Sell | Downgrades | $83 → $68 | -37.81% | Nov 27, 2023 |
Financial Forecast
Revenue This Year
10.86B
from 9.90B
Increased by 9.74%
Revenue Next Year
12.35B
from 10.86B
Increased by 13.75%
EPS This Year
3.67
from 3.14
Increased by 16.92%
EPS Next Year
4.82
from 3.67
Increased by 31.31%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.8B | 16.6B | 14.6B |
| Avg | 10.9B | 12.4B | 13.8B |
| Low | 9.5B | 10.3B | 13.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 29.7% | 52.6% | 18.3% |
| Avg | 9.7% | 13.7% | 12.1% |
| Low | -3.7% | -5.1% | 4.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.49 | 7.89 | 6.37 |
| Avg | 3.67 | 4.82 | 6.19 |
| Low | 2.88 | 3.74 | 5.95 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 43.1% | 114.8% | 32.2% |
| Avg | 16.9% | 31.3% | 28.4% |
| Low | -8.3% | 2.0% | 23.4% |
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.