Weekly Investment Analysts’ Ratings Updates for Southern Copper (SCCO)

Several analysts have recently updated their ratings and price targets for Southern Copper (NYSE: SCCO):

  • 4/15/2026 – Southern Copper was given a new $186.00 price target by Wells Fargo & Company. They now have an “equal weight” rating on the stock.
  • 4/10/2026 – Southern Copper had its price target raised by JPMorgan Chase & Co. from $117.50 to $127.00. They now have an “underweight” rating on the stock.
  • 4/10/2026 – Southern Copper was upgraded by The Goldman Sachs Group, Inc. from “sell” to “neutral”. They now have a $178.00 price target on the stock.
  • 4/9/2026 – Southern Copper had its price target raised by Morgan Stanley from $155.00 to $160.00. They now have an “underweight” rating on the stock.
  • 3/27/2026 – Southern Copper had its “buy (b)” rating reaffirmed by Weiss Ratings.
  • 3/27/2026 – Southern Copper had its price target lowered by UBS Group AG from $150.00 to $140.00. They now have a “sell” rating on the stock.
  • 3/21/2026 – Southern Copper was upgraded by Wall Street Zen from “hold” to “buy”.
  • 3/1/2026 – Southern Copper was downgraded by Wall Street Zen from “buy” to “hold”.
  • 2/26/2026 – Southern Copper was downgraded by Bank of America Corporation from “neutral” to “underperform”. They now have a $175.00 price target on the stock, up from $162.00.
  • 2/21/2026 – Southern Copper was upgraded by Wall Street Zen from “hold” to “buy”.

Southern Copper Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Tuesday, February 10th were given a dividend of $1.00 per share. The ex-dividend date was Tuesday, February 10th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.1%. This is an increase from Southern Copper’s previous quarterly dividend of $0.90. Southern Copper’s dividend payout ratio is currently 75.19%.

Insider Buying and Selling

In other news, Director Lerdo De Tejada Leon Contreras sold 9,326 shares of the stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $209.56, for a total transaction of $1,954,344.91. Following the completion of the transaction, the director directly owned 605 shares in the company, valued at approximately $126,783.04. This represents a 93.91% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Bonilla Luis Miguel Palomino sold 193 shares of the stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $174.60, for a total value of $33,697.80. Following the transaction, the director owned 1,707 shares of the company’s stock, valued at $298,042.20. This represents a 10.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 9,526 shares of company stock valued at $1,989,373 over the last quarter. 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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