Recent Analysts’ Ratings Changes for Southern Copper (SCCO)

Several brokerages have updated their recommendations and price targets on shares of Southern Copper (NYSE: SCCO) in the last few weeks:

• 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.
• 5/21/2026 – Southern Copper is now covered by Barclays PLC. They set an “underweight” rating and a $148.00 price target on the stock.
• 5/21/2026 – Southern Copper was upgraded by Barclays PLC from “equal weight” to “strong sell”.
• 5/21/2026 – Southern Copper had its price target raised by UBS Group AG from $140.00 to $145.00. They now have a “sell” rating on the stock.
• 5/16/2026 – Southern Copper was downgraded by Wall Street Zen from “buy” to “hold”.
• 5/15/2026 – Southern Copper had its “underperform” rating reaffirmed by Scotiabank. They now have a $135.00 price target on the stock, up from $133.00.
• 5/15/2026 – Southern Copper had its price target raised by Scotiabank from $133.00 to $135.00. They now have a “sector underperform” rating on the stock.
• 5/1/2026 – Southern Copper was given a new $171.00 price target by Wells Fargo & Company. They now have an “equal weight” rating on the stock.

Southern Copper Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Wednesday, May 13th were paid a $1.00 dividend. The ex-dividend date of this dividend was Wednesday, May 13th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.4%. Southern Copper’s dividend payout ratio is 66.12%.

Insider Activity at Southern Copper

In other news, Director Bonilla Luis Miguel Palomino sold 200 shares of the firm’s stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $177.82, for a total transaction of $35,564.00. Following the sale, the director directly owned 1,807 shares in the company, valued at $321,320.74. This trade represents a 9.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In the last 90 days, insiders have sold 404 shares of company stock worth $74,108. 0.07% of the stock is owned by company insiders.

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.