Morgan Stanley upgraded Southern Copper Corp (SCCO) to Equal-Weight from Underweight on October 7, 2025. The stock is currently priced at $123.32.
This upgrade reflects a more optimistic view on the company's prospects, suggesting improved fundamentals or better-than-expected performance. Southern Copper Corp, headquartered in Phoenix, Arizona, engages in the development, production, and exploration of copper, molybdenum, zinc, and silver. The company operates mining, smelting, and refining facilities in Peru and Mexico, employing 16,133 full-time staff.
As of November 20, 2025, Southern Copper has a market capitalization of $102.7 billion, a P/E ratio of 26.88, and an EPS of 4.74. The company also boasts a notable dividend yield of 242.4%. Upcoming earnings reports are anticipated on July 27, 2026, with an EPS estimate of $1.37 and revenue estimate of $3.4 billion, and on April 23, 2026, with an EPS estimate of $1.36 and revenue estimate of $3.4 billion.
Analyst consensus indicates 1 Strong Buy, 1 Buy, 9 Hold, 2 Sell, and 3 Strong Sell ratings, reflecting a general Hold sentiment among analysts. Analyst ratings and price targets provide insights based on research, but they are not definitive indicators of future performance. Investment decisions should consider various factors, including company fundamentals, competitive positioning, and market trends.
This update provides insight into the evolving analyst sentiment surrounding Southern Copper Corp (SCCO) as it navigates the metals and mining industry.