Jefferies analyst Alejandro Demichelis maintained a Buy rating on Southern Copper today and set a price target of $155.00. The company’s shares closed last Friday at $125.10.
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According to TipRanks, Demichelis is an analyst with an average return of 0.0% and a 48.48% success rate.
The word on The Street in general, suggests a Hold analyst consensus rating for Southern Copper with a $109.42 average price target.
The company has a one-year high of $136.50 and a one-year low of $73.36. Currently, Southern Copper has an average volume of 1.57M.
Based on the recent corporate insider activity of 36 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SCCO in relation to earlier this year. Last month, Luis Miguel Palomino Bonilla, a Director at SCCO sold 200.00 shares for a total of $21,088.00.
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- Southern Copper price target raised to $108 from $89.10 at Citi
- Southern Copper upgraded to Equal Weight from Underweight at Morgan Stanley
- Southern Copper initiated with an Equal Weight at Wells Fargo
- Southern Copper price target raised to $155 from $130 at Jefferies
- Grupo Mexico downgraded to Hold at Jefferies on valuation discount
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