Impact of Brokerage Rating on Southern Copper Corporation(SCCO)

Many Southern Copper Corporation(SCCO) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Southern Copper Corp was Downgraded by Morgan Stanley to Underweight on Dec 13, 2016. Southern Copper Corp was Upgraded by Credit Suisse to Neutral on Dec 7, 2016.

Company has reported several Insider transactions to the SEC, on Dec 2, 2016, Bonilla Luis Miguel Palomino (director) sold 600 shares at 33.15 per share price.On Jan 15, 2016, Oscar Gonzalez Rocha (CEO) purchased 8,000 shares at 25.91 per share price.On Nov 23, 2015, German Larrea Mota Velasco (Chairman of the Board) purchased 334,000 shares at 27.14 per share price.

Southern Copper Corporation (NYSE:SCCO) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 3.17 by 6 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys. 3 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell. A sell rating was given by 1 analyst.

Southern Copper Corporation (NYSE:SCCO): 8 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $32.31 in Southern Copper Corporation (NYSE:SCCO). However, the stock price could fluctuate by $ 4.48 from the estimate as it is suggested by the standard deviation reading. The higher estimate has been put at $41 price target with the lower price estimate is calculated at $28

Southern Copper Corporation (NYSE:SCCO) witnessed a decline in the market cap on Tuesday as its shares dropped 0.03% or 0.01 points. After the session commenced at $38.46, the stock reached the higher end at $38.75 while it hit a low of $38.285. With the volume soaring to 1,151,551 shares, the last trade was called at $38.63. The company has a 52-week high of $39.5. The company has a market cap of $29,862 million and there are 773,016,470 shares in outstanding. The 52-week low of the share price is $23.54.

Southern Copper Corporation is a mining metallurgical company, producer of copper and valuable by-products.


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