Barclays sets USD 165 target for Southern Copper stock
Published on 10/26/2026 at 17:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and price
- Barclays maintained its Sell rating on October 26, 2026.
- Third-quarter sales rose 39.10 percent year over year to USD 4.70 billion.
- Southern Copper stock costs EUR 167.13 at Lang & Schwarz on October 26, 2026 at 5:53 p.m. CEST, 1.35 percent above the Xetra close of October 23, 2026, and 24.42 percent below its 52-week high.
Southern Copper Corporation (US84265V1052) received a USD 165.00 price target from Barclays on October 26, 2026, while the firm maintained its Sell rating, according to Markets Insider. The target is 11.70 percent below Southern Copper's USD 186.85 NYSE price at 12:55 p.m. ET on October 26, 2026. At Lang & Schwarz, the stock was trading at EUR 167.13 on October 26, 2026 at 5:53 p.m. CEST, up 1.35 percent versus the Xetra close of October 23, 2026 at EUR 164.90.
Quarterly sales set the backdrop
Southern Copper reported third-quarter sales of USD 4,696.6 million, compared with USD 3,377.3 million a year earlier. Net income rose to USD 1,801.8 million from USD 1,107.6 million, while basic earnings per share from continuing operations increased to USD 2.15 from USD 1.32, according to MarketScreener. The sales increase was 39.10 percent year over year, and net income grew 62.70 percent on the same comparison.
Stock remains below its yearly high
The NYSE price of USD 186.85 stood between a 52-week low of USD 115.74 and a high of USD 221.24 on October 26, 2026. That places the stock 24.42 percent below its high and 61.47 percent above its low. Southern Copper's market capitalization was USD 157.8 billion, and its price to earnings ratio was 24.46.
What dates matter next?
MarketScreener lists November 3, 2026 as the ex-dividend date and a USD 1.30 dividend. The company is an integrated copper producer with operations in Peru and Mexico, producing copper, molybdenum, zinc and silver.
Comparison with peers
Southern Copper: up 1.00 percent on the NYSE, price to earnings ratio 24.46, market capitalization USD 157.8 billion.
Freeport-McMoRan (NYSE, USD): down 0.32 percent, price to earnings ratio 31.84, market capitalization USD 93.4 billion.
Teck Resources (NYSE, USD): up 2.07 percent, price to earnings ratio 16.64, market capitalization USD 29.1 billion.
Price keeps the analyst view in focus
Barclays' USD 165.00 target sits below the latest NYSE price, while the euro quotation remains above the October 23 Xetra close. The valuation gap between Southern Copper and Teck Resources is also visible in their price to earnings ratios.
The further course of trading is shown by the continuously updated real-time quote of Southern Copper stock.
Southern Copper at a glance
- Company: Southern Copper Corporation
- ISIN: US84265V1052
- Ticker: SCCO
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 26, 2026, 5:53 p.m. CEST): EUR 167.13
- Change versus Xetra close: plus 1.35 percent
- Xetra close (October 23, 2026): EUR 164.90
- Market capitalization: USD 157.8 billion (as of October 26, 2026)
- 52-week range: USD 115.74-221.24 (as of October 26, 2026)
- Sector / Industry: Specialty Mining & Metals
Market context: Market report S&P 500.
