Commodities
Southern Copper Receives Consensus Reduce Rating, Analysts Set Average Price Target
Southern Copper Corporation (NYSE:SCCO) has received a consensus rating of 'Reduce' from 15 brokerages covering the company, according to Marketbeat.com.
The ratings include seven sell ratings, four hold ratings, three buy ratings, and one strong buy rating. The average 12-month price objective among analysts is $148.60.22.
The company's stock opened at $179.69 on Monday, with a market cap of $148.44 billion. Southern Copper has a price-to-earnings ratio of 26.27 and a beta of 1.11.