Southern Copper stock: Barclays raises target for Southern Copper stock to USD 168

Published on 10/22/2026 at 17:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sales rose 39.10 percent to USD 4.70 billion. Southern Copper stock costs EUR 164.15 on October 22, 2026 at 5:46 p.m. CEST.

Targets and quarterly figures

Barclays raised its Southern Copper price target to USD 168.00 on October 19, 2026.
Third-quarter sales rose 39.10 percent to USD 4.70 billion.
Southern Copper stock costs EUR 164.15 at Lang & Schwarz on October 22, 2026 at 5:46 p.m. CEST.

SCCO, US84265V1052, Illustration mit AI erstellt.

Barclays raised its Southern Copper price target from USD 166.00 to USD 168.00 on October 19, 2026, while keeping an Underweight rating, according to MarketBeat. Southern Copper was trading at EUR 164.15 at Lang & Schwarz on October 22, 2026 at 5:46 p.m. CEST.

Third-quarter sales set a record

Southern Copper reported third-quarter 2026 net sales of USD 4,696.60 million, up 39.10 percent from the year-earlier quarter. Net income reached USD 1,801.80 million, an increase of 62.70 percent, while diluted earnings per share came to USD 2.15.

TradingView reported that operating cash flow rose 42.60 percent year over year to USD 2,224.30 million. Copper mined production fell 1.10 percent from the prior quarter to 232,396 tonnes, highlighting the contrast between price-driven earnings growth and mine output.

Price position stays below yearly high

The primary-market quote was USD 183.89 on the NYSE at 11:53 a.m. EDT on October 22, 2026. Southern Copper's 52-week range was USD 115.74 to USD 221.24, placing the quote 16.87 percent below the high and 58.90 percent above the low. Its market capitalization was USD 155.3 billion and its price-to-earnings ratio was 24.06.

Target, dividend and dates

Barclays' USD 168.00 target lies 8.64 percent below the primary-market price of USD 183.89 on October 22, 2026. That distance gives the analyst action a clear valuation context without turning it into a recommendation.

Southern Copper declared a quarterly cash dividend of USD 1.30 per share, up from USD 1.10, and a stock dividend of 0.0106 shares per share. MarketBeat listed November 3, 2026 as the ex-dividend and share-distribution date, with the cash payment scheduled for November 19, 2026.

What the target says

The USD 15.89 gap between the primary-market price and Barclays' target is smaller than the 39.10 percent revenue increase recorded in the third quarter. The comparison puts the latest analyst stance beside the company's strongest recent operating figures, while the 1.10 percent decline in mined copper output remains a measurable counterpoint.