Southern Copper (SCCO) Could Be 1% Undervalued After UBS Lifted Its Rating

Southern Copper (SCCO) moved back into focus after UBS shifted its rating to Neutral from Sell, citing a more balanced trade off between risk and reward at recent price levels. Recent trading shows that momentum in Southern Copper has cooled in the short term, with a 30 day share price return of down 16.41% and a 90 day move of down 7.01%. The stock still carries a 1 year total shareholder return of 34.5%, pointing …