The best replacement for sx260 is sx280.

The best alternatives to sx260 are rated as following:
★★★★★  sx280
★★★★  s100
★★★★  zs20
★★★  s110
★★  tz30
★★  sx270
★★  sx240
★★  s9300
★★  sx230
★★  sx510
★★  hx20v
★★  sx500
★  l820
★  sx40
★  sx170
★  s95
★  panasonic zs20
★  tz35
★  tz40
★  sx50
★  hx20
★  canon sx280
★  s9500
★  hx9v
★  canon s100
★  dmc-zs20
  zs15
  lumix zs20
  elph 110
  sony hx20v
  nikon s9300
  panasonic dmc lumix zs20
  dmc zs20
  sony hx10v
  hx30v
  canon sx500

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sx260
sx280
s100