In times of market uncertainty, many investors turn to dividend-yielding stocks for stability and income. These companies often boast strong free cash flows and reward shareholders with generous payouts. To help investors navigate this landscape, Benzinga provides access to the latest analyst takes on their favorite stocks through the Analyst Stock Ratings page. This comprehensive resource allows traders to sort through a vast database of analyst ratings, including those by the most accurate analysts.
Below, we delve into the ratings of top analysts for three high-yielding stocks in the materials sector: Chemours (CC), Dow (DOW), and Tronox (TROX).
Chemours Company (CC)
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Dividend Yield:
5.96%*
Analyst Ratings:
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Jeffrey Zekauskas (JP Morgan):
Maintained a Neutral rating and cut the price target from $25 to $18 on August 6. This analyst boasts a 72% accuracy rate.*
John Roberts (Mizuho):
Initiated coverage on the stock with a Neutral rating and a price target of $25 on June 7. Roberts has a 77% accuracy rate.*
Recent News:
Chemours announced mixed second-quarter financial results on August 1 and issued weak third-quarter net sales guidance. Benzinga Pro’s real-time newsfeed provided timely updates on CC’s latest developments.Dow Inc. (DOW)
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Dividend Yield:
5.51%*
Analyst Ratings:
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John Roberts (Mizuho):
Maintained a Buy rating and lowered the price target from $62 to $60 on July 26. Roberts has a 77% accuracy rate.*
Michael Sison (Wells Fargo):
Maintained an Overweight rating and slashed the price target from $65 to $62 on July 26. This analyst has a 71% accuracy rate.*
Recent News:
On July 25, Dow reported a 4% year-over-year decline in sales, reaching $10.9 billion and missing the consensus estimate of $11.01 billion. Benzinga Pro’s charting tool helped identify the trend in DOW stock.Tronox Holdings plc (TROX)
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Dividend Yield:
4.28%*
Analyst Ratings:
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Duffy Fischer (Goldman Sachs):
Maintained a Buy rating and cut the price target from $21 to $18 on September 3. This analyst has a 60% accuracy rate.*
John Roberts (Mizuho):
Initiated coverage on the stock with a Neutral rating and a price target of $22 on June 7. Roberts has a 77% accuracy rate.*
Recent News:
On August 1, Tronox Holdings announced worse-than-expected second-quarter financial results. Benzinga Pro’s signals feature alerted to a potential breakout in TROX shares.By reviewing these analyst ratings and considering recent news developments, investors can gain valuable insights into the potential of these high-yielding materials stocks and make informed decisions about their portfolios.
