In turbulent and uncertain markets, dividend-yielding stocks often become a haven for investors. These companies typically boast strong free cash flows and reward shareholders with generous dividends. To stay informed about analyst perspectives on your favorite stocks, Benzinga offers a dedicated Analyst Stock Ratings page, where you can sort through a comprehensive database of ratings and even filter by analyst accuracy.
Here’s a breakdown of the most accurate analysts’ recent takes on three high-yielding stocks in the materials sector:
Dow Inc. (DOW) – Dividend Yield: 5.24%
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JP Morgan analyst Jeffrey Zekauskas
maintained anOverweight
rating on Dow Inc. on September 13, but lowered the price target from $60 to $55. This analyst boasts a 70% accuracy rate.*
Fermium Research analyst Frank Mitsch
maintained aHold
rating on Dow Inc. on September 12, and also lowered the price target from $60 to $54. This analyst also has a 70% accuracy rate.Recent News:
On September 12, Dow Inc. announced an update to its third-quarter revenue and EBITDA outlook. The company cited an unplanned event at a Texas ethylene cracker and rising input costs and margin compression in Europe.The Chemours Company (CC) – Dividend Yield: 5.12%
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JP Morgan analyst Jeffrey Zekauskas
maintained aNeutral
rating on Chemours on August 6, but lowered the price target from $25 to $18. This analyst, known for his 70% accuracy rate, has a mixed outlook on the company.*
Mizuho analyst John Roberts
initiated coverage on Chemours on June 7 with aNeutral
rating and a price target of $25. This analyst holds a 79% accuracy rate.Recent News:
Chemours released mixed second-quarter financial results on August 1, and issued cautious third-quarter net sales guidance.Mercer International Inc. (MERC) – Dividend Yield: 4.68%
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CIBC analyst Hamir Patel
maintained aNeutral
rating on Mercer International on August 13, but reduced the price target from $10 to $8.5. This analyst’s accuracy rate stands at 60%.*
RBC Capital analyst Matthew McKellar
maintained aSector Perform
rating on Mercer International on August 12, while also lowering the price target from $10 to $8. This analyst holds a 72% accuracy rate.Recent News:
Mercer International reported strong quarterly sales on August 8.By carefully considering these analyst ratings and the latest news impacting these companies, investors can make informed decisions regarding their investment strategies in the materials sector. Benzinga Pro provides real-time news feeds, charting tools, and signals features that can further enhance your investment research.