In turbulent market conditions, many investors seek the stability of dividend-yielding stocks. These companies typically boast robust free cash flows and generously reward shareholders with high dividend payouts. For Benzinga readers, our Analyst Stock Ratings page offers the latest analyst insights on your preferred stocks. You can explore our extensive database, sorted by analyst accuracy, to find the best perspectives.
Let’s delve into the ratings from some of the most accurate analysts for three prominent high-yielding stocks in the utilities sector:
UGI Corporation (UGI)
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Dividend Yield:
6.27%On May 3, Wells Fargo analyst Sarah Akers maintained an Equal-Weight rating for UGI and lowered the price target from $28 to $27. This analyst has an impressive 70% accuracy rate.
Mizuho analyst Gabriel Moreen issued a Neutral rating and raised the price target from $26 to $27 on April 17. This analyst boasts a 76% accuracy rate.
Recent News:
UGI made a significant move on September 30, appointing Melanie Ruiz and David Bingenheimer as directors, effective November 1. Stay updated on the latest UGI news through Benzinga Pro’s real-time newsfeed.
Avista Corporation (AVA)
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Dividend Yield:
5.11%Mizuho analyst Anthony Crowdell upgraded Avista from Underperform to Neutral on May 3, raising the price target from $32 to $36. This analyst has a 63% accuracy rate.
Guggenheim analyst Shahriar Pourrezza followed suit, upgrading the stock from Sell to Neutral with a price target of $34 on January 22. This analyst boasts a 68% accuracy rate.
Recent News:
Avista will be hosting a quarterly conference call on November 6 to discuss third-quarter results. Keep an eye on Benzinga Pro’s real-time newsfeed for the latest AVA updates.
Eversource Energy (ES)
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Dividend Yield:
4.48%BMO Capital analyst James Thalacker maintained a Market Perform rating for Eversource Energy on October 3, increasing the price target from $70 to $74. This analyst has a 74% accuracy rate.
Mizuho analyst Paul Fremont expressed a more bullish sentiment, maintaining an Outperform rating and boosting the price target from $62 to $73 on October 2. This analyst holds a 63% accuracy rate.
Recent News:
Eversource Energy concluded its exit from the offshore wind business on September 30. Benzinga Pro’s charting tool can help you identify trends in ES stock.
By staying informed about analyst ratings and recent news, investors can make more informed decisions about their investment portfolio. The information presented here should not be considered financial advice. Always consult with a qualified financial professional before making any investment decisions.