During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Benzinga readers can review the latest analyst takes on their favorite stocks by visiting Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the utilities sector.
UGI Corporation (NYSE:UGI)
- Dividend Yield: 6.27%
- Wells Fargo analyst Sarah Akers maintained an Equal-Weight rating and cut the price target from $28 to $27 on May 3. This analyst has an accuracy rate of 70%.
- Mizuho analyst Gabriel Moreen maintained a Neutral rating and raised the price target from $26 to $27 on April 17. This analyst has an accuracy rate of 76%.
- Recent News: On Sept. 30, UGI appointed Melanie Ruiz and David Bingenheimer as directors of UGI Corporation, effective Nov. 1.
- Benzinga Pro's real-time newsfeed alerted to latest UGI news.
Avista Corporation (NYSE:AVA)
- Dividend Yield: 5.11%
- Mizuho analyst Anthony Crowdell upgraded the stock from Underperform to Neutral and raised the price target from $32 to $36 on May 3. This analyst has an accuracy rate of 63%.
- Guggenheim analyst Shahriar Pourrezza upgraded the stock from Sell to Neutral with a price target of $34 on Jan. 22. This analyst has an accuracy rate of 68%.
- Recent News: Avista will hold its quarterly conference call to discuss third quarter results on Wednesday, Nov. 6.
- Benzinga Pro's real-time newsfeed alerted to latest AVA news.
Eversource Energy (NYSE:ES)
- Dividend Yield: 4.48%
- BMO Capital analyst James Thalacker maintained a Market Perform rating and raised the price target from $70 to $74 on Oct. 3. This analyst has an accuracy rate of 74%.
- Mizuho analyst Paul Fremont maintained an Outperform rating and boosted the price target from $62 to $73 on Oct. 2. This analyst has an accuracy rate of 63%.
- Recent News: On Sept. 30, Eversource Energy completed the exit of offshore wind business.
- Benzinga Pro's charting tool helped identify the trend in ES stock.
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