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Wall Street's Most Accurate Analysts Weigh In On 3 Risk Off Care Stocks With Over 5% Dividend Yields

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Wall Street's Most Accurate Analysts Weigh In On 3 Risk Off Care Stocks With Over 5% Dividend Yields

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 consumer staples sector.

Walgreens Boots Alliance, Inc. (NASDAQ:WBA)

  • Dividend Yield: 10.16%
  • RBC Capital analyst Ben Hendrix maintained a Sector Perform rating and cut the price target from $13 to $9 on Dec. 4. This analyst has an accuracy rate of 66%.
  • Jefferies analyst Brian Tanquilut maintained a Hold rating and cut the price target from $19 to $9 on Oct. 23. This analyst has an accuracy rate of 61%.
  • Recent News: Walgreens Boots Alliance shares rose Tuesday afternoon following a report suggesting the company is in talks to be acquired by a private-equity firm.
  • Benzinga Pro's real-time newsfeed alerted to latest WBA news.

Altria Group, Inc. (NYSE:MO)

  • Dividend Yield: 7.46%
  • B of A Securities analyst Lisa Lewandowski upgraded the stock from Neutral to Buy and raised the price target from $55 to $65 on Dec. 6. This analyst has an accuracy rate of 62%.
  • Barclays analyst Gaurav Jain maintained an Underweight rating and raised the price target from $45 to $46 on Nov. 6. This analyst has an accuracy rate of 61%.
  • Recent News: On Oct. 31, Altria Group reported better-than-expected third-quarter adjusted EPS results.
  • Benzinga Pro's real-time newsfeed alerted to latest MO news

The Kraft Heinz Company (NASDAQ:KHC)

  • Dividend Yield: 5.11%
  • Piper Sandler analyst Michael Lavery downgraded the stock from Overweight to Neutral and cut the price target from $40 to $35 on Nov. 19. This analyst has an accuracy rate of 64%.
  • Mizuho analyst John Baumgartner maintained an Outperform rating and cut the price target from $43 to $41 on Oct. 31. This analyst has an accuracy rate of 73%.
  • Recent News: On Oct. 30, Kraft Heinz posted third-quarter earnings of 75 cents per share, beating estimates, but reported a revenue decline and anticipates a prolonged recovery in U.S. retail..
  • Benzinga Pro’s charting tool helped identify the trend in KHC stock.


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Related Articles (MO + KHC)

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Posted-In: dividend yield Expert Ideas Pro ProjectNews Price Target Pre-Market Outlook Markets Analyst Ratings

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