Benzinga - by Avi Kapoor, Benzinga Staff Writer.
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 our 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 industrials sector.
Copa Holdings, S.A. (NYSE: CPA)
- Dividend Yield: 6.12%
- Raymond James analyst Savanthi Syth maintained a Strong Buy rating and increased the price target from $152 to $155 on Nov. 17, 2023. This analyst has an accuracy rate of 67%.
- HSBC analyst Alexandre Falcao maintained a Buy rating and slashed the price target from $143 to $138 on June 13, 2023. This analyst has an accuracy rate of 71%.
- Recent News: On Feb. 7, Copa Holdings posted better-than-expected fourth-quarter earnings.
- Dividend Yield: 3.24%
- JP Morgan analyst Brian Ossenbeck maintained an Underweight rating and cut the price target from $78 to $75 on Feb. 1, 2024. This analyst has an accuracy rate of 75%.
- BMO Capital analyst Fadi Chamoun maintained a Market Perform rating and slashed the price target from $90 to $85 on Feb. 1, 2024. This analyst has an accuracy rate of 83%.
- Recent News: On March 13, C.H. Robinson named Michael McGarry and Paige Robbins as nominees for board of directors.
- Dividend Yield: 3.52%
- JP Morgan analyst Michael Rehaut maintained an Underweight rating and cut the price target from $89 to $80 on Feb. 6, 2024. This analyst has an accuracy rate of 70%.
- Barclays analyst Julian Mitchell maintained an Overweight rating and lowered the price target from $120 to $105 on Oct. 30, 2023. This analyst has an accuracy rate of 77%.
- Recent News: On Feb. 1, Stanley Black & Decker reported mixed fourth-quarter earnings and issued worse-than-expected FY24 EPS outlook.
Read More: Top 4 Financial Stocks That May Collapse This Quarter
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