Wall Street's Most Accurate Analysts Highlight Three Utility Stocks Offering High Dividend Yields – Clearway Energy (NYSE:CWEN)

In times of market turbulence and uncertainty, many investors turn to dividend stocks. These tend to be companies that have high free cash flows and reward shareholders with high dividend payments.

Benzinga readers can check out the latest analyst views on their favorite stocks by visiting the Analyst Stock Ratings page. Traders can review Benzinga's extensive database of analyst ratings, including based on analyst accuracy.

Below are the most accurate analyst ratings for three top-performing stocks in the utilities sector.

Atlántica Sustainable Infrastructure plc IS

  • Dividend yield: 8.09%
  • world seaport Analyst Angie Storozynski downgraded the stock from Buy to Neutral on May 29. This analyst has an accuracy rate of 73%.
  • BMO Capital Analyst James Thalacker maintained a market perform rating and raised the price target from $20 to $23 on May 10. This analyst has an accuracy rate of 74%.
  • Recent news: On August 1, Atlantica Sustainable reported better-than-expected quarterly sales.
  • Benzinga Pro's real-time news feed warned about lattest to IS news.

Clearway Energy, Inc. CWEN

  • Dividend yield: 5.56%
  • Jefferies Analyst Julien Dumoulin-Smith initiated coverage of the stock with a Buy rating and a $35 price target on September 20. This analyst has an accuracy rate of 69%.
  • Morgan Stanley Analyst Robert Kad upgraded the stock from equal weight to overweight and raised the price target from $25 to $36 on July 31. This analyst has an accuracy rate of 80%.
  • Recent news: On August 1, Clearway Energy reported a decline in second-quarter sales.
  • Benzinga Pro's real-time news feed alerts about latest CWEN news.

Spire Inc. MR

  • Dividend yield: 4.55%
  • Stifel Analyst Selman Akyol maintained a Hold rating and raised the price target from $64 to $70 on August 1. This analyst has an accuracy rate of 71%.
  • Mizuho Analyst Gabriel Moreen downgraded the stock from Buy to Neutral and lowered the price target from $64 to $62 on May 2. This analyst has an accuracy rate of 76%.
  • Recent news: On July 31, Spire posted better-than-expected quarterly results.
  • Benzinga Pro's charting tool helped identify the trend in SR stocks.

Read next:

Market news and data provided by Benzinga APIs

Source link

Leave a Comment