Wall Street's Most Accurate Analysts Spotlight On 3 Defensive Stocks Delivering High-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.

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Below are the ratings of the most accurate analysts for three high-yielding stocks in the consumer staples sector.

Walgreens Boots Alliance, Inc. WBA

  • Dividend Yield: 11.49%
  • UBS analyst Kevin Caliendo maintained a Neutral rating and cut the price target from $17 to $12 on July 3. This analyst has an accuracy rate of 75%.
  • RBC Capital analyst Ben Hendrix maintained a Sector Perform rating and slashed the price target from $22 to $13 on July 2. This analyst has an accuracy rate of 73%.
  • Recent News: On Sept. 13, Walgreens Boots Alliance agreed to pay $106.8 million to settle allegations that it submitted false claims to government healthcare programs, violating the False Claims Act and state regulations.
  • Benzinga Pro's real-time newsfeed alerted to latest WBA news.

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The Kraft Heinz Company KHC

  • Dividend Yield: 4.66%
  • Wells Fargo analyst Chris Carey maintained an Equal-Weight rating and raised the price target from $34 to $35 on Aug. 1. This analyst has an accuracy rate of 63%.
  • B of A Securities analyst Bryan Spillane maintained a Buy rating and cut the price target from $42 to $38 on July 10. This analyst has an accuracy rate of 64%
  • Recent News: On July 31, Kraft Heinz reported better-than-expected second-quarter adjusted EPS results.
  • Benzinga Pro's real-time newsfeed alerted to latest KHC news.

Philip Morris International Inc. PM

  • Dividend Yield: 4.52%
  • Goldman Sachs analyst Bonnie Herzog maintained a Buy rating and raised the price target from $126 to $140 on Sept. 26. This analyst has an accuracy rate of 71%.
  • Barclays analyst Gaurav Jain maintained an Overweight rating and increased the price target from $130 to $145 on Sept. 9. This analyst has an accuracy rate of 66%.
  • Recent News: Philip Morris International is expected to report results for its fiscal third quarter on Oct. 22.
  • Benzinga Pro’s charting tool helped identify the trend in PM stock.

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