Wall Street's Most Accurate Analysts Give Their Take On 3 Industrials 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.

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

Copa Holdings, S.A. CPA

  • Dividend Yield: 7.27%
  • Deutsche Bank analyst Michael Linenberg maintained a Buy rating and cut the price target from $145 to $130 on Aug. 8. This analyst has an accuracy rate of 76%.
  • Raymond James analyst Savanthi Syth maintained a Strong Buy rating and raised the price target from $165 to $168 on May 17. This analyst has an accuracy rate of 64%.
  • Recent News: On Aug. 7, Copa Holdings posted upbeat quarterly earnings.
  • Benzinga Pro's real-time newsfeed alerted to latest CPA news

Allegiant Travel Company ALGT

  • Dividend Yield: 5.91%
  • Barclays analyst Brandon Oglenski maintained an Equal-Weight rating and cut the price target from $55 to $45 on July 10. This analyst has an accuracy rate of 61%.
  • Deutsche Bank analyst Michael Linenberg downgraded the stock from Buy to Hold and cut the price target from $75 to $53 on July 8. This analyst has an accuracy rate of 76%.
  • Recent News: Allegiant announced the resignation of Executive Vice President and Chief Marketing Officer Scott DeAngelo.
  • Benzinga Pro’s charting tool helped identify the trend in ALGT stock.

Karat Packaging Inc. KRT

  • Dividend Yield: 5.78%
  • Truist Securities analyst Jake Bartlett downgraded the stock from Buy to Hold and slashed the price target from $34 to $28 on Aug. 9. This analyst has an accuracy rate of 74%.
  • Stifel analyst Michael Hoffman reiterated a Buy rating and increased the price target from $30 to $32 on March 15. This analyst has an accuracy rate of 82%.
  • Recent News: On Aug. 8, Karat Packaging reported worse-than-expected second-quarter financial results.
  • Benzinga Pro’s signals feature notified of a potential breakout in KRT shares.

Read More:

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!