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Wall Street's Most Accurate Analysts Give Their Take On 3 Utilities Stocks Delivering High-Dividend Yields

Benzinga ·  Aug 19 07:11

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 utilities sector.

Atlantica Sustainable Infrastructure plc (NASDAQ:AY)

  • Dividend Yield: 8.04%
  • Seaport Global analyst Angie Storozynski downgraded the stock from Buy to Neutral on May 29. This analyst has an accuracy rate of 74%.
  • BMO Capital analyst James Thalacker maintained a Market Perform rating and boosted the price target from $20 to $23 on May 10. This analyst has an accuracy rate of 69%.
  • Recent News: On Aug. 1, Atlantica Sustainable posted better-than-expected quarterly sales.
  • Benzinga Pro's real-time newsfeed alerted to latest AY news

UGI Corporation (NYSE:UGI)

  • Dividend Yield: 6.16%
  • Wells Fargo analyst Sarah Akers maintained an Equal-Weight rating and cut the price target from $28 to $27 on May 3. This analyst has an accuracy rate of 70%.
  • Mizuho analyst Gabriel Moreen maintained a Neutral rating and raised the price target from $26 to $27 on April 17. This analyst has an accuracy rate of 75%.
  • Recent News: On Aug. 7, UGI posted a profit for the third quarter.
  • Benzinga Pro's charting tool helped identify the trend in UGI stock.

Avista Corporation (NYSE:AVA)

  • Dividend Yield: 4.97%
  • Mizuho analyst Anthony Crowdell upgraded the stock from Underperform to Neutral and raised the price target from $32 to $36 on May 3. This analyst has an accuracy rate of 64%.
  • Guggenheim analyst Shahriar Pourreza upgraded the stock from Sell to Neutral with a price target of $34 on Jan. 22. This analyst has an accuracy rate of 66%.
  • Recent News: On Aug. 7, Avista posted upbeat quarterly earnings.
  • Benzinga Pro's signals feature notified of a potential breakout in AVA shares.

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Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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