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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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. Here's a look at the most recent high-yield dividend stock ratings from the most accurate Wall Street analysts, according to Benzinga's Analyst Stock Ratings.
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Below are the ratings of the most accurate analysts for three high-yielding stocks in the materials sector.
Sonoco Products Company (NYSE:SON)
- Dividend Yield: 3.30%
- Seaport Global analyst Mark Weintraub upgraded the stock from Neutral to Buy with a price target of $65 on March 20, 2023. This analyst has an accuracy rate of 79%.
- Citigroup analyst Anthony Pettinari maintained a Buy rating and cut the price target from $71 to $69 on Feb. 13, 2023. This analyst has an accuracy rate of 77%.
- Recent News: Sonoco raised its Q4 guidance.
Tronox Holdings plc (NYSE:TROX)
- Dividend Yield: 3.62%
- UBS analyst Joshua Spector maintained a Buy rating and raised the price target from $17 to $19 on Jan. 11, 2023. This analyst has an accuracy rate of 67%.
- Goldman Sachs analyst Duffy Fischer maintained a Buy rating and increased the price target from $16.01 to $18 on Dec. 15, 2022. This analyst has an accuracy rate of 67%.
- Recent News: Tronox Holdings reported worse-than-expected Q4 results.
International Flavors & Fragrances Inc. (NYSE:IFF)
- Dividend Yield: 3.64%
- Deutsche Bank analyst David Begleiter maintained a Buy rating and cut the price target from $120 to $110 on Feb. 10, 2023. This analyst has an accuracy rate of 75%.
- Credit Suisse analyst John Roberts maintained an Outperform rating and slashed the price target from $120 to $115 on Feb. 10, 2023. This analyst has an accuracy rate of 79%.
- Recent News: International Flavors & Fragrances reported worse-than-expected Q4 sales results and issued FY23 revenue guidance below estimates.
Read More: Investor Fear Eases Following Surge In Tech Stocks
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.