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 consumer staples sector.
B&G Foods, Inc. (NYSE:BGS)
- Dividend Yield: 9.06%
- Piper Sandler analyst Michael Lavery upgraded the stock from Underweight to Neutral with a price target of $9 on May 16. This analyst has an accuracy rate of 71%.
- TD Cowen analyst Robert Moskow maintained an Underperform rating and cut the price target from $10 to $9.5 on Sept. 19. This analyst has an accuracy rate of 67%.
- Recent News: On June 18, B&G Foods announced a proposed credit agreement refinancing.
- Benzinga ...