Wall Street's Most Accurate Analysts Give Their Take On 3 Energy Stocks Delivering High-Dividend Yields
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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 energy sector.
Nordic American Tankers Limited (NYSE:NAT)
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Dividend Yield: 12.63%
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Jefferies analyst Omar Nokta downgraded the stock from Buy to Hold with a price target of $4 on Sept. 12. This analyst has an accuracy rate of 76%.
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Evercore ISI Group analyst Jonathan Chappell maintained an In-Line rating and slashed the price target from $4.5 to $4 on Aug. 30. This analyst has an accuracy rate of 74%.
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Recent News: On Aug. 29, Nordic American Tanker posted better-than-expected quarterly earnings.
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Benzinga Pro's real-time newsfeed alerted to latest NAT news.
DHT Holdings, Inc. (NYSE:DHT)
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Dividend Yield: 8.97%
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Stifel analyst Benjamin Nolan maintained a Hold rating and raised the price target from $12 to $13 on July 24. This analyst has an accuracy rate of 65%.
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Jefferies analyst Omar Nokta upgraded the stock from Hold to Buy and raised the price target from $11 to $14 on March 21. This analyst has an accuracy rate of 76%
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Recent News: On Aug. 12, DHT Holdings reported better-than-expected second-quarter sales results.
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Benzinga Pro's real-time newsfeed alerted to latest DHT news.
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