Wall Street's Most Accurate Analysts Give Their Take On 3 Consumer Stocks Delivering High-Dividend Yields
Portfolio Pulse from Avi Kapoor
Wall Street's most accurate analysts have provided their latest ratings on three high-dividend-yield consumer stocks: Dine Brands Global, Ford Motor Company, and Hasbro. These stocks are noted for their high free cash flows and substantial dividend payouts. The analysts' ratings and recent news for each company are highlighted.
June 06, 2024 | 11:31 am
News sentiment analysis
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NEGATIVE IMPACT
Dine Brands Global has received mixed ratings from analysts following its downbeat quarterly results. Barclays maintained an Overweight rating but cut the price target to $54, while Wedbush maintained a Neutral rating and lowered the price target to $46.
The mixed ratings and reduced price targets from analysts, combined with downbeat quarterly results, suggest a negative short-term impact on Dine Brands Global's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Ford Motor Company has received a mix of Neutral and Overweight ratings from analysts. Piper Sandler initiated coverage with a Neutral rating and a $13 price target, while Morgan Stanley raised its price target to $16. Ford reported an 88% jump in electric vehicle sales in the U.S. for the first five months of 2024.
Despite mixed analyst ratings, the significant increase in electric vehicle sales is a positive indicator for Ford's stock in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Hasbro has received positive ratings from analysts. JP Morgan upgraded the stock to Overweight with a price target of $74, and Jefferies maintained a Buy rating, raising the price target to $63. Hasbro also raised $500 million through a bond sale.
The positive ratings and increased price targets from analysts, along with the successful bond sale, suggest a positive short-term impact on Hasbro's stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100