Wall Street's Most Accurate Analysts Spotlight On 3 Materials Stocks Delivering High-Dividend Yields
Portfolio Pulse from Avi Kapoor
The article highlights three materials stocks with high dividend yields: The Chemours Company, Mercer International Inc., and Huntsman Corporation. Analysts have provided ratings and price targets for these stocks, with recent news updates on each company.
October 24, 2024 | 11:46 am
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POSITIVE IMPACT
The Chemours Company has a dividend yield of 5.46%. Analysts have mixed ratings, with BMO Capital raising the price target to $32 and Barclays lowering it to $21. The company declared a quarterly dividend of 25 cents per share.
The increase in the price target by BMO Capital and the declaration of a quarterly dividend are positive indicators for Chemours, suggesting potential upward movement in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
NEUTRAL IMPACT
Huntsman Corporation offers a 4.38% dividend yield. Analysts have mixed ratings, with Wells Fargo cutting the price target to $26 and UBS to $22. The company will discuss Q3 results on Nov. 5.
The mixed analyst ratings and reduced price targets indicate a neutral short-term outlook for Huntsman, with potential for movement following the Q3 results discussion.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 85
NEUTRAL IMPACT
Mercer International Inc. has a dividend yield of 4.91%. Analysts have maintained neutral ratings with reduced price targets. The company announced the pricing of a private add-on offering of senior notes.
The neutral ratings and reduced price targets suggest a stable outlook for Mercer International, with no significant short-term price movement expected.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 85