Business
2 ASX shares rated as buys by brokers
Brokers regularly update their estimates and recommendations about many ASX shares. The two in this article have been rated as buys by at least three brokers.
Some ASX shares are well liked by many brokers, whilst others get mixed reviews.
These two ASX shares are ones rated as buys by brokers:
A2 Milk shares are liked by at least four brokers including UBS and Morgans.
The A2 Milk share price is down by around 45% over the last six months.
UBS believes that A2 Milk could benefit from a recovery of sales with infant formula as it reactivates its daigou channel over the next year and a half. The broker also thinks that company could achieve market share gains at Chinese mother and baby stores.
However, whilst there continues to…
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