Business
Top brokers name 3 ASX shares to buy next week 29 November 2020
Last week saw a large number of broker notes hitting the wires once again. Three buy ratings that caught my eye are summarised below.
Here’s why brokers think investors ought to buy them next week:
Jumbo Interactive Ltd (ASX: JIN)
According to a note out of Goldman Sachs, its analysts have retained their buy rating and $14.50 price target on this online lottery ticket seller’s shares. The broker believes the next 12 to 24 months could be catalyst rich for its share price. These catalysts include the completion of the LotteryWest agreement, further contract wins domestically and offshore, and a normalisation and improvement of the jackpot sequence. In respect to the latter, it notes that there is a strong correlation between…
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