Business
Top brokers name 3 ASX shares to buy today 27 January 2021
Many of Australia’s top brokers have been busy adjusting their financial models again, leading to the release of a large number of broker notes this week.
Three broker buy ratings that have caught my eye are summarised below. Here’s why brokers think these ASX shares are in the buy zone:
Corporate Travel Management Ltd (ASX: CTD)
According to a note out of Credit Suisse, its analysts have upgraded this corporate travel specialist’s shares to an outperform rating with an improved price target of $22.00. The broker is expecting Corporate Travel Management’s performance to improve greatly in FY 2022 thanks to market share gains, pent-up demand, and higher levels of profitability. Based on this, it estimates that its shares are…
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