Brokers name 3 ASX shares to buy right now 29 January 2021

Australia’s top brokers have been busy adjusting their estimates and recommendations again, leading to the release of a number of broker notes.

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:

According to a note out of Morgans, its analysts have retained their add rating and lifted the price target on this online book retailer’s shares to $3.48. This follows the release of a first half trading update earlier this week. Morgans was pleased with Booktopia’s update and notes that it delivered very strong growth during the half. It also feels that management’s guidance is conservative and the company can outperform it. Looking ahead,…