These were the best performing ASX 200 shares last week 6 March 2021

Despite its disappointing finish to the week, the S&P/ASX 200 Index (ASX: XJO) was on form and recorded a decent 0.6% weekly gain over the five days. It finished the period at 6,710.8 points.

Four ASX 200 shares that outperformed the market materially are listed below. Here’s why they were the best performers on the index last week:

Australia and New Zealand Banking GrpLtd (ASX: ANZ)

The ANZ share price was the best performer on the ASX 200 last week with a 10.2% gain. The banking giant’s shares were given a lift last week when analysts at Goldman Sachs upgraded them to a buy rating with a $29.00 price target. There were a number of reasons for the upgrade, including its balance sheet strength and net interest margin…