Business
Top brokers name 3 ASX shares to buy next week 4 April 2021
Last week saw a 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:
Australia and New Zealand Banking GrpLtd (ASX: ANZ)
According to a note out of Credit Suisse, its analysts have retained their outperform rating and $29.50 price target on this banking giant’s shares. Credit Suisse notes that COVID-19 loan deferrals are continuing to decline in the sector. This was certainly the case at ANZ, with the bank seeing its total loan deferral balance more than halve during the month of February. This appears to reinforce the broker’s view that the worst is over and the outlook for the sector is improving…
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