Business
Brokers name 3 ASX shares to buy now 15 April 2021
Many of Australia’s top brokers have been busy once again adjusting their estimates and recommendations. This has led 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:
Adore Beauty Group Ltd (ASX: ABY)
According to a note out of UBS, its analysts have retained their buy rating and $6.20 price target on this online beauty retailer’s shares. The broker has been looking into the industry and believes consumer purchasing intentions are supportive for Adore Beauty. Its research indicates that demand for skincare and haircare is strong. Outside this, the broker notes that the company has attractive growth…
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