Business
Top brokers name 3 ASX shares to buy next week 18 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:
Bank of Queensland Limited (ASX: BOQ)
According to a note out of Morgans, its analysts have retained their add rating and lifted their price target on this regional bank’s shares to $10.50. This follows the release of Bank of Queensland’s half year results last week. The broker was pleased with the result and has upgraded its earnings estimates to reflect a number of positive trends. In addition, thanks to the improving economy, it suspects that the bank could reverse some of its provisioning in the second half and FY 2022. The Bank of…
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