Business
Brokers name 3 ASX shares to buy now 27 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:
Aussie Broadband Ltd (ASX: ABB)
According to a note out of Shaw & Partners, its analysts have retained their buy rating and lifted their price target on this broadband provider’s shares to $3.33. The broker appears pleased with the company’s decision to allow retail brands to sell its internet services under their own name. And while it notes that the company hasn’t disclosed margins, it expects them to be in line with core…
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