Business
Brokers name 3 ASX shares to buy right now 12 February 2021
Australia’s top brokers have been busy adjusting their estimates and recommendations again, leading 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:
According to a note out of Morgans, its analysts have upgraded this gold miner’s shares to an add rating with an improved price target of $29.89. The broker made the move in response to a strong half year result by Newcrest earlier this week. It believes the company is on track to achieve its guidance in FY 2021 and appears more confident on its long term strategy following the update. The Newcrest share price is trading at $26.09 this afternoon.
A…
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