Business
Brokers name 3 ASX shares to buy right now 12 March 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:
Aristocrat Leisure Limited (ASX: ALL)
According to a note out of Morgan Stanley, its analysts have retained their overweight rating and $38.00 price target on this gaming technology company’s shares. The broker’s industry analysis appears to show that Aristocrat Leisure’s digital business is growing strongly. This is thanks largely to the success of its EverMerge and RAID games, which are generating strong revenues. The Aristocrat Leisure share…
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