Business
Brokers name 3 ASX shares to buy right now 2 April 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:
Galaxy Resources Limited (ASX: GXY)
According to a note out of Ord Minnett, its analysts have upgraded this lithium miner’s shares to a buy rating and increased the price target on them to $3.70. The broker made the move in response to a recovery in demand for lithium and stronger prices. In addition, it notes that the Galaxy share price has pulled back a touch, bringing it down to an attractive level for investors. The Galaxy share price ended the week…
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