Business
Brokers name 3 ASX shares to buy right now 20 November 2020
Australia’s top brokers have been busy adjusting their estimates and recommendations again, leading to the release of a large number of broker notes this week.
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 retained their add rating but reduced their price target on this infant formula and fresh milk company’s shares to $17.28. This follows the release of an update at its annual general meeting earlier this week. While Morgans has concerns over a2 Milk’s ability to achieve its guidance in FY 2021, it believes the weakness it is experiencing now is only temporary. In addition to this,…
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