Business
Brokers name 3 ASX shares to buy right now 5 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:
According to a note out of Citi, its analysts have retained their buy rating but trimmed the price target on this data centre operator’s shares slightly to $14.45. The broker was pleased with NEXTDC’s half year results last month. Looking ahead, Citi notes that a good portion of its future earnings are already contracted. Furthermore, with the shift to the cloud accelerating, demand looks set to continue to grow in the coming years. The NEXTDC share…
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