Business
Brokers name 3 ASX shares to buy right now 8 January 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 and lifted the price target on this footwear retailer’s shares to $2.60. The broker lifted its price target after upgrading its earnings estimates to account for Accent’s positive trading update. The broker believes there could be more of the same in the future and suspects that its stronger profit margins could be sustained. The Accent share price was trading at $2.44 on…
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