Business
Leading brokers name 3 ASX shares to buy today 25 January 2021
With so many shares to choose from on the ASX, it can be hard to decide which ones to buy.
The good news is that brokers across the country are doing a lot of the hard work for you.
Three top ASX shares that leading brokers have named as buys this week are listed below. Here’s why they are bullish on them:
Fortescue Metals Group Limited (ASX: FMG)
According to a note out of Ord Minnett, its analysts have retained their buy rating and $29.00 price target on this iron ore producer’s shares. The broker notes that Fortescue is expecting to report a first half net profit of US$4 billion to US$4.1 billion in February. This is in line with what Ord Minnett was forecasting. In addition to this, it notes that the company has plans to…
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