Business
Top brokers name 3 ASX shares to buy next week 22 November 2020
Last week saw a large number of broker notes hitting the wires once again. Three buy ratings that caught my eye are summarised below.
Here’s why brokers think investors ought to buy them next week:
According to a note out of Macquarie, its analysts have retained their outperform rating and $17.95 price target on this infant formula and fresh milk company’s shares. This follows the release of an update at its annual general meeting which reiterated its guidance for FY 2021. While the broker notes that a2 Milk Company will require a huge second half and that there’s still a lot of uncertainty in the daigou channel, it remains positive on the company’s medium term growth prospects. The a2 Milk share price ended the week at…
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