Business
Top brokers name 3 ASX shares to buy today 31 December 2020
With many brokers taking a well-earned break over the holiday period, broker notes are few and far between right now.
In light of this, I thought I would take a look at a few that have been released over the last few weeks that remain very relevant today.
Three buy ratings that you might want to pay attention to are listed below:
Australia and New Zealand Banking GrpLtd (ASX: ANZ)
According to a note out of Morgans, its analysts have retained their add rating and lifted their price target on this banking giant’s shares to $26.00. Morgans notes that APRA will remove dividend restrictions on the banks from 2021 and expects this to result in ANZ lifting its dividend payout ratio to upwards of 70% in the coming years. As a result,…
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