The S&P/ASX 200 Index (ASX: XJO) is home to a good number of quality options for investors to choose from.
To narrow things down, I have picked out four ASX 200 shares that are highly rated right now. Here’s what you need to know about them:
Afterpay Ltd (ASX: APT)
The first ASX 200 share to look at is this buy now pay later (BNPL) focused payments company. It has been growing at an explosive rate in recent years and has been tipped to continue its growth over the 2020s. This is thanks to its leadership position in the rapidly growing BNPL market, its international expansion, and new product launches such as Afterpay Money. Morgan Stanley currently has an overweight rating and $145.00 price target on Afterpay’s shares.
Breville Group Ltd (ASX: BRG)
Another ASX 200 that is rated highly is Breville. It is one of the world’s leading appliance manufacturers. Due to the company’s increasingly popular products, favourable industry tailwinds, international expansion, and its ongoing R&D investment, Breville appears well-placed for growth over the next decade. UBS believes this will be the case. Its analysts have a buy rating and $35.70 price target on its shares.
Lendlease Group (ASX: LLC)
Another ASX 200 share to look at is Lendlease. It is a global property and infrastructure company undertaking a major transformation. This new strategy is shifting its earnings mix and business model to be more like high-flying Goodman Group (ASX: GMG). Goldman Sachs is positive on the transformation and sees a lot of value in its shares. The broker has a buy rating and $16.54 price target on the company’s shares.
Sonic Healthcare Limited (ASX: SHL)
A final ASX 200 share to consider is Sonic Healthcare. It is a medical diagnostics company with operations across the world. While the company is benefiting greatly from COVID-19 testing, the rest of the business is performing positively as well and looks well-placed to benefit from pent up demand for healthcare services. Sonic also has a strong balance sheet, giving it the opportunity to accelerate its growth through acquisitions. Credit Suisse currently has an outperform rating and $40.00 price target on the company’s shares.