2 highly rated ASX 200 shares to buy

These ASX 200 shares are highly rated…

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If you are looking to bolster your portfolio with some S&P/ASX 200 Index (ASX: XJO) shares, you may want to look at the two listed below.

Both of these ASX 200 shares have been given buy ratings recently. Here's what you need to know about them:

Goodman Group (ASX: GMG)

The first ASX 200 share to look at is Goodman Group. It is a leading integrated commercial and industrial property company with a portfolio of in-demand properties. Goodman's properties have exposure to key growth markets such as ecommerce and logistics.

The team at Citi are very positive on Goodman's outlook. Its analysts currently have a buy rating and $27.50 price target on the company's shares.

In response to its recent trading update, Citi commented: "We continue to see upside to FY22 guidance and now forecast FY22 EPS of 76.9c (+17% growth), 2% ahead of guidance. Importantly, our 3 year EPS CAGR lifts 200bps to ~16%, reflecting higher asset values, and development activity."

REA Group Limited (ASX: REA)

Another ASX 200 share to look at is property listings company REA Group. It is best-known for the realestate.com.au website, which is dominating the ANZ market with an average of 121.9 million monthly visits to its website in FY 2021.

Goldman Sachs is a big fan of REA Group. The broker currently has a buy rating and $193.00 price target on its shares.

Following its recent acquisition of Mortgage Choice, Goldman said: "We believe the increased focus on finance makes strategic sense for REA, as it looks to capitalize on its strong brand, digital traffic and property data to take share of the sizable, but fragmented mortgage broking industry in Australia. This market has strong near-term volume tailwinds."

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended REA Group Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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