Brokers name 3 ASX shares to buy now

Brokers are bullish on these ASX shares…

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With many brokers taking a break over the holiday period, there hasn't been many broker notes released this week.

But don't worry, listed below are a few recent recommendations that remain relevant today. Here's what brokers are saying about these ASX shares:

Aristocrat Leisure Limited (ASX: ALL)

According to a note out of Citi, its analysts have a buy rating and $41.20 price target on this gaming technology company's shares. Citi notes that industry data points to digital bookings showing signs of rebasing recently. The broker feels this as a positive for Aristocrat, particularly given that its Pixel United business continues to outperform peers. In addition, Citi continues to view Aristocrat's land-based business as well positioned for growth and is optimistic on the company's opportunity in real money gaming. The Aristocrat share price is trading at $31.38 this afternoon.

Brickworks Limited (ASX: BKW)

A note out of Morgans reveals that its analysts have an add rating and $24.50 price target on this building products company's shares. Morgans believes that Brickworks' shares are cheap based on the current 40% discount to inferred net tangible assets and the pipeline of value accretive projects to be potentially realised over coming years. The Brickworks share price is fetching $22.80 on Friday.

Coronado Global Resources Inc (ASX: CRN)

Analysts at Macquarie have an outperform rating and $3.10 price target on this coal miner's shares According to the note, although Macquarie feels that Coronado is unlikely to achieve its guidance in FY 2022 due to poor weather, it remains positive. This is due to strong metallurgical coal prices, which it expects to underpin bumper earnings and dividends in FY 2023. The Coronado share price is trading at $1.98 on Friday afternoon.

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 positions in and has recommended Brickworks. The Motley Fool Australia has positions in and has recommended Brickworks. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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