There are 200 shares for investors to choose from on the benchmark ASX 200 index.
To narrow things down, I have picked out a couple of ASX 200 shares that analysts are particularly positive on.
Here's why these could be quality options on the ASX 200 index:
Treasury Wine Estates Ltd (ASX: TWE)
The first ASX 200 share that is highly rated is Treasury Wine. It is one of the world's largest wine companies and the owner of a collection of popular brands such as 19 Crimes, Penfolds, and Wolf Blass.
The team at Morgans has tipped Treasury Wine as a buy. The broker believes that its shares are trading at a very attractive level compared to global peers, especially given its belief that the company can grow strongly in the coming years.
Its analysts "expect TWE to deliver double digit earnings growth over 2H23/FY24/FY25."
Morgans has an add rating and $15.05 price target on the company's shares.
Xero Limited (ASX: XRO)
Another ASX 200 share that has been named as a buy is Xero. It is one of the world's leading cloud-based accounting solution platform providers.
Xero has been a strong performer in recent years and continued this positive trend in FY 2022 despite operating in a tough environment. The company reported a 29% increase in revenue to NZ$1.1 billion and a 28% jump in annualised monthly recurring revenue (AMRR) to NZ$1.2 billion. This was supported by a 19% increase in total global subscribers to 3.3 million.
The good news is that 3.3 million is still only a small slice of its total addressable market of 100 million small businesses globally according to Goldman Sachs. Thanks to this and its plan to further monetise its growing user base, the broker believes Xero has a very long growth runway.
As a result, its analysts currently have a buy rating and $109.00 price target on its shares.