With so many shares to choose from on the ASX, it can be hard to decide which ones to buy. The good news is that brokers across the country are doing a lot of the hard work for you.
Three top ASX shares that leading brokers have named as buys this week are listed below. Here's why they are bullish on them:
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Aeris Resources Ltd (ASX: AIS)
According to a note out of Bell Potter, its analysts have retained their buy rating on this copper miner's shares with an improved price target of 95 cents. This follows news that it has discovered a massive new sulphide lens within the Bentley deposit at its 100%-owned Jaguar operation. Outside this, the broker highlights that Aeris represents a copper dominant mining exposure with all its production assets in Australia. The Aeris share price is trading at 59 cents today.
Aristocrat Leisure Limited (ASX: ALL)
A note out of Morgans reveals that its analysts have retained their add rating and $43.00 price target on this gaming technology company's shares. This follows the company's investor round table event, which went down well with the broker. All in all, Morgans remains optimistic about Aristocrat's long-term growth potential. This is thanks to its superior capitalisation and strong ability to invest in the development of its land-based and digital gaming businesses. The Aristocrat share price is fetching $36.65 this afternoon.
Block Inc (ASX: SQ2)
Analysts at UBS have retained their buy rating and US$102.00 (A$153.22) price target on this payments giant's shares. The broker believes that the Hindenburg Research short attack was filled with unsubstantiated allegations. In light of this, it believes investors should take advantage of its share price weakness to invest in an innovative company that is well-placed for medium term growth. The Block share price is trading at $91.15 on Monday.
