ASX investors tend to love the expert analysis on various ASX 300 shares that are routinely provided by brokers.
Having a second, expert opinion on your favourite (or least favourite) ASX shares can help us find the holes in our investment theses, as well as provide some meaningful reassurance to our own bullish projections on a particular ASX company.
So with that in mind, today let's discuss six ASX 300 shares that have just been upgraded by various ASX brokers.
The six shares, according to reporting in The Australian, are discussed below:
Six ASX 300 shares that just got a broker upgrade
APM Human Services International Ltd (ASX: APM)
ASX broker Bell Potter has reportedly raised this ASX 300 employment services share to a buy rating, with a 12-month share price target of $2.21.
That's a good 15.7% above the current price (at the time of writing) of $1.91. The APM Human Services share price has lost 22.2% in 2023 to date:
Clean Seas Seafood Ltd (ASX: CSS)
Bell Potter has also decided to give ASX 300 seafood producer Clean Seas a buy rating, albeit without a share price target.
Today, Clean Seas shares are going for 48 cents each, but have lost 20% over the year so far:
EML Payments Ltd (ASX: EML)
ASX 300 payments share EML is next up. Broker RMC (Royal Bank of Canada) has given the EML share price an outperform rating, along with a 12-month share price target of $1.40.
If realised, that would see the EML share price gain around 30% from its current share price of $1.09. This company is already up a massive 72.6% in 2023 thus far:
Fisher & Paykel Healthcare Corporation Ltd (ASX: FPH)
Our next ASX 300 share to discuss is healthcare stock Fisher & Paykel. Brokers at CLSA have raised their rating on this company to accumulate, alongside a 12-month share price target of $24.47.
If CLSA is on the money here, that would see Fisher & Paykel shares rise 18.73% from the current stock price of $20.61. This company has lost 3.33% over the year so far:
Mineral Resources Limited (ASX: MIN)
The formerly high-flying ASX 300 mining stock and lithium producer Mineral Resources is our penultimate stock to discuss.
Broker firm Citi has raised its rating on Mineral Resources shares to a buy, with a share price target of $79. That represents a potential upside of 13.75% from the current price of $69.45. Mineral Resources shares are still down by 6.7% year to date:
Star Entertainment Group Ltd (ASX: SGR)
Finally today, let's talk about ASX 300 casino and gaming share Star Entertainment. We have a two-for-one special here.
Brokers at Macquarie have raised their view on Star to outperform, with a 12-month share price target of $1.25 for the embattled casino operator. But fellow broker Jefferies is going further with a buy rating and a share price target of $1.33.
This would see upsides of 25% and 33% respectively at the current Star share price of $1. Star Entertainment shares remain down a nasty 40.4% this year:
