Do you want to add some ASX 200 tech shares to your portfolio this month?
If you do, then four tech shares that could be worth looking closely at are listed below. Here's what analysts are saying about them right now:
Altium Limited (ASX: ALU)
Morgan Stanley believes that Altium could be an ASX 200 tech share to buy right now. It is the electronic design software provider behind the Altium Designer and Altium 365 platform. In addition, the company has complementary businesses such as the Octopart search engine.
Morgan Stanley is a fan of the company and has an overweight rating and a $50.00 price target on its shares.
TechnologyOne Ltd (ASX: TNE)
Another ASX 200 tech share that could be a buy is Technology One. Its SaaS ERP solution transforms the way organisations interact with customers and communities, providing access from any device, anywhere, at any time.
Goldman Sachs believes the company is well-positioned for growth over the coming years. As a result, it has a buy rating and a $18.30 price target on its shares.
WiseTech Global Ltd (ASX: WTC)
Morgan Stanley also thinks that WiseTech Global could be an ASX 200 tech share to buy right now. It is the logistics solutions company behind the CargoWise One platform. This platform is integral to the global logistics industry and has underpinned stellar growth in recent years.
The broker believes this trend can continue and has put an overweight rating and $85.00 price target on its shares.
Xero Limited (ASX: XRO)
A final ASX 200 tech share that could be a buy is Xero. It is a cloud-based accounting and business services platform provider with an estimated total addressable market of 45 million subscribers globally. This means its current 3.7 million subscriber base is only scratching at the surface of this opportunity.
Citi has a buy rating and a $141.90 price target on its shares.