With most brokers taking a break over the holiday period, research notes are few and far between right now.
But don't worry because listed below are three recent broker buy recommendations that still have plenty of upside potential.
Here's why brokers think these ASX shares are in the buy zone:
Chalice Mining Ltd (ASX: CHN)
According to a note out of Bell Potter, its analysts retained their speculative buy rating and $5.40 price target on this mineral exploration company's shares. The broker was pleased with drilling results from the Julimer complex and continues to believe that there's potential for it to emerge as a globally significant and strategic PGE-Ni-Cu deposit and operation. The Chalice Mining share price is trading at $1.69 today.
Computershare Ltd (ASX: CPU)
A note out of Goldman Sachs reveals that its analysts initiated coverage on this administration services company's shares with a buy rating and $27 price target. Goldman believes that Computershare could outperform its guidance in FY 2024. In addition, the broker highlights that its balance sheet is strong and is expected to improve further from here. This could bode well for acquisitions or buybacks. The Computershare share price is fetching $24.44 today.
Endeavour Group Ltd (ASX: EDV)
Analysts at UBS upgraded this drinks giant's shares to a buy rating with an improved price target of $6. According to the note, the broker believes that regulatory concerns are overdone and its shares are good value after tumbling over the last 12 months. The Endeavour share price is trading at $5.24 on Monday.
