Leading brokers name 3 ASX shares to buy today

Here's why brokers think that now could be the time to snap up these shares.

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:

A female executive smiles as she carries out business on her mobile phone.

Image source: Getty Images

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.

Motley Fool contributor James Mickleboro has positions in Endeavour Group. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Goldman Sachs Group. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Broker Notes

REIT on wooden circles with real estate investment trust written above on a yellow background.
REITs

6 ASX REITs just hit 52-week lows. Do any brokers say buy?

Several ASX real estate investment trusts (REITs) have hit 52-week lows as the property sector underperforms the market on Friday.…

Read more »

A financial expert or broker looks worried as he checks out a graph showing market volatility.
Broker Notes

Buy, hold, sell: CBA, Capstone Copper, Codan shares

Let's take a look at some new ratings from the experts.

Read more »

a woman peers over a surface with a happy, curious look on her face with eyes wide as though she is overhearing something.
Broker Notes

5 ASX 200 shares brokers tip to rocket 25% to 77%

Looking for buy-the-dip opportunities in today's weak market? Experts reveal their buy calls.

Read more »

Young successful engineer, with blueprints, notepad, and digital tablet, observing the project implementation on construction site and in mine.
Broker Notes

Morgans tips 290% upside for this up-and-coming ASX copper company

This company is in the right place at the right time, the broker says.

Read more »

A woman in a red dress holding up a red graph.
Broker Notes

In a tough retail environment, what's the outlook for Wesfarmers shares?

Analysts argue the major retailer is resilient in the face of tough trading conditions.

Read more »

Two work colleagues looking at a laptop and discussing something.
Broker Notes

Buy, hold, sell: Aristocrat, Liontown, and Navigator Global shares

Let's see what Morgans is saying about these shares.

Read more »

Man using his device in an airport.
Broker Notes

This ASX 200 share is tipped to return over 50%

Bell Potter sees potential for this stock to deliver very big returns.

Read more »

Woman holding her glasses and looking at her laptop.
Broker Notes

Buy, hold, sell: Deep Yellow, SGH, Telstra shares

We review three fresh buy, hold, and sell calls from expert market analysts. 

Read more »