If you're wanting to build a strong portfolio, then having a few blue chip ASX 200 shares in there could be a good idea.
They can make a good foundation to build from due to their strong and established business models, experienced management teams, and robust cash flows.
But which blue chips could be buys for investors right now? Four that analysts are positive on are listed below. Here's what you need to know about them:
Coles Group Ltd (ASX: COL)
Analysts at Bell Potter think that Coles could be a blue chip ASX 200 share to buys. It is of course one of the big two supermarket operators in the Australian market. In addition, Coles has a sprawling liquor store network across brands such as First Choice and Liquorland.
Bell Potter believes the company is well-positioned for growth thanks to the benefits of immigration and its supply chain improvements. In light of this, the broker recently named Coles on its favoured list with a buy rating and $19.00 price target on its shares.
Flight Centre Travel Group Ltd (ASX: FLT)
Another ASX 200 blue chip share that has been given the thumbs up by analysts is Flight Centre. It is a travel agent giant with operations across the world.
The team at Morgans is feeling very positive about the company's outlook. It notes that "FLT has the greatest risk, reward profile of our travel stocks under coverage.
The broker has add rating and $27.27 price target on its shares.
Qantas Airways Limited (ASX: QAN)
Analysts at Goldman Sachs thinks that this airline operator's shares are great value at current levels. In fact, its analysts highlight that they "believe QAN is not priced for a generic recovery, let alone prospects for improved earnings capacity."
The broker currently has a buy rating and $8.05 price target on the Flying Kangaroo's shares.
Treasury Wine Estates Ltd (ASX: TWE)
Finally, the team at UBS thinks that Treasury Wine could be an ASX 200 blue chip share to buy right now. It is the wine giant behind brands such as Penfolds, DAOU Vineyards, 19 Crimes, Lindeman's, and Blossom Hill.
UBS thinks the company's shares are undervalued currently. Especially now that China has just removed its tariffs from Australian wine. It believes this larger market opportunity means that its shares deserve to trade on higher multiples.
As a result, the broker has put a buy rating and $15.25 price target on them.
