3 high quality blue chip ASX 200 shares to buy in November

Here are a few blue chip shares that have been rated as buys this month by analysts.

| More on:
2 women looking at phone

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Have you got room for a blue chip ASX 200 share or three in your portfolio?

If you have, then take a look at the blockbuster blue chips listed below. Analysts are feeling very bullish about them and believe they could be great additions to a balanced investment portfolio right now.

Here's why these quality stocks are highly rated by analysts in November:

Coles Group Ltd (ASX: COL)

The first blue chip ASX 200 share that could be a buy for Aussie investors this month is supermarket giant Coles.

That's the view of analysts at Bell Potter, which believe that the company's outlook is positive due to moderating costs, higher immigrations, and the modernisation of its supply chain.

The broker also highlights that the company "is entering a period of elevated capex intensity as it reinvests to modernise its supply chain and to catch up to competitors on online and digital offerings, which should help Coles maintain its market position."

It is for this reason that Bell Potter put a buy rating and $20.50 price target on Coles' shares earlier this month.

Goodman Group (ASX: GMG)

A second blue chip ASX 200 share to look at is Goodman Group. It is a leading integrated commercial and industrial property company.

Over the last decade, Goodman has built a world class portfolio of in-demand properties that have exposure to key growth markets such as data centres, ecommerce, and logistics. This has helped drive strong earnings growth for many years.

The good news is that with the company still possessing a material development pipeline and strong demand continuing, Goodman has been tipped to continue its solid growth in the coming years by the team at Morgan Stanley.

In light of this positive outlook, the broker recently put an overweight rating and $42.40 price target on the company's shares.

REA Group Limited (ASX: REA)

Another ASX 200 blue chip share that has been tipped as a buy is REA Group. It is the dominant player in real estate listings in the Australian market with its realestate.com.au website.

REA has been growing at a solid rate for over a decade and appears well-placed to continue this trend for the foreseeable future. This is thanks to new revenue streams, strong pricing power, its international operations, and acquisitions.

UBS remains very positive on the company and recently put a buy rating and $268.00 price target on its shares.

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

More on Blue Chip Shares

A group of people in suits watch as a man puts his hand up to take the opportunity.
Blue Chip Shares

3 excellent ASX 200 blue chip shares to buy in 2025

Analysts have good things to say about these blue chips.

Read more »

A fit man flexes his muscles, indicating a positive share price movement on the ASX market
Blue Chip Shares

3 strong ASX 200 blue chip stocks to buy with $2,000 in December

These blue chips have been given the thumbs up from analysts.

Read more »

A share market analyst looks at his computer screen in front of him showing ASX share price movements
Blue Chip Shares

Analysts name 3 strong blue chip ASX 200 shares to buy in December

Let's see which blue chips are bring tipped as buys by analysts right now.

Read more »

three businessmen high five each other outside an office building with graphic images of graphs and metrics superimposed on the shot.
Blue Chip Shares

Buy these 3 high-quality ASX 200 blue chip shares in December

Analysts think these high-quality shares are buys right now. Let's see what they are saying.

Read more »

Two people comparing and analysing material.
Blue Chip Shares

Are Woodside or CBA shares a better buy?

Here’s how I’d compare these two major ASX blue chips.

Read more »

A group of young people lined up on a wall are happy looking at their laptops and devices as they invest in the latest trendy stock.
Blue Chip Shares

Why these ASX 200 blue chip shares could generate big returns

Brokers think these shares are could be dirt cheap at current levels.

Read more »

Man sits smiling at a computer showing graphs
Blue Chip Shares

3 ASX shares Australians can buy and hold for the next decade

Analysts think these high quality stocks could be in the buy zone right now.

Read more »

A businessman lights up the fifth star in a lineup, indicating positive share price for a top performer
Blue Chip Shares

2 of the highest-quality blue chip ASX 200 stocks money can buy

Analysts think these blue chips are top buys for investors right now. But why?

Read more »