Got $2,000 to invest? Looking for some ASX 200 blue chips to add to your portfolio?
If you answered yes to both, then it could pay to look at the three listed below that analysts rate as buys. Here's what they are saying about them:
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Flight Centre Travel Group Ltd (ASX: FLT)
Macquarie has picked out Flight Centre as a standout ASX 200 blue chip stock, believing that it presents an opportunity for significant returns. Best known for its iconic Flight Centre brand, the company also operates a diverse portfolio which includes Aunt Betty, Corporate Traveller, FCM, Stage & Screen, and Travel Associates. Combined, these brands cater to both leisure and corporate travel markets.
While Flight Centre's shares have faced headwinds recently due to a softer-than-anticipated start to FY 2025, Macquarie views this as a temporary setback. It also sees the current share price as undervalued, offering a compelling entry point for investors looking to capitalise on the company's long-term growth potential.
Macquarie recently put an outperform rating and $22.34 price target on its shares.
Treasury Wine Estates Ltd (ASX: TWE)
Treasury Wine Estates could be another ASX 200 blue chip stock to buy.
It is one of the world's leading wine companies with a portfolio of popular brands such as Penfolds, Wolf Blass, Lindeman's, and 19 Crimes. These leave it well-positioned to capitalise on global demand for premium and luxury wines.
Morgans is positive on the company's outlook, especially after delivering on expectations in FY 2024. It highlighted the positive performance from Treasury Wine's Luxury wine portfolios, which slightly exceeded guidance, alongside robust cash flow generation.
In addition, Morgans notes that the blue chip reaffirmed its targets for its Luxury wine businesses, which, if achieved, are expected to drive double-digit earnings growth through FY 2027. And while the broker acknowledges that there are macroeconomic risks, it believes the company's current valuation makes for an attractive risk/reward tradeoff.
Morgans has an add rating and $14.80 price target on its shares.
Woolworths Group Ltd (ASX: WOW)
Finally, Goldman Sachs has named Woolworths as an ASX 200 blue chip stock to buy, suggesting that it is undervalued after a period of share price weakness.
As one of Australia's largest supermarket chains, Goldman notes that Woolworths boasts significant structural advantages. This includes its vast store network, a strong online presence, and advanced data and analytics capabilities.
And while the broker acknowledges the challenges Woolworths faces as its new CEO reshapes the company's strategy to align with a value-focused consumer base, it remains optimistic about its ability to navigate these transitions and deliver further market share growth.
So with its shares trading on lower than normal multiples, the broker thinks now is a good time to invest. It has a buy rating and $36.20 price target on Woolworths' shares.
