Investors that are on the lookout for big returns may want to check out these ASX 200 shares in this article.
That's because analysts believe that they are buys and could rise between 30% and 60% over the next 12 months. Here's what you need to know about them:
Light & Wonder Inc. (ASX: LNW)
Analysts at Bell Potter see a lot of value in this ASX 200 share. Light & Wonder is a leading global cross platform games company.
The broker notes that "whilst the loss of future Dragon Train revenues is disappointing, our Buy thesis remains predicated on LNW's cross-platform strategy and leading scale producing a portfolio of high-performing games in both land-based and digital markets. As a result, we expect improvement in product quality to strengthen LNW's competitive advantage, supporting higher ROIC."
Bell Potter has a buy rating and $180.00 price target on the company's shares. This implies potential upside of almost 30% for investors over the next 12 months.
Megaport Ltd (ASX: MP1)
Another ASX 200 share that could deliver big returns for investors in 2025 is Megaport. It is a leading global provider of elastic interconnection services that Morgans rates highly.
The broker believes that the company's strong form can continue over the coming years thanks to the artificial intelligence (AI) megatrend.
Morgans notes that "it is uniquely placed to help business move data globally and benefit from the growth of data related to both cloud computing and AI."
The broker currently has an add rating and $12.50 price target on its shares. This suggest that upside of over 60% is possible from current levels.
Web Travel Group Ltd (ASX: WEB)
Finally, the team at Goldman Sachs thinks that Web Travel Group could be an undervalued ASX 200 share with potential to rise strongly. It is the business to business travel company behind the WebBeds business.
Commenting on its bullish view of the stock, the broker said: "WEB is the second largest Hotel Bed wholesaler globally with <10% of the global hotel wholesale market. We are Buy rated on WEB as we have confidence that WEB will be able to grow TTV in line with its FY25/30 targets of A$5bn/A$10bn respectively.
It then adds that its believes "WEB is well placed to continue to grow in key US/APAC growth markets, though expect revenue margin to lower towards ~6.3% over time as the company expands into lower margin US/APAC markets. WEB is trading below fair value, on our estimates."
Goldman has a buy rating and $7.00 price target on its shares. This implies potential upside of 50% for investors over the next 12 months.
