With most brokers taking a break over the holiday period, there haven't been many notes hitting the wires.
But never fear! Summarised below are three recent recommendations that remain very relevant today. Here's what brokers are saying about these ASX shares:
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IGO Ltd (ASX: IGO)
According to a note out of Goldman Sachs, its analysts retained their buy rating and $6.20 price target on this lithium miner's shares. The broker rates IGO as a buy, highlighting that its shares are trading at a sharp discount to its net asset value and lithium peers. It also highlights that IGO's near-term free cash flow yields remain positive and attractive versus peers thanks to its low production costs. Outside this, the broker points out that IGO's Greenbushes expansion remains one of the most economically compelling brownfield lithium projects around. The IGO share price was trading at $4.85 on Friday.
Lovisa Holdings Ltd (ASX: LOV)
A note out of Morgans revealed that its analysts retained their add rating on this fashion jewellery retailer's shares with a trimmed price target of $36.00. Morgans notes that Lovisa released a trading update at its annual general meeting. And although it concedes that Lovisa's store openings have been softer than it expected, it thinks investors should be patient as its growth is rarely linear. In addition, the broker continues to see Lovisa as having the potential to be one of the biggest success stories in Australian retail. As a result, it thinks that recent share price weakness has created a buying opportunity for investors. The Lovisa share price was fetching $30.62 at Friday's close.
Webjet Group (ASX: WJL)
Analysts at Goldman Sachs also retained their buy rating on this online travel agent's shares with an improved price target of $1.10. According to the note, Goldman was pleased with Webjet's performance during the first half of FY 2025. It noted that the company's result was in line with expectations thanks to a strong performance from the key OTA business. This strong performance was able to offset a softer than expected performance from the GoSee business. Goldman was also pleased to see that Webjet's OTA bookings, total transaction value, and revenue turned positive during the first seven weeks of the second half. This bodes well for the remainder of the financial year. In light of this, Goldman remains positive on Webjet and sees plenty of value in its shares at current levels. The Webjet share price ended last week at 87 cents.
