5 ASX All Ords shares upgraded to 'strong buy' consensus ratings

Brokers upgraded their ratings on these ASX All Ords stocks last month.

| More on:

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

S&P/ASX All Ords (ASX: XAO) shares are up 1.04% during a great day for the Aussie share market.

The All Ords enjoyed strong momentum in January, with the index lifting an impressive 4.38%.

Here are five ASX All Ords shares that brokers upgraded to a strong buy rating last month.

a man sits at his desk wearing a business shirt and tie and has a hearty laugh at something on his mobile phone.

Image source: Getty Images

5 ASX All Ords shares elevated to 'strong buy' status

The consensus rating on these ASX All Ords shares from market analysts on the CommSec trading platform is a strong buy.

CSL Ltd (ASX: CSL)

Analysts upgraded their consensus rating on CSL shares to a strong buy on 29 January.

The CSL share price is $272.30, up 0.72% at the time of writing.

The market's largest healthcare share by market capitalisation has fallen 9.8% over the past 12 months.

Chalice Mining Limited (ASX: CHN)

Analysts upgraded their consensus rating on Chalice Mining to a strong buy on 23 January.

The Chalice Mining share price is currently $1.23, down 0.24%.

The ASX All Ords mining share is up 40% over the past 12 months.

Abacus Storage King (ASX: ASK)

Analysts upgraded their consensus rating on Abacus Storage shares on 16 January.

The ASX real estate investment trust (REIT) is trading at $1.15 on Thursday, up 1.32%.

Analysts say ASX REITs will benefit from the global trend of falling interest rates.

Top broker JPMorgan has an overweight rating on Abacus Storage King shares.

The ASX All Ords REIT share has risen by only 0.88% over the past 12 months.

Boss Energy Ltd (ASX: BOE)

Brokers upgraded ASX All Ords uranium share Boss Energy to a strong buy on 10 January.

This was despite plenty of short plays on the stock last month.

The upgraded rating came ahead of the company's quarterly update on 29 January, which led to a 16.5% spike in the Boss Energy share price over the last three trading days of the month.

Boss Energy shares rose by 36.2% in January — the strongest result of the ASX 200.

The Boss Energy share price is $3.38, down 0.29% today and down 44% over the past year.

Mesoblast Limited (ASX: MSB)

The No. 1 ASX All Ords share for price growth in 2024 received an upgraded consensus rating on 2 January.

This followed big news from Mesoblast in December.

The company announced that its flagship drug, Ryoncil, or remestemcel-L, had finally gained approval from the United States Food and Drug Administration after many years of trials.

Ryoncil is the first approved treatment for steroid-refractory acute graft versus host disease (SR-aGvHD) in children aged two months and older.

It is also the first mesenchymal stromal cell (MSC) therapy ever approved in the US.

The ASX All Ords biotech share is down 2.81% at $2.94 on Thursday.

Mesoblast shares have skyrocketed by 1,029% over the past 12 months.

JPMorgan Chase is an advertising partner of Motley Fool Money. Motley Fool contributor Bronwyn Allen has positions in CSL and Mesoblast. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended CSL and JPMorgan Chase. The Motley Fool Australia has recommended CSL. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Broker Notes

Group of people toasting with wine
Broker Notes

Buy, hold, sell: Transurban, Orora, Treasury Wine Estates shares

Here's what top broker Morgans thinks of these 3 ASX 200 shares following their FY26 reports.

Read more »

Businessman studying a high technology holographic stock market chart.
Broker Notes

8 ASX 200 shares with fresh buy ratings this week

Brokers retained a positive view on Westpac, Sonic Healthcare, Minerals 260, and other shares.

Read more »

Woman working on her laptop at a café.
Broker Notes

7 ASX 200 shares downgraded by the experts this week

Brokers reduced their ratings on IAG, Seek, Woolworths, and other ASX 200 stocks.

Read more »

Man drawing an upward line on a bar graph symbolising a rising share price.
Broker Notes

Morgans names 3 ASX shares to buy

The broker has good things to say about these shares. Here's what you need to know.

Read more »

A young woman holding her phone smiles broadly and looks excited, after receiving good news.
Broker Notes

The dividend yield on this ASX tech stock could more than double: Broker

It's had a bumpy ride this week, but this share could generate strong returns.

Read more »

Smiling woman with her head and arm on a desk holding $100 notes, symbolising dividends.
Broker Notes

For a yield of more than 7% and capital gains check out this ASX property trust: Broker

Could this company deliver the best of both worlds?

Read more »

An aircraft maintenance technician stands atop a platform inspecting the jets of an aircraft within a hangar.
Broker Notes

This ASX critical minerals producer could more than triple in value: Broker

This hi-tech company is growing its revenues fast.

Read more »

Stressed shopper holding shopping bags.
Broker Notes

Premier Investments shares will go how high? 2 brokers have their say

Are these shares looking like a bargain?

Read more »