Leading brokers name 3 ASX shares to buy today

Here's why brokers believe that now could be the time to snap up these shares.

| More on:
Contented looking man leans back in his chair at his desk and smiles.

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

With so many shares to choose from on the Australian share market, it can be difficult to decide which ones to buy. The good news is that brokers across the country are doing a lot of the hard work for you.

Three top ASX shares that leading brokers have named as buys this week are listed below. Here's why they are bullish on them:

Liontown Resources Ltd (ASX: LTR)

According to a note out of Bell Potter, its analysts have retained their speculative buy rating on this lithium miner's shares with a trimmed price target of $1.25. This follows the release of the company's half year results last week. The broker highlights that its result was broadly in line with its estimates. Bell Potter also points out that Liontown's outlook statements are unchanged and it is targeting the transition to full underground mining by the end of FY 2026. Outside its results, the broker notes that Liontown's Kathleen Valley lithium project remains highly strategic in terms of scale, long project life, and location in a tier-one mining jurisdiction. The Liontown share price is trading at 66 cents on Monday.

Qantas Airways Ltd (ASX: QAN)

A note out of Goldman Sachs reveals that its analysts have retained their buy rating and $11.80 price target on this airline operator's shares. Goldman notes that Qantas' shares have fallen heavily this month following the release of trading updates from a number of US airlines. However, it feels this has been an overreaction. Particularly given the differences in the two markets and because it was only a matter of a few weeks ago that Qantas provided an update of its own. And that update pointed to favourable trading conditions. Outside this, the broker continues to highlight that the Flying Kangaroo's earnings capacity has sustainably improved since COVID, which provides a solid foundation for its next stage of growth. The Qantas share price is fetching $8.89 at the time of writing.

REA Group Ltd (ASX: REA)

Another note out of Goldman Sachs, its analysts have retained their buy rating and $273.00 price target on this property listings company's shares. The broker notes that industry feedback indicates that REA Group is increasing its Premiere Plus pricing by ~7% in FY 2026. Though, there will be significant variation across geographies, with low to mid-single digit increases in areas and up to 9.2% in parts of Sydney. It has also made a number of significant changes to its agent subscriptions, increasing pricing significantly and structuring the packages to incentivise usage of Audience Maximiser/Pro. Goldman sees these changes as largely in line with its expectations and continues to believe that REA will deliver on its double digit yield growth aspiration in FY 2026. The REA Group share price is trading at $234.12 today.

Motley Fool contributor James Mickleboro has positions in REA Group. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Goldman Sachs Group. The Motley Fool Australia has no position in any of the stocks mentioned. 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

A man slumps crankily over his morning coffee as it pours with rain outside.
Broker Notes

Why Lynas shares could crash 33%

Bell Potter believes this rare earths stock could lose a third of its value.

Read more »

Three girls compete in a race, running fast around an athletic track.
Broker Notes

Two ASX 200 stocks to buy after crashing 6-9% yesterday

Bell Potter is tipping an 18-40% resurgence for these stocks.

Read more »

A woman looks quizzical as she looks at a graph of the share market.
Broker Notes

Looking for double-digit returns? Check out RBC Capital Markets' picks ahead of reporting season

These shares could deliver strong upside.

Read more »

Man controlling a drone in the sky.
Broker Notes

ASX defence stocks to target according to Bell Potter

The bull run might not be finished yet for these two companies.

Read more »

A male sharemarket analyst sits at his desk looking intently at his laptop with two other monitors next to him showing stock price movements
Broker Notes

What is Morgans saying about ARB and BHP shares?

Is now the time to buy these popular shares? Let's find out.

Read more »

A female athlete in green spandex leaps from one cliff edge to another representing 3 ASX shares that are destined to rise and be great
Broker Notes

Up 63% since June, why this ASX All Ords share is tipped to keep outperforming in 2026

A leading broker expects more outsized gains for this ASX All Ords share.

Read more »

Businessman working and using Digital Tablet new business project finance investment at coffee cafe.
Broker Notes

Buy, hold, sell: Northern Star, Pro Medicus, and Web Travel shares

How does the team at Morgans rate these popular shares? Let's find out.

Read more »

Contented looking man leans back in his chair at his desk and smiles.
Broker Notes

Top brokers name 3 ASX shares to buy today

Here's what brokers are recommending as buys this week.

Read more »