8 ASX 200 stocks striking multi-year highs today

These shares hit new price milestones amid a day in the green for the ASX 200.

A beautiful ocean vista is shown with a woman whose back is to the camera holding her arms up in triumph as she stands at the top of a rock feeling thrilled that ASX 200 shares are reaching multi-year high prices today

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S&P/ASX 200 Index (ASX: XJO) stocks are up by 0.35% to 8,390.6 points in late afternoon trading on Tuesday.

The ASX 200 technology sector is leading the market today, up 0.94% at the time of writing.

The weakest sector is ASX 200 materials, which incorporates mining shares, down 0.48%.

Meanwhile, eight ASX 200 stocks have hit new price milestones.

Which ASX 200 stocks just hit a high?

Technology One Ltd (ASX: TNE)

The Technology One share price lifted to a new all-time high of $39.62 today.

This ASX 200 technology stock has been on an upward trajectory since the company dropped its 1H FY25 report last week.

The company announced a 31% lift in net profit after tax (NPAT) to $63 million.

It also reported annual recurring revenue (ARR) of $511.1 million, up 21% and meeting its $500 million target 18 months early.

Technology One also revised its full-year guidance range for profit growth to 13% to 17%.

After the half-year report, Morgans maintained its hold rating on Technology One shares with a 12-month price target of $36.85.

Lottery Corporation Ltd (ASX: TLC)

The Lottery Corporation share price rose to a record high of $5.42 today.

Blackwattle Investment Partners has labelled Lottery Corporation an 'enduring high-quality business' but a 'somewhat forgotten' share.

Find out why.

QBE Insurance Group Ltd (ASX: QBE)

This ASX 200 financial stock hit a 15-year high of $23.66 per share today.

The insurance giant has no news for the market today.

Macquarie has an outperform rating on QBE shares but thinks the price is too high at the moment.

The broker's 12-month share price target is $23, implying some potential downside from here.

Brambles Ltd (ASX: BXB)

This ASX 200 industrial stock rose 3.25% to a new record price of $22.87 per share on Tuesday.

There is no news from Brambles except for its daily statement about its ongoing share buyback program.

Goldman Sachs thinks stock in the CHEP pallets distributor is now overvalued.

The broker has a sell rating and a 12-month price target of $18.70 on Brambles shares.

Qantas Airways Ltd (ASX: QAN)

Qantas shares peaked at $10.43 per share in earlier trading.

This is a new all-time high for the ASX 200 airline stock amid no company news today.

Goldman Sachs has a buy rating and a 12-month price target of $11.80 on Qantas shares.

West African Resources Ltd (ASX: WAF)

This ASX 200 gold stock rose to a record high of $2.71 today.

Gold stocks are broadly lower on Tuesday, with the S&P/ASX All Ordinaries Gold Index (ASX: XGD) down 1.02%.

West African Resources has been trending higher following a gold exploration update last week.

The consensus rating on this ASX 200 gold stock among analysts on CommSec is a strong buy.

Codan Ltd (ASX: CDA)

The Codan share price ascended 3.48% to reach a 4-year high of $17.85 today.

There is no news from the electronics solutions provider today.

Goldman Sachs has a buy rating and a 12-month price target of $18.50 on Codan shares.

Temple & Webster Group Ltd (ASX: TPW)

The ASX 200 consumer discretionary stock lifted 3.03% to a new all-time peak of $20.17 today.

The online furniture retailer has no news for the market on Tuesday.

Citi has a buy rating and a price target of $21.10 on Temple & Webster shares.

Citigroup is an advertising partner of Motley Fool Money. Motley Fool contributor Bronwyn Allen has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Goldman Sachs Group, Lottery, Macquarie Group, Technology One, and Temple & Webster Group. The Motley Fool Australia has positions in and has recommended Macquarie Group. The Motley Fool Australia has recommended Lottery, Technology One, and Temple & Webster Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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