Are you on the hunt for big returns for your investment portfolio? Who isn't?
Well, the good news is that the ASX 200 shares in this article could be destined to shoot higher according to analysts. Here's what you need to know:
Treasury Wine Estates Ltd (ASX: TWE)
The team at Morgans believes this ASX 200 share could rise strongly from current levels.
Although the broker acknowledges that the wine giant is facing tough trading conditions, it believes its cheap valuation means this is more than priced in. It said:
A deceleration of US Premium wine sales (particularly 19 Crimes) below US$15 per bottle, has seen TWE revise its FY25 EBITS guidance. The downgrade was minor at 1.3% and better than feared. TWE's Luxury portfolios appear to be performing well.
However, focus is now on what impact a change in distributor in TWE's key US market, declining Premium US wine sales and the tariffs will have on FY26. We have revised our forecasts. While not without risk given industry and macro headwinds, TWE's trading multiples look far too cheap (FY25 PE of only 14.2x) and we maintain a BUY rating.
Morgans has an add rating and $11.06 price target on Treasury Wine's shares. Based on its current share price of $8.22, this implies potential upside of 35% for investors over the next 12 months.
Another positive is that the broker expects a 5% dividend yield over the same period.
Web Travel Group Ltd (ASX: WEB)
Over at Macquarie, its analysts see potential for this business to business travel company's shares to rise strongly from current levels.
Macquarie was impressed with its recent full year results and has seen enough to give it confidence that Web Travel will achieve its FY 2030 targets. It said:
WEB has reaffirmed expectations for medium-term revenue margin of c6.5%. We have increased confidence this should be the medium-term floor, given company-driven headwinds have been addressed, such as 1) overrides; 2) European summer pricing; and 3) mgmt focus post demerger.
Upgrade to Outperform (from Neutral). We expect WEB will continue to scale TTV and are increasingly confident it will reach its $10bn FY30 target. Visibility concerning medium-term revenue and UEBITDA margins has improved. WEB should outperform other ASX travel peers in volatile macro conditions.
Macquarie currently has an outperform rating and $6.19 price target on the ASX 200 share. Based on its current share price of $5.04, this suggests that upside of 23% is possible between now and this time next year.
