There are a total of 200 shares to choose from on the ASX 200 index. Some are buys, some are holds, and some are best avoided.
Knowing the difference between which ones are buys and sells is easier said than done, but thankfully there are brokers out there to make life easier for Aussie investors.
So, which ones have been given the thumbs up by brokers recently? Let's take a look at two ASX 200 shares that analysts are positive on and think investors should be snapping up right now. They are as follows:
Harvey Norman Holdings Ltd (ASX: HVN)
The team at Bell Potter thinks that retail giant Harvey Norman could be a great pick for Aussie investors.
The broker expects rate cuts from the Reserve Bank of Australia (RBA) to be a boost to the company's sales. In addition, it believes its valuation is more attractive than JB Hi-Fi Ltd (ASX: JBH) and Wesfarmers Ltd (ASX: WES). It explains:
We view HNV's valuation more compelling, particularly given its additional exposure to furniture and land portfolio relative to JBH and WES. In addition, we see the company as a key beneficiary of RBA rate cuts as housing market returns to a more buoyant phase, aided by rising disposable income and house prices during the rate-cutting cycle and that should buoy consumer sentiment. All up, Harvey Norman is well-positioned to benefit from increased spending on big ticket household items such as furniture and electronics.
Bell Potter currently has a buy rating and $6.00 price target on its shares.
Macquarie Group Ltd (ASX: MQG)
Another ASX 200 share that gets the thumbs up from analysts is Macquarie.
It is an investment bank with operations across infrastructure, green energy, asset management, and more. In addition, the company has a long history of capital discipline and clever deal-making, which has helped to deliver strong returns over the long term.
The good news is that the team at Morgans believes this positive form can continue. As a result, it thinks now is a good time to invest. It recently said:
MQG is a quality franchise, and with a recent pull back in the share price occurring linked to macro and global trade factors, we see upside and move to an ADD (from Hold) recommendation.
The broker currently has an add rating and $223.89 price target on its shares.
