12 ASX 200 shares that smashed multi-year highs today

These shares hit new price peaks amid a strong day for the ASX 200.

S&P/ASX 200 Index (ASX: XJO) shares closed 1.23% higher on Tuesday at 8,770.4 points.

Every market sector finished in the green today.

Retail shares led the session, with the S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) rising 1.81%.

A slew of ASX 200 shares reached multi-year high prices today.

Here are some examples with current broker ratings.

Sport trainer talking to little girl who is climbing wooden ladder in gym.

Image source: Getty Images

Which ASX 200 shares hit a new high?

Wesfarmers Ltd (ASX: WES)

The market's biggest consumer discretionary share lifted to an all-time high of $87.75.

Macquarie has a neutral rating on Wesfarmers shares and a 12-month price target of $82.

Telstra Group Ltd (ASX: TLS)

Telstra shares rose to an 8-year high of $4.99 today.

Macquarie currently has an outperform rating and a $5.19 price target on this telecommunications share.

JB Hi-Fi Ltd (ASX: JBH)

This ASX 200 retail share rose to a record $116.90 on Tuesday.

Bell Potter has a buy rating on JB Hi-Fi with a price target of $114.

Lynas Rare Earths Ltd (ASX: LYC)

Lynas shares peaked at $12.05 per share in earlier trading.

That was a 3-year high for the ASX 200 rare earths share.

Macquarie has an underperform rating with a price target of $9 for Lynas Rare Earths shares.

Newmont Corporation (ASX: NEM)

This ASX 200 gold stock rose to a 3-year high of $66.57 today.

Blackwattle Investment Partners says Newmont shares offer 'material upside'.

Orica Ltd (ASX: ORI)

The Orica share price hit a 5-year high of $21.58 on Tuesday.

UBS has a buy rating on the explosives manufacturer with a 12-month share price target of $32. 

HUB24 Ltd (ASX: HUB)

This ASX 200 financial stock lifted to a record $108.67 today.

Bell Potter has a buy rating on Hub24 with a 12-month price target of $115.

Harvey Norman Holdings Ltd (ASX: HVN)

The Harvey Norman share price lifted to a 4-year high of $5.92 today.

There are tailwinds for this ASX 200 consumer discretionary share given the 'retail sales surge' in June.

Macquarie gives Harvey Norman shares an outperform rating with a newly upgraded price target of $5.90.

Eagers Automotive Ltd (ASX: APE)

The Eagers Automotive share price hit a record $20.18 during the session.

Macquarie also has an outperform rating on this ASX retail share with a price target of $20.60.

Nib Holdings Ltd (ASX: NHF)

The Nib share price hit a 52-week high of $7.54 today.

Macquarie has an underperform rating on this ASX 200 healthcare share and a target price of $5.60. 

Temple & Webster Group Ltd (ASX: TPW)

Temple & Webster shares rose to a record $25.15.

Morgan Stanley gives this retail share an overweight rating and $28 price target.

Megaport Ltd (ASX: MP1)

Megaport shares reached an 18-month high of $15.55 during the session.

Morgans has an accumulate rating and $15.50 price target on the ASX 200 tech share.

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 Hub24, Macquarie Group, Megaport, Temple & Webster Group, and Wesfarmers. The Motley Fool Australia has positions in and has recommended Eagers Automotive Ltd, Harvey Norman, Macquarie Group, NIB Holdings, and Telstra Group. The Motley Fool Australia has recommended Hub24, Jb Hi-Fi, Temple & Webster Group, and Wesfarmers. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on 52-Week Highs

Man and woman sitting at table with the man looking a bit puzzled at his laptop.
52-Week Highs

South32, Woolworths, BHP shares reach 52-week high: Buy, sell or hold?

Brokers only rate one of these ASX shares as a buy.

Read more »

Two workers on a tablet at a mine site, with mining machinery behind them.
52-Week Highs

8 ASX mining shares hitting 52-week highs today

ASX mining ETFs QRE and OZR also reached new price peaks today.

Read more »

Ecstatic woman looking at her phone outside with her fist pumped.
52-Week Highs

Why is the ASX 200 at record highs?

Records were set this week. Here's what's powering the market.

Read more »

A graphic image of three upward pointing arrows with smoke coming from their bottoms, indicating the arrows are taking off just like the Althea share price today
52-Week Highs

3 ASX 200 stocks smashing new 52-week-plus highs today

These three large-cap ASX 200 shares just broke into new 52-week-plus high territory.

Read more »

Three people jumping cheerfully in clear sunny weather.
52-Week Highs

3 ASX dividend favourites are hitting 52-week highs today. Are investors getting defensive?

Investors are buying these ASX dividend shares today.

Read more »

Happy man on a supermarket trolley full of groceries with a woman standing beside him.
52-Week Highs

Are Woolworths shares still a buy at a 52-week high?

Is it too late to buy the supermarket giant's shares? Let's dig deeper into things.

Read more »

A couple in a supermarket laugh as they discuss which fruits and vegetables to buy
52-Week Highs

This ASX 200 giant just hit a 52-week high. Is it getting too expensive?

This defensive ASX 200 stock is flying this year.

Read more »

A man in a supermarket strikes an unlikely pose while pushing a trolley, lifting both legs sideways off the ground and looking mildly rattled with a wide-mouthed expression.
Consumer Staples & Discretionary Shares

Woolworths shares soar to new multi-year high: Buy, sell or hold?

After a bumpy start to the year, the supermarket giant's shares are back in favour with investors.

Read more »