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:
Image source: Getty Images
Electro Optic Systems Holdings Ltd (ASX: EOS)
According to a note out of Bell Potter, its analysts have retained their buy rating on this defence and space company's shares with an improved price target of $5.70. This follows the release of its half year results for FY 2025. Bell Potter notes that with debt paid down and contract assets unwound, it sees the result as the conclusion of its turnaround story. Importantly, it highlights that EOS is now positioned as a market leader in counter-UAS solutions and is fully leveraged to increases in defence budgets globally. This is being magnified by higher spending allocations to counter-drone technology. In addition, it was pleased to see that there is more than one potential HELW customer seeking orders. The EOS share price is trading at $5.10 this afternoon.
Goodman Group (ASX: GMG)
Another note out of Bell Potter reveals that its analysts have retained their buy rating on this industrial property giant's shares with an improved price target of $40.75. This follows the release of a full year result that was in line with expectations. Looking ahead, Bell Potter highlights that Goodman is on with its investment phase for its data centre build-out program gathers pace. And while its analysts expect to see some volatility in its share price in the next 6-12 months, they believe it is worth sticking with the company due to the potential for longer-term gains. The Goodman share price is fetching $33.88 at the time of writing.
Guzman Y Gomez Ltd (ASX: GYG)
Analysts at Morgans have retained their buy rating on this quick service restaurant operator's shares with a reduced price target of $30.60. According to the note, Guzman Y Gomez delivered both a full year result that was softer than expected and an underwhelming trading update for the first quarter of FY 2026. However, it appears confident that improvements are on the way thanks to a combination of menu innovation, daypart expansion, operational excellence, marketing, and digital initiatives. So much so, Morgans thinks that Guzman Y Gomez's margin guidance will prove conservative. In light of this, the broker feels that recent share price weakness is a buying opportunity for investors. The Guzman Y Gomez share price is trading at $25.25 this afternoon.
