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:
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Goodman Group (ASX: GMG)
According to a note out of Citi, its analysts have retained their buy rating and $40.00 price target on this industrial property giant's shares. The broker highlights that falling cap rates are boosting valuations and balance sheets. And while there are risks to further interest rate cuts, it remains very positive on Goodman. Particularly given the favourable supply-demand dynamics and its strategically placed assets. As a result, it is one the broker's top picks in the sector right now. Outside this, Citi recently stated its belief that Goodman's guidance for FY 2026 is likely to prove conservative and expects the company to outperform its 9% target. Especially given its valuable underlying data centre pipeline. The Goodman share price is trading at $33.52 on Monday afternoon.
Orica Ltd (ASX: ORI)
A note out of Macquarie reveals that its analysts have retained their outperform rating on this commercial explosives company's shares with an improved price target of $22.71. This follows the release of a mixed trading update from Orica. Macquarie highlights that the positive momentum from the first half is continuing into the second half. In addition, value-add products and services are continuing to perform well, but Indonesia and US demand is weaker. Nevertheless, the broker believes Orica is positioned to deliver solid 9% earnings per share growth in FY 2026, driven by positive margin and mix changes, ongoing digital growth, stabilised production, and its share buyback. The Orica share price is fetching $21.06 at the time of writing.
Temple & Webster Group Ltd (ASX: TPW)
Another note out of Macquarie reveals that its analysts have retained their outperform rating on this online furniture and homewares retailer's shares with a vastly improved price target of $31.30. The broker was impressed with the company's performance in FY 2025, highlighting that key metrics were heading in the right direction. This includes active customers growing to almost 1.3 million and repeat customer orders hitting 20%. And while its profits were a touch short of expectations, it was pleased with its strong start to the new financial year and management's reiteration of its medium term target for $1 billion in sales. The Temple & Webster share price is trading at $22.54 on Monday.
