Are you on the hunt for some big returns for your investment portfolio? If you are, then it could be worth looking at the ASX 200 shares listed below.
That's because they have been tipped to rise at least 20% over the next 12 months. Here's what analysts are recommending:
Boss Energy Ltd (ASX: BOE)
Analysts at Bell Potter remain upbeat on this ASX 200 uranium share despite its bitterly disappointing update last week.
The broker believes there could be a way to make the Honeymoon project work in 2027 and beyond. And investors may not have to wait too long to find out if that is the case. It said:
Details as to the hypothesised strategy may be provided as early as 2QCY26, with a wide-spaced test scenario to be conducted initially on zones north of the Honeymoon domain. This should provide greater clarity around the potential success of the approach. Should this fail, the likely outcome would be a lower production profile over LOM with higher AISC (which if you're bullish uranium pricing might not impact the thesis). The selloff has highlighted one possibility. If the market continues to value Honeymoon at a material discount (on our numbers current implied value is ~A$91m), BOE may become a target for groups ISR experience and a longer outlook on uranium pricing.
Bell Potter has put a buy rating and $2.00 price target on its shares. Based on its current share price of $1.32, this suggests that upside of 50% is possible between now and this time next year.
Lovisa Holdings Ltd (ASX: LOV)
The team at Macquarie Group Ltd (ASX: MQG) thinks that fashion jewellery retailer Lovisa could be an ASX 200 share to buy.
The broker believes that the market is undervaluing its shares based on its growth potential, which is being supported by its bold store rollout plan. It said:
We think LOV & UNI both have a strong outlook that isn't reflected in their current valuations. Both stocks have de-rated over FY26 so far, and are now trading broadly in-line with their long-run average Relative P/Es to the ASX300 – despite the above data indicating relatively low macroeconomic risk, and our view that both stocks still have appealing store rollout stories (UNI: Australia, LOV: UK/US).
Macquarie currently has an outperform rating and $37.30 price target on its shares. Based on the current Lovisa share price of $30.50, this implies potential upside of 22% for investors over the next 12 months.
