Are you on the lookout for some big returns for your investment portfolio? If you are, then it could be worth looking at the ASX 200 shares in this article.
Not only have they recently been named as buys, but they have been tipped to rise 20% or more over the next 12 months.
Here's what analysts are recommending to their clients right now:
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Boss Energy Ltd (ASX: BOE)
This ASX uranium stock could be undervalued according to analysts at Bell Potter. Last week, the broker put a buy rating and $1.95 price target on its shares. Based on its current share price of $1.58, this implies potential upside of 23% for investors between now and this time next year.
Bell Potter highlights that this recommendation is based on the Honeymoon project operating with higher costs and production limitations. This could change for the better, pending its project review. It said:
We lower our TP to $1.95/sh (previously $2.00/sh) and maintain our Buy recommendation. Our valuation assumes production at Honeymoon over the short 10Y mine life is limited to ~1.6Mlbs pa and costs remain elevated, until such a time that management have completed the work to guide otherwise. NPAT changes are: FY26 -24%, FY27 -25% and FY28 -2%.
Nextdc Ltd (ASX: NXT)
Over at Ord Minnett, its analysts think this data centre operator's shares are dirt cheap. Especially given recent contract wins, which it feels bode well for its FY 2026 results.
The broker has put a buy rating and $20.50 price target on the ASX 200 share. Based on its current share price of $13.00, this implies potential upside of over 55% for investors over the next 12 months.
Commenting on its buy recommendation, Ord Minnett said:
NextDC (NXT) announced that contract wins had boosted contracted utilisation of its centres to 316 megawatts (MW), up 71MW, or 29%, since 30 June. Ord Minnett notes NextDC had only guided to 50–100MW of contract wins for FY26, so the latest announcement, along with industry feedback highlighting strong demand from both western and eastern hyperscalers, bodes well for the full-year outcome.
We have raised our target price on NextDC to $20.50 from $19.00 to incorporate our assumed value of the agreement with Open AI, although we have not yet changed our earnings estimates due to the lack of detail and operational timelines. We reiterate our Buy recommendation.
