8 ASX All Ords shares just upgraded to strong buy status

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S&P/ASX All Ords Index (ASX: XAO) shares are in the green, up 0.4% as earnings season continues on Tuesday.

Meantime, brokers have identified some stocks that they think are good buys for the year ahead.

Let's check them out.

Three different hands against a blue backdrop signal thumbs up, indicating share price rise on the ASX market

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8 ASX All Ords shares with strong buy consensus ratings

The following stocks have been recently upgraded to 'strong buy' consensus ratings among analysts on the CommSec platform.

A consensus rating is the average rating based on a number of analysts' opinions.

Zip Co Ltd (ASX: ZIP)

The Zip share price is $2.50, down 0.4% on Tuesday.

This ASX All Ords financial share is up 2% over the past 12 months.

UBS is among the brokers recommending investors buy Zip shares.

The broker has a 12-month share price target of $5.20 on the buy now, pay later (BNPL) provider.

Citi also has a buy rating with a much lower target of $4.30.

Zip will report its earnings on Thursday.

Xero Ltd (ASX: XRO)

The Xero share price is at a three-year low of $77, down 2.7% today as the global tech downturn continues.

The ASX All Ords tech share has halved in value over the past six months.

In February, several brokers have reiterated their buy ratings but with vastly different 12-month price targets.

Jefferies has a target of $82.70 and Citi is tipping $144.80 per share.

WiseTech Global Ltd (ASX: WTC)

The Wisetech share price is also at a three-year low of $45.49, down 5.6% on Tuesday.

Wisetech shares have lost 63% of their value over the past year.

This month, Jefferies reiterated its buy rating with a 12-month price target of $65.

Citi is far more ambitious with a target of $109.15.

Wisetech will release its 1H FY26 results next Wednesday.

Westgold Resources Ltd (ASX: WGX)

The Westgold Resources share price is currently $7.20, down 0.8%.

The ASX All Ords gold share is up 193% over the past 12 months.

Macquarie is among the brokers with a buy rating on Westgold shares. Its 12-month target is $9.90.

Ord Minnett also has a buy recommendation with a target of $8.65.

Some experts believe the gold price could rise above US$7,000 per ounce this year.

Capricorn Metals Ltd (ASX: CMM)

This ASX All Ords gold share is $13.32 apiece on Tuesday, down 0.9%.

Capricorn Metals shares have soared 68% over the past 12 months.

This month, Macquarie upgraded its rating to buy and lifted its price target from $15.20 to $16.20.

AGL Energy Ltd (ASX: AGL)

The AGL share price is $10.43, down 0.6% today and down 2.7% over the past 12 months.

Last week, AGL reported an underlying profit of $353 million for 1H FY26, down 6% on 1H FY25.

The energy retailer announced a fully franked interim dividend of 24 cents per share.

Citi has a buy rating on the ASX All Ords utilities share with a price target of $11.80. 

RBC Capital also has a buy recommendation with a target of $11.50.

Telix Pharmaceuticals Ltd (ASX: TLX)

The Telix Pharmaceuticals share price is $8.33, down 3.5% on Tuesday.

The ASX All Ords healthcare share is down 70% over the past 12 months.

Citi just reiterated its buy rating on Telix with a price target of $34.

TD Cowen also has a buy rating but lowered its price target from $25 to $20.

WA1 Resources Ltd (ASX: WA1)

This ASX All Ords copper share is $15.62 apiece, down 2% today and up 18% over the past 12 months.

Copper is in high demand due to the green energy transition and rising debasement trade amid geopolitical and trade uncertainties.

The red metal is essential for electrification and a key input in new infrastructure like wind turbines and data centres.

This month, Canaccord Genuity reiterated its buy rating and lifted its 12-month price target from $28 to $32.

Citigroup is an advertising partner of Motley Fool Money. Motley Fool contributor Bronwyn Allen has positions in Zip Co. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Macquarie Group, Telix Pharmaceuticals, WiseTech Global, and Xero. The Motley Fool Australia has positions in and has recommended Macquarie Group, WiseTech Global, and Xero. The Motley Fool Australia has recommended Telix Pharmaceuticals. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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