Knowing which ASX shares to avoid can be just as important as knowing which ones to buy.
With that in mind, let's take a look at three shares that analysts are tipping as sells this week, courtesy of The Bull.
Here's what you need to know about them:
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Centuria Industrial REIT (ASX: CIP)
The team at Investor Pulse is recommending this industrial property company's shares as a sell this week.
It has concerns about industrial rent growth and the impact of rising interest rates. It said:
As the largest pure play industrial fund in Australia with a portfolio of 85 high quality assets, the trust has delivered solid growth, including a 40 megawatt data centre expansion. Yet the market is increasingly wary about industrial rent growth amid a cooling economy. A potentially looming supply issue may peak in mid calendar year 2026, which could challenge historically low vacancy rates in urban markets.
Rising interest rates on debt is another concern for a company with a $3.9 billion portfolio. Although the portfolio maintains an occupancy rate of 95.7 per cent and a weighted average lease expiry of 7.1 years, broader economic headwinds remain.
DigiCo Infrastructure REIT (ASX: DGT)
Over at Morgans, its analysts have named data centre operator DigiCo Infrastructure as a sell.
Although the broker acknowledges that data centre demand is positive, it is waiting for management to deliver before becoming positive. This is especially the case given its poor first-half performance. Morgans said:
DGT is a data centre real estate investment trust. This developer operates across Australia and North America. The REIT requires significant capital expenditure to expand in an already competitive environment. The company's first half result in fiscal year 2026 and its profit forecasts for the full year fell short of investor expectations.
While the outlook in the data centre space has incrementally improved, management will need to deliver before there is meaningful conviction in the business. Shares in DGT were priced at $5 in the initial public offering prior to listing on the ASX on December 13, 2024. The shares were trading at $1.89 on April 2, 2026.
Endeavour Group Ltd (ASX: EDV)
Investor Pulse is also recommending investors sell this drinks giant's shares.
After a tough first half, it is concerned that there could still be worse to come. This could mean analysts are forced to lower their earnings estimates in the coming months. It said:
Endeavour operates liquor outlets, hotels and gaming facilities. In our view, key concerns emerged in its first half result in fiscal year 2026. Underlying group earnings before interest and tax of $563 million fell 5.4 per cent despite a 0.9 per cent increase in group sales to $6.7 billion.
While the hotels segment generated a 4.4 per cent increase in sales, the retail division, comprising Dan Murphy's and BWS, posted a 11.6 per cent decline in underlying EBIT. Statutory net profit after tax fell 17.1 per cent to $247 million, impacted by $45 million in significant items. Downward revisions in consensus earnings per share suggest the bottom may not have been reached at this point.
