Which of these ASX stocks near 52-week lows is worth buying?

Is there any value for these beaten-down shares?

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ASX shares roared back to life yesterday after a heavy sell-off in March. 

Yesterday, investors reacted positively to news that the Strait of Hormuz could reopen amid a fragile ceasefire agreement. 

The S&P/ASX 200 Index (ASX: XJO) climbed 2.5% higher during Wednesday's trade.

This morning, however, it seems Aussie investors are cautious, as the market has held relatively flat. 

However, there have been ASX shares that seemingly missed the rally and remain close to 52-week lows. 

These 3 ASX shares remain down significantly from this time last year, along with updated outlooks from experts. 

Man with a hand on his head looks at a red stock market chart showing a falling share price.

Image source: Getty Images

Stockland Corp Ltd (ASX: SGP)

Stockland is a diversified property development company. The company is one of Australia's largest residential land and housing developers.

In 2026, it has fallen almost 30%, and is currently trading for approximately $4.04 today, close to a 52-week low. 

Interest rate rises have likely weighed on investor sentiment, but long-term prospects remain positive.

Outlooks from analysts and brokers indicate it could be a buy-low opportunity.

Macquarie currently has a buy rating on Stockland shares with a target price of $4.42.

Additionally, 9 analyst forecasts via TradingView have an average one-year price target of $5.34 on Stockland shares. 

Based on the current stock price of $4.04, these targets indicate potential upside of 9% to 31%. 

Endeavour Group Ltd (ASX: EDV)

Endeavour Group is an alcoholic beverages retailer, hotel operator, and poker machines operator spun off from Woolworths Group Ltd (ASX: WOW) in 2021. 

This ASX stock is hovering near yearly lows, having fallen more than 16% over the last 12 months. 

It is currently changing hands for approximately $3.28 per share. 

Despite being heavily sold off, experts are warning investors to stay away from this ASX stock. 

Recently, Morgans reinforced its hold rating on Endeavour Group shares, along with a $3.65 price target. 

Elsewhere, Investor Pulse has a sell recommendation on this ASX stock, as the broker said a tough first-half result could be just the beginning. 

Lendlease Group (ASX: LLC)

Lendlease Group shares have opened trading today down nearly 2%. 

The current share price of $3.24 is close to yearly lows, down 37% from this time last year. 

It is an international property development and construction business operating across Australia, the Americas, the UK, Europe, and Asia.

It is unsurprising that it has also suffered from interest rate hikes, as real estate shares have struggled across the board in 2026. 

In fact, the S&P/ASX 200 Real Estate Index (ASX: XRE) is down roughly 13% year to date. 

Despite the subdued sentiment, analysts' views suggest this ASX stock could be worth adding to your watchlist. 

6 analyst ratings via TradingView have an average one-year price target of $5.21 on Lendlease shares. 

This is approximately 61% higher than the current share price. 

Motley Fool contributor Aaron Bell has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Macquarie Group. The Motley Fool Australia has positions in and has recommended Macquarie Group and Woolworths Group. 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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