Ord Minnett says these ASX 300 shares are buys

The broker is feeling bullish about these shares right now.

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Wondering where to put fresh capital to work in the share market?

Well, it could pay to listen to what analysts at Ord Minnett are saying about two ASX 300 shares.

Here's why it rates them as buys:

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Breville Group Ltd (ASX: BRG)

The first ASX 300 share backed by Ord Minnett is Breville Group.

Breville designs and sells premium kitchen appliances across global markets, with its products sold under brands such as Breville, Sage, and Baratza.

A key focus for the broker is the company's recent expansion in the United States. Breville rolled out store-in-store formats across 300 locations within Best Buy, as part of a broader shift by the retailer to streamline its supplier base.

Ord Minnett highlights that this change could have long-term implications for the competitive landscape. It said:

Breville executed a major US retail expansion in late 2025 where it installed 'store-in-store' formats in 300 of the more than 1,000 stores operated by US big-box consumer electronics retailer Best Buy. This was part of a deliberate consolidation of vendors by Best Buy.

The broker points out that Best Buy has reduced its appliance offering to a small group of preferred brands, including Breville. This effectively gives those partners greater visibility and shelf space.

Breville management has described the shift as a "material change" to the retail channel, with selected brands benefiting from stronger positioning while others lose access to physical stores.

As a result, Ord Minnett believes this could create a meaningful advantage for Breville in a key growth market.

This has seen the broker put a buy rating and $37.20 price target on its shares.

MA Financial Group Ltd (ASX: MAF)

Another ASX 300 share rated as a buy by Ord Minnett is MA Financial Group.

It operates across asset management, lending, and advisory services, with its asset management division making up the majority of earnings.

Ord Minnett sees strong growth ahead, supported by increasing funds under management and expanding lending operations. It said:

Its asset management business is seeing continuing momentum in net flows and the launch of new investment vehicles in FY25 leads us to expect strong growth in assets under management (AUM) in the near term.

The broker also highlights that MA Financial's exposure differs from some overseas peers, particularly in areas such as software, which reduces certain risks. In addition, the residential lending business is beginning to contribute more meaningfully. It has recently achieved positive EBITDA and continues to grow its loan book.

Ord Minnett expects this to support profit growth in the coming years, noting:

We see an attractive value proposition in MA Financial, with the stock trading on a one-year forward price-to-earnings (P/E) multiple of 14.7x, along with a forecast EPS compound annual growth rate (CAGR) of 23% over the FY25–28 horizon.

With multiple growth drivers across its business lines, it thinks MA Financial offers exposure to both asset growth and expanding earnings streams.

Ord Minnett has a buy rating and $9.20 price target on the ASX 300 share.

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Ma Financial 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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