These top ASX 200 shares could rise 30% to 40%

Analysts are predicting big things from these shares. Let's find out why.

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Are you hunting for big returns to supercharge your portfolio?

Well, if you are, then it could be worth considering the two ASX 200 shares in this article.

That's because analysts have named them as buys this week and are tipping them to rise strongly from current levels. Here's what they are recommending:

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Judo Capital Holdings Ltd (ASX: JDO)

Morgans is bullish on this small business lender and sees significant value in its shares at current levels.

Last week, the broker upgraded Judo Capital's shares to a buy rating (from accumulate) and put a $2.09 price target on them. Based on its current share price of $1.45, this implies potential upside of over 40% for investors over the next 12 months.

The broker made the move in response to a solid quarterly update and recent share price weakness. It said:

JDO provided a 3Q26 trading update, which included reaffirming its FY26 earnings guidance range albeit now expected to be at the bottom end of the range given it conservatively topped up its expected loan loss provision. We view JDO's recent share price weakness as a buying opportunity for a stock with high growth potential, increasing the margin of safety for the investment. Upgrade from ACCUMULATE to BUY. Potential TSR at current prices is c.49%.

Regis Resources Ltd (ASX: RRL)

The team at Bell Potter is bullish on this gold miner and thinks it could be an ASX 200 share for investors to consider in May.

The broker has put a buy rating and improved price target of $9.45 on its shares. Based on its current share price of $7.06, this suggests that upside of over 30% is possible between now and this time next year.

Bell Potter was impressed with the company's performance in the third quarter of FY 2026 and highlights that it is now sitting on over $1 billion in cash. This bodes well for capital returns in the future. In addition, the broker notes that it is attracted to the company due to its all-Australian, multi-mine asset portfolio and unhedged position.  It commented:

We remain attracted to RRL's all-Australian, multi-mine asset portfolio, its demonstrated leverage to the gold price, highly competitive cash generation and its fully unhedged, debt free position. Our NPV-based valuation lifts 1%, to a rounded $9.45/sh. We retain our Buy recommendation with forecast dividends supporting shareholder returns.

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 no position in any of the stocks mentioned. 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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