With the ASX 200 largely struggling in 2026, there are plenty of quality companies on discount right now.
Negative market sentiment and various headwinds like inflation and interest rate rises have pushed many investors into a defensive mindset.
However there are also value opportunities in today's market.
While broker targets should always be complimentary to individual research, they can provide a ballpark of where an ASX 200 stock price may go in the near future.
Here's three of the most undervalued ASX 200 companies now according to experts, along with how much a prospective investor could potentially profit over the next 12 months.
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Ora Banda Mining Ltd (ASX: OBM)
Ora Banda Mining engages in the development and exploration of gold.
Like many ASX gold shares, it enjoyed big gains in 2025.
However since the start of 2026, it has tumbled almost 14%.
Brokers now view this as a buy low opportunity for the ASX 200 stock.
Canaccord Genuity recently reiterated its buy rating with a $2.25 target.
From the current share price of $1.33, this indicates an upside potential of 69%.
This means a $10,000 investment could rise to almost $17,000 in the next 12 months should this ASX 200 company reach its potential.
Guzman Y Gomez Ltd (ASX: GYG)
The popular Mexican fast casual chain has been heavily covered this year as its share price has fallen significantly.
For the year to date, this ASX 200 stock is down 12%.
However, it has recently started to rebound after the company announced it was exiting the US market.
Investors largely saw this as a positive, as it has soared almost 20% since the news.
Brokers also quickly began re-evaluating the company following this announcement.
At the time of writing, the ASX 200 stock is trading at just under $19 per share.
Bell Potter has increased its price target to $24.50, while Ord Minnett is even more optimistic, placing a $31.00 price target on Guzman Y Gomez shares.
These targets indicate an upside potential of 29% to 63% upside.
This would send a $10,000 investment somewhere into the range of $12,900 to $16,000 in the next 12 months.
Flight Centre Travel Group Ltd (ASX: FLT)
Travel shares have also been hit hard this year due to global conflict and soaring oil prices.
Flight Centre shares have subsequently fallen 26% year to date.
However, it is also being tipped to recover in the near future.
Macquarie has an outperform rating on Flight Centre shares with a price target of $17.95.
From the current share price of $11.12, this indicates an upside potential of 61%.
If the share price reaches this target, a $10,000 investment would reach over $16,000 by next June.
