Why Coles and Woodside shares are being tipped as buys

Analysts think these big-names could be in the buy zone this week.

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There are a lot of shares for investors to choose from on the Australian share market.

To narrow things down, let's take a look at two ASX 200 shares that analysts are tipping as buys this week, courtesy of The Bull.

Here's what these analysts are recommending to investors this week:

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Coles Group Ltd (ASX: COL)

The team at Morgans thinks that supermarket giant Coles could be an ASX 200 share to buy this week.

The broker rates Coles highly due to its non-discretionary earnings base, improving operational leverage, and attractive valuation following recent share price weakness. In addition, it likes Coles shares for the solid dividend yield they currently offer.

Commenting on the company, Morgans said:

The supermarket operator offers a resilient, non-discretionary earnings base. Demand for consumer staples remains stable through economic cycles, and Coles benefits from pricing discipline across a duopolistic market structure. Recent share price weakness, driven partly by broader cost-of-living and regulatory scrutiny concerns, has created a more attractive entry point for long term investors. The company also offers a solid dividend yield and improving operational leverage.

Woodside Energy Group Ltd (ASX: WDS)

Over at MPC Markets, its analysts have named Woodside shares as a buy this week.

It likes the energy giant due to its exposure to LNG demand from Asia, which will soon be boosted by the Scarborough Energy project. MPC Markets highlights that the project is around 96% complete and should be shipping its first cargoes later this year.

In addition, the investment solutions advisory company believes the market is not fully pricing in the production uplift from Woodside's major growth projects. As a result, it sees value in Woodside shares at current levels and is recommending them to investors that are seeking exposure to the energy sector.

Commenting on Woodside, MPC Markets said:

Woodside is one of Australia's leading oil and gas producers. The company remains leveraged to LNG demand from Asia. The Scarborough Energy project is reportedly 96 per cent complete and on track for first LNG cargoes in the fourth quarter of 2026. Energy prices remain volatile, but gas continues to play an important role in regional energy security.

In our view, the market isn't fully pricing in the production uplift from Woodside's major growth projects. The dividend has been under pressure, but the balance sheet and asset base remain appealing for investors seeking energy exposure.

Motley Fool contributor James Mickleboro has positions in Woodside Energy Group Ltd. 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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