7 ASX 200 shares given buy ratings this week

Brokers are recommending these shares to clients.

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Looking for investment ideas in July?

Well, listed below are seven ASX 200 shares that brokers currently rate as buys.

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Life360 Inc (ASX: 360)

Citi remains positive on Life360 and has retained its buy rating on the location-sharing technology company.

The broker has also lifted its price target to $31.95 from $28.25, which compares with the latest share price of $27.01.

Citi expects growth to accelerate as the year progresses, suggesting there could be more upside if Life360 continues converting its large user base into stronger revenue and earnings.

The broker's price target implies potential upside of around 18%.

Domino's Pizza Enterprises Ltd (ASX: DMP)

Ord Minnett has retained its buy rating on Domino's Pizza Enterprises, although it has trimmed its price target to $21.00 from $22.00.

Even after the reduction, the broker still sees potential upside of approximately 29%. This suggests Ord Minnett believes the market may be too negative on the pizza chain's recovery prospects.

Flight Centre Travel Group Ltd (ASX: FLT)

UBS remains positive on Flight Centre Travel Group.

The broker has retained its buy rating and $14.70 price target on the travel company's shares, which are currently trading at $12.60.

That suggests potential upside of around 17%.

UBS is also forecasting a dividend of 43 cents per share in FY 2027, which represents a dividend yield of 3.4%.

Genesis Minerals Ltd (ASX: GMD)

Bell Potter has retained its buy rating on Genesis Minerals shares following the announcement of plans to merge with fellow gold miner Vault Minerals Ltd (ASX: VAU).

The broker has trimmed its price target slightly to $9.75 from $9.90.

That still sits well above the latest Genesis share price of $5.78, implying potential upside of close to 70%.

Goodman Group (ASX: GMG)

Citi continues to back Goodman Group.

The broker has retained its buy rating and $40.00 price target on the industrial property giant's shares.

With Goodman shares trading at $30.68, that points to potential upside of around 30%.

Citi expects the company to upgrade its earnings per share growth guidance ahead of its results in August.

Lynas Rare Earths Ltd (ASX: LYC)

Macquarie has retained its outperform rating and $22.00 price target on Lynas Rare Earths.

This follows the rare earths company's announcement of a long-term partnership with JS Link to develop a 3ktpa NdFeB permanent magnet facility in Malaysia.

Based on the latest share price of $16.91, Macquarie's price target implies potential upside of around 30%.

REA Group Ltd (ASX: REA)

Finally, Morgans remains positive on REA Group and has retained its buy rating on the property listings company.

And while it has reduced its price target to $199 from $219, this still implies potential upside of approximately 35% from where its shares currently trade..

Morgans believes management has levers it can pull to help offset softer listing volumes.

Citigroup is an advertising partner of Motley Fool Money. Motley Fool contributor James Mickleboro has positions in Domino's Pizza Enterprises, Goodman Group, Life360, and REA Group. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Domino's Pizza Enterprises, Goodman Group, Life360, and Macquarie Group. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has recommended Lynas Rare Earths Ltd. The Motley Fool Australia has positions in and has recommended Life360. The Motley Fool Australia has recommended Domino's Pizza Enterprises, Flight Centre Travel Group, Goodman Group, and Macquarie 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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