Brokers have indicated continuing confidence in several ASX 200 shares this week.
Let's take a look.
Image source: Getty Images
Telstra Group Ltd (ASX: TLS)
The Telstra share price is $4.99, up 0.1% today and up 2.2% over 12 months.
Morgan Stanley reiterated its buy rating on Telstra shares on Wednesday.
The broker lowered its 12-month share price target from $5.40 to $5.30.
This implies potential capital gains of 6% in FY27.
Liontown Ltd (ASX: LTR)
The Liontown share price is $1.47, down 0.5% today and up 83% over 12 months.
The lithium producer was one of the 5 top ASX 200 mining shares for capital growth in FY26.
Macquarie renewed its buy rating on Liontown shares with a $2.30 target this week.
This suggests a potential 57% upside ahead.
Life360 Inc (ASX: 360)
The Life360 share price is $25.82, down 0.4% today and down 21% over 12 months.
Citi reiterated its buy rating on Life360 shares on Tuesday.
The broker raised its target from $28.25 to $31.95.
This implies potential capital gains of 24% ahead.
Pro Medicus Ltd (ASX: PME)
The Pro Medicus share price is $199.48, down 5.1% today and down 37% over 12 months.
However, that 12-month performance belies this ASX 200 healthcare share's incredible comeback in CY26.
Pro Medicus shares hit a 52-week low of $107.75 on 24 February. Since then, they've ripped 85% higher.
And since the broader healthcare sector pivoted on 3 June, Pro Medicus shares have outperformed with a 25% gain.
That compares to a 21% increase in the S&P/ASX 200 Health Care Index (ASX: XHJ) since 3 June.
Citi sees more room for growth, and reiterated its buy rating with a $240 target this week.
This suggests another 20% upside ahead.
South32 Ltd (ASX: S32)
The South32 share price is $4.02, up 5.2% today and up 32% over 12 months.
Morgan Stanley maintained its buy rating on the ASX 200 mining share this week.
The broker shaved its 12-month target down from $4.85 to $4.75.
This implies a potential 18% upside ahead.
BHP Group Ltd (ASX: BHP)
The BHP share price is $58.28, up 2.5% today and up 52% over 12 months.
Morgan Stanley renewed its buy rating on BHP shares with a $67.50 target this week.
This suggests a potential 15% upside in the new financial year.
WiseTech Global Ltd (ASX: WTC)
The WiseTech share price is $34.24, down 1.1% today and down 70% over 12 months.
This tech share was the fastest faller of the ASX 200 in FY26.
Citi anticipates a strong recovery for WiseTech shares and renewed its buy rating this week.
However, the broker cut its 12-month target significantly from $65.65 to $52.
This still implies potential capital gains of 52% in FY27.
Paladin Energy Ltd (ASX: PDN)
The Paladin Energy share price is $10.15, up 5.1% today and up 46% over 12 months.
Morgan Stanley kept its buy call on the ASX 200 energy share but lowered its target from $13.65 to $11.95 this week.
This suggests a potential 17% upside ahead.
Coles Group Ltd (ASX: COL)
The Coles share price is $23.58, down 0.4% today and up 15% over 12 months.
UBS renewed its buy rating on the ASX 200 consumer staples share with a $25.50 target on Monday.
This suggests a potential 8% upside ahead.
