Buy, hold, sell: Capstone Copper, Lindsay Australia, Woodside shares

Let's take a look at three fresh buy, hold, and sell calls from the experts. 

S&P/ASX 200 Index (ASX: XJO) shares are up 0.7% to 9,079.1 points on Tuesday.

The fastest rising ASX 200 stocks today are Droneshield Ltd (ASX: DRO), up 8.7%, and Life360 Inc (ASX: 360), up 6.8%.

The biggest fallers today are Predictive Discovery Ltd (ASX: PDI), down 5%, and Firefly Metals Ltd (ASX: FFM), down 4.8%.

Let's check out 3 ASX shares with new ratings from the experts.

A hipster-looking man with bushy beard and multiple arm tattoos sits on the floor against a sofa reading a tablet with his hand on his chin as though he is deep in thought.

Image source: Getty Images

Capstone Copper Corp CDI (ASX: CSC)

The Capstone Copper share price is $13.71, up 0.6% today and up 52% over 12 months. 

Morgans maintained its buy rating on this ASX 200 mining share following the company's 2Q FY26 update.

The broker said: 

CSC's 2Q26 marked its seventh consecutive quarter of record adjusted EBITDA, underscoring the consistency of its earnings growth and leverage to the copper cycle.

Mantoverde's performance was outstanding, running above nameplate for the full quarter and beating on both volumes and costs.

Morgans has an $18 target price on Capstone Copper shares, implying a potential 31% upside from here.

Woodside Energy Group Ltd (ASX: WDS)

The Woodside share price is $32.63, up 0.4% today and up 25% over 12 months. 

Morgans has a hold rating on this ASX 200 energy share. 

Following Woodside's 2Q FY26 update, the broker shaved its 12-month target price down from $33.40 to $32.50.

This implies the stock is already fully valued.

The broker commented: 

A good-looking 2Q26 operational and sales result, with operating revenue of US$4,185m up 28% qoq, 14.1% ahead of Visible Alpha (VA) consensus (US$3,668m) and 18% ahead of us (MorgansF US$3,545m).

Roughly half the revenue beat came from marketing activity (lower margin). Strip that out and the beat narrows to ~6% on reported revenue, still healthy. Net debt of ~US$9.3bn was a rare negative, ~US$1.4bn above our estimate, but appears to be a cash flow timing factor.

Nothing in Q2 materially changes our view.

Lindsay Australia Ltd (ASX: LAU)

The Lindsay Australia share price is 67 cents, down 1.5% today and down 9% over 12 months. 

Mark Gardner from MPC Markets has a sell rating on this ASX industrials share. 

Gardner said (courtesy The Bull):

This refrigerated transport and logistics operator grew group revenue to $540.3 million in the first half of 2026, up 24.8 per cent on the prior corresponding period.

Underlying net profit after tax of $15.8 million was up 0.1 per cent. Underlying earnings per share of 4.3 cents was down 13.6 per cent.

Renewed Middle East tension could potentially lift diesel prices, operating costs and pressure margins, which is challenging for a fleet heavy business.

We'd rather step aside until diesel costs stabilise and margins start recovering.

Motley Fool contributor Bronwyn Allen has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended DroneShield and Life360. The Motley Fool Australia has positions in and has recommended Life360. The Motley Fool Australia has recommended Lindsay Australia. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Broker Notes

Piles of coins with rising arrows.
Broker Notes

I screened the ASX for five companies rated a strong buy by brokers

These companies could offer strong share price upside.

Read more »

Three small children reach up to hold a toy rocket high above their heads in a green field with a blue sky above them.
Broker Notes

2 ASX shares tipped by brokers to climb 110% or higher over the next 12 months

Brokers think these ASX shares could storm higher over the next 12 months.

Read more »

Young woman thinking with laptop open.
Broker Notes

Buy, hold, sell: Liontown, Ramsay Healthcare, ANZ shares

Let's take a look at some new ratings on three ASX 200 shares.

Read more »

A young woman uses an application in her smart phone to check currency exchange rates in front of an illuminated information board.
Broker Notes

Buy, hold, sell: ResMed, Origin Energy, Reece shares

A broker has had its say on these three shares.

Read more »

Woman holding her glasses and looking at her laptop.
Broker Notes

Buy, hold, sell: PLS Group, Woolworths, CSL shares

Let's check out some new ratings on these ASX 200 heavyweights.

Read more »

Business man marking buy on board and underlining it.
Broker Notes

Leading brokers name 3 ASX shares to buy today

Brokers believe that now could be the time to buy these shares.

Read more »

Man smiling ahead while working on his MacBook.
Broker Notes

Buy, hold, sell: Liontown, Suncorp, and Wesfarmers shares

Let's see what a leading broker is saying about these shares.

Read more »

Smiling man sits in front of a graph on computer while using his mobile phone.
Broker Notes

Top brokers name 3 ASX shares to buy next week

Brokers gave buy ratings to these ASX shares last week. Why are they bullish?

Read more »