This week, brokers indicated continued confidence in several ASX 200 shares.
Let's check them out.
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Coles Group Ltd (ASX: COL)
The Coles share price is $23.40, down 1.4% today and down 3% over 12 months.
Over the past month, this ASX 200 consumer staples share has fallen 2%.
Morgan Stanley renewed its buy rating on Coles shares this week.
The broker has a 12-month price target of $25.
This suggests a potential 6% upside ahead.
Mineral Resources Ltd (ASX: MIN)
The Mineral Resources share price is $64.35, down 1.6% today and up 74% over 12 months.
Over the past month, this ASX 200 mining share has soared 21%.
Bell Potter renewed its buy rating on Mineral Resources shares today.
The broker has a $75 target, which implies a 15% upside ahead.
Woolworths Group Ltd (ASX: WOW)
The Woolworths share price is $39.04, down 1.3% today and up 38% over 12 months.
This ASX 200 supermarket share has fallen 2% over the past month.
Morgans reiterated its buy rating on Woolworths shares with a price target of $43.50.
This implies potential capital gains of 11% ahead.
Centuria Capital Group (ASX: CNI)
The Centuria Capital share price is $1.18, down 1.3% today and down 52% over 12 months.
Over the past month, this ASX real estate investment trust (REIT) has slumped 22%.
UBS maintained its buy rating on Centuria Capital shares today.
The broker lowered its target from $2.11 to $1.80, suggesting a 52% upside ahead.
Paladin Energy Ltd (ASX: PDN)
The Paladin Energy share price is $11.77, down 2.6% today and up 62% over 12 months.
Over the past month, this ASX 200 uranium share has ripped 28% higher.
Jefferies reaffirmed its buy rating on Paladin Energy shares yesterday.
The broker raised its price target from $12.50 to $14.50.
This suggests a potential 22% upside ahead.
NextDCLtd (ASX: NXT)
The NextDC share price is $14, up 3.1% today and up 2% over 12 months.
This ASX 200 tech share has increased 6% over the past month.
UBS renewed its buy rating on NextDC shares today with a $22.55 target.
This implies potential capital growth of 61% over the next year.
Droneshield Ltd (ASX: DRO)
The Droneshield share price is $1.76, down 1.7% today and down 46% over 12 months.
Over the past month, this ASX 200 industrials share has fallen 2.5%.
Bell Potter renewed its buy rating on Droneshield shares this week.
The broker shaved its 12-month price target from $2.50 to $2.40.
This suggests a potential 35% upside ahead.
WiseTech Global Ltd (ASX: WTC)
The WiseTech share price is $41.89, up 6% today and down 58% over 12 months.
This ASX 200 tech share has risen 21% over the past month.
Morgans reiterated its buy rating on Wisetech shares this week.
The broker cut its target price from $67 to $62.50.
This implies a potential 49% upside ahead.
Qantas Airways Ltd (ASX: QAN)
The Qantas share price is $9.54, down 1.2% today and down 21% over 12 months.
Over the past month, this ASX 200 airline share has fallen 8%.
Morgan Stanley retained its buy call on Qantas shares today.
The broker raised its target from $12.50 to $12.80.
This suggests a potential 33% upside ahead.
