Meanwhile, brokers have indicated continuing confidence in scores of ASX 200 shares this week.
Let's see a sample.
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Santos Ltd (ASX: STO)
The Santos share price is $8.51, down 0.8% today.
Over the past month, this ASX 200 energy share has risen 5%.
Bernstein renewed its buy rating on Santos shares on Monday.
The broker raised its 12-month price target from $8.90 to $10.10.
This suggests a potential 19% upside ahead.
Xero Ltd (ASX: XRO)
The Xero share price is $63.29, down 3.3% today.
This ASX 200 tech share has fallen 24% over the past month.
Citi reiterated its buy call on Xero shares with a price target of $113.60.
This implies potential capital gains of 80% ahead.
Westpac Banking Corp (ASX: WBC)
The Westpac share price is $34.57, down 0.8% today.
Over the past month, this ASX 200 bank share has fallen 0.3%.
UBS reaffirmed its buy rating on Westpac shares with a 12-month target of $45.
This suggests a potential 30% upside ahead.
Rural Funds Group (ASX: RFF)
The Rural Funds share price is $1.95, down 0.5% today.
This ASX 200 agricultural real estate investment trust (REIT) has fallen 11% over the past month.
UBS renewed its buy rating on Rural Funds Group shares with a $2.30 target.
This implies potential capital growth of 19% over the next year.
AMP Ltd (ASX: AMP)
The AMP share price is $2.49, down 0.2% today.
Over the past month, this ASX financial share has risen 6%.
Citi renewed its buy rating on AMP shares with a $2.60 target.
This suggests a potential 4% upside ahead.
Zip Co Ltd (ASX: ZIP)
The Zip share price is $2.21, down 0.5% today.
This ASX 200 financial share has fallen 13% over the past month.
Citi reiterated its buy rating on Zip shares on Monday.
The broker lowered its 12-month target from $3.55 to $3.20 per share.
This implies a potential 45% upside ahead.
Ramelius Resources Ltd (ASX: RMS)
The Ramelius Resources share price is $3.57, up 2.7% today.
Over the past month, this ASX 200 gold share has fallen 1%.
Morgans renewed its buy call on Ramelius Resources shares with a $4.74 target.
This suggests a potential 33% upside ahead.
Morgans said:
RMS is expected to release FY27 guidance and an updated outlook to FY30 in Sep-26, following execution of the EPC contract for the Mt Magnet mill expansion, providing greater clarity on project costs and timing.
