If so, it could be worth considering the three ASX 200 shares in this article.

That's because the team at Morgans has named them as buys and expects outsized returns from their shares.

Here's what it is recommending to clients:

Generation Development Group Ltd (ASX: GDG)

Morgans thinks this diversified financial services company's shares could be great value.

It has a buy rating and $6.16 price target on its shares. Based on its current share price of $3.66, this implies potential upside of almost 70% over the next 12 months.

Commenting on the company, the broker said:

GDG has provided a 3Q26 quarterly update. This quarterly was something of a familiar story, in our view – the Investment Bond business again delivered ahead of expectations, while Evidentia once again fell short of the mark. We lower our GDG FY26F/FY27F EPS by -4%-11% on more conservative earnings estimates particularly around Evidentia.

Our price target is set at A$6.16 (previously A$6.66). We continue to be attracted to GDG's exposure to structural growth areas, and its strong competitive positioning in these markets. With GDG trading at a >20% discount to our target price, we maintain our Buy recommendation.

Newmont Corporation (ASX: NEM)

Another ASX 200 share that Morgans is bullish on is Newmont.

In response to a strong quarterly update from the gold giant, the broker has put a buy rating and $208.00 price target on its shares. Based on its current share price of $166.16, this suggests that upside of 25% is possible. It explains:

Strong beat and capital returns increased: NEM delivered a strong beat across multiple operating and financial metrics, while completing its US$6bn buyback and announcing a further US$6bn program. The result reinforces NEM's positioning as a high-quality, cash-generative gold producer with strong balance sheet flexibility and increasing capacity to return capital to shareholders. Maintain BUY rating with a A$208ps target price.

Pro Medicus Ltd (ASX: PME)

Lastly, Pro Medicus could be an ASX 200 share to buy according to Morgans.

After adjusting its financial model to be more conservative, the broker has put a buy rating and $210.00 price target on its shares. Based on its current share price of $138.12, this implies potential upside of 52% for investors over the next 12 months. It commented:

In this note, we deploy a new PME model where we have deliberately set a lower bar. Our remodelled estimates prioritise achievability over optimism, staging implementation revenue conservatively and mark FX to spot. We see this as the right framework for a stock where sentiment has been fragile. On the business operations front, the story remains untarnished. Contract newsflow since February has been exceptional: ~$100m in wins and renewals, all at higher pricing, with cardiology upsell gaining traction.

The demand story is not in question. We re-emphasise our positive long-term conviction on the name although lower our valuation to reflect current but potentially fleeting headwinds. Our target price is reduced to A$210 p/s and we retain our Buy recommendation.

The post These ASX 200 shares could rise 25% to 70% appeared first on The Motley Fool Australia.

What did Generation Development Group report?

• Cyber incident detected in a limited part of Generation Life's network via a third-party provider
• No evidence of unauthorised transactions or impact on core systems
• Business continuity plan executed promptly; minimal operational disruption
• Incident had no impact on the systems of Evidentia Group or Lonsec Research & Ratings

What else do investors need to know?

Generation Life says leading cyber security experts have been engaged to investigate the incident and assess any potential data impacts. If any advisers or clients are found to have been affected, they will be contacted directly at the end of that review.

The company also notified major regulators, including APRA, the OAIC, the ACSC and NOCS, and will continue to provide updates to the ASX should any material developments arise.

What's next for Generation Development Group?

Generation Development Group will keep the market informed of any significant changes as its investigation proceeds. At this stage, the focus remains on ensuring all systems are secure and stakeholders, especially clients and advisers, are kept informed of any findings.

The company's business continuity plan and rapid response demonstrate a proactive approach to handling cyber security matters, which are increasingly relevant for investors today.

Generation Development Group share price snapshot

Over the past 12 months, Generation Development Group shares have declined 14%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 10% over the same period.

View Original Announcement

The post Generation Development Group reports cyber incident appeared first on The Motley Fool Australia.

Three broker buy ratings that you might want to know more about are summarised below. Here's why brokers think these ASX shares are in the buy zone right now:

DroneShield Ltd (ASX: DRO)

According to a note out of Bell Potter, its analysts have retained their buy rating and $4.80 price target on this counter-drone technology company's shares. This follows the release of a strong first-quarter update which revealed revenue up 121% on the prior corresponding period. Bell Potter was also pleased to see that SaaS revenue continues to grow strongly and now represents 6.9% of revenue. Looking ahead, the broker believes DroneShield has a market leading offering and a strengthening competitive advantage. This leaves it well-placed ahead of an expected wave of spending on these types of solutions. As a result, Bell Potter believes DroneShield should see material contracts flowing from its $2 billion+ potential sales pipeline over the next three to six months. The DroneShield share price is trading at $3.73 on Friday.

Generation Development Group Ltd (ASX: GDG)

A note out of Morgans reveals that its analysts have retained their buy rating on this diversified financial services company's shares with a trimmed price target of $6.16. This follows the release of a solid quarterly update earlier this week. Morgans highlights that once again, the Investment Bond business delivered ahead of expectations. However, taking some of the shine off the result was the softer than expected performance from the Evidentia business. And while the latter has caused the broker to trim its earnings forecasts, it remains positive on Generation Development Group. This is largely due to its exposure to structural growth areas, and its strong competitive positioning in these markets. The Generation Development Group share price is fetching $3.54 at the time of writing.

WiseTech Global Ltd (ASX: WTC)

Another note out of Morgans reveals that its analysts have retained their buy rating on this logistics solutions technology company's shares with a reduced price target of $70.40. Morgans has made significant changes to its technology coverage, lowering valuations to reflect higher discount rates and uncertainty over terminal values due to AI disruption. Despite this, the broker remains very positive on WiseTech Global and has named it as one of its key picks in the sector. The WiseTech Global share price is trading at $44.17 on Friday afternoon.

The post Brokers name 3 ASX shares to buy right now appeared first on The Motley Fool Australia.

According to the ABC, both sides maintain there is a ceasefire in place and as a second round of peace talks lingers.

This is despite the US announcing ships from all Iranian ports were under blockade. 

It appears this grey area is weighing on investor sentiment. 

On the positive side, during the week, several ASX shares received updated guidance from brokers. 

Some of these shares are expected to double in the next 12 months after experiencing heavy sell-offs recently.

Here are some of the latest recommendations. 

Cochlear Ltd (ASX: COH)

Cochlear shares have been some of the most heavily sold off in 2026. 

The ASX healthcare stock fell a further 4% yesterday, and is now down 63% this year. 

Most of this damage was done this week after the company significantly downgraded its earnings guidance.

So where does this leave the stock now?

Some brokers believe the sell-off has been overdone, creating a buy-low opportunity. 

This includes a recent buy rating from UBS analyst David Low.

Low has a 12-month target of $302 on this ASX 200 healthcare share.

This implies more than 200% upside over the next 12 months.

Buyers should be aware this optimism isn't reciprocated everywhere, as Morgans rates the company as a hold. 

Black Pearl Group Ltd (ASX: BPG)

Black Pearl Group is a recently listed data technology platform provider. 

Bell Potter has been quick to get behind these ASX shares, with consistent buy ratings throughout 2026. 

This week, the broker retained its speculative buy rating on the ASX tech stock with an improved price target of $1.82 (from $1.76).

Yesterday, these ASX shares fell more than 12%, which has created even more upside for optimistic investors. 

It closed trading yesterday at 68 cents per share. 

If it reaches the price target set by Bell Potter, that would be a 168% rise. 

Generation Development Group Ltd (ASX: GDG)

Another ASX stock that fell significantly this week was Generation Development Group. 

The ASX financials company provides investment bonds and investment-linked lifetime annuities which offer innovative and tax-efficient solutions for wealth accumulation, estate planning and generating regular income in retirement.

Its share price crashed 22% on Wednesday following its March 2026 quarterly update.

Following this result, the team at Bell Potter reduced its price target on this ASX 200 stock to $6.20 (previously $7.40). 

However from yesterday's closing price of $3.60, this updated target indicates an upside potential of 72%. 

The post Could these ASX stocks really be set to double after crashing this week? appeared first on The Motley Fool Australia.

Following these results, the team at Morgans updated their guidance on both ASX shares. 

Here's what the companies reported, and the broker's updated view. 

Generation Development Group

Yesterday, Generation Development Group released a March 2026 quarterly update. 

This included:

• Funds Under Management increasing to $34.8 billion, up 30% vs the PCP for its subsidiary Evidentia Group
• FUM of $5.3 billion at 31 March 2026, up 35% on the prior year ended 31 March 2025 for Generation Life. 

It was reported earlier today that these results prompted a 22% share price crash yesterday. 

However this fall has now created a buy-low opportunity according to Morgans. 

The broker has lowered its price target to $6.16 (previously A$6.66). 

However from today's stock price hovering around $3.62, this indicates an upside potential of 70%. 

We continue to be attracted to GDG's exposure to structural growth areas, and its strong competitive positioning in these markets. With GDG trading at a >20% discount to our target price, we maintain our Buy recommendation.

Morgans isn't the only broker with optimism around these ASX shares. 

Bell Potter also has a buy recommendation, along with a price target of $6.20. 

Airtasker

Airtasker is an online platform that connects people wanting to outsource tasks with people who are willing to do them for a fee. 

The company also recently released a quarterly update.

It reported: 

• Australian Gross Merchandise Value (GMV) of $56.7m, up 17.8% on pcp
• 3Q26 Group revenue was +~12% on the pcp to A$15.2m. 

On the back of Q3 performance, Airtasker re-affirmed FY26 guidance issued in February. 

Based on this guidance, the team at Morgans retained its buy recommendation, but slightly lowered its price target. 

Whilst our forecasts remain unchanged at this juncture, we adopt the new house risk-free rate of 4.6% (from 4.2%) into our valuation. Our price target is lowered to A$0.47 from A$0.51 as a result. We retain our BUY recommendation.

At the time of writing, Airtasker shares are down 3% today and are hovering around 25 cents per share. 

From this price, the updated target from Morgans indicates an upside potential of 88%. 

The post Broker reiterates buy ratings on 2 ASX shares appeared first on The Motley Fool Australia.

The ASX financials company provides investment bonds and investment-linked lifetime annuities which offer innovative and tax-efficient solutions for wealth accumulation, estate planning and generating regular income in retirement.

Following yesterday's horror run, the ASX 200 stock is now down almost 40% year to date. 

For comparison, the S&P/ASX 200 Financials Index (ASX: XFJ) is up just over 3% in the same period. 

Why did the share price crash?

It appears investors were exiting their positions in this ASX 200 stock following the release of its March 2026 quarterly update.

It closed yesterday at $3.56 per share. 

Generation Development Group is the parent company of Evidentia Group and Generation Life  – two of its core operating businesses. 

Key highlights from Evidentia Group for the March quarter included: 

• Funds Under Management increased to $34.8 billion, up 30% vs the PCP
• Net Inflows of $1.4 billion for the quarter, including the transition of a mandate worth c. $0.3 billion. 

Management noted that underlying demand remains solid, with momentum improving through February and into March.

Meanwhile, Generation Life reported FUM of $5.3 billion at 31 March 2026, up 35% on the prior year ended 31 March 2025.

Generation Life also delivered quarterly sales of $375 million, up 57% on the previous corresponding period.

What did Bell Potter have to say?

Following the result and subsequent 22% crash, the team at Bell Potter provided updated guidance for this ASX 200 stock. 

The broker said overall, it was a mixed set of results. 

High level, the core business is seeing ongoing improvement while acquisitions show signs of softness. Market guidance now looks ambitious, but client momentum remained strong, and flagged mandates have started to contribute after being laid out. However, conversion delays have persisted.

Barring any sharp adverse market moves, we expect these delays to resolve. Outside of mandates Evidentia net inflows are performing in-line. Timing variability has had further pushback as a result of counterparties.

Price target reduction

Based on this guidance, the team at Bell Potter reduced its price target on this ASX 200 stock to $6.20 (previously $7.40). 

The broker has retained its buy recommendation. 

Despite lowering its price target, this still indicates an upside potential of 74% from yesterday's closing price of $3.56. 

Bell Potter isn't the only broker that sees upside for this ASX 200 stock.

Last month, the team at Morgans placed a $6.66 price target on the company, and eight analyst forecasts via TradingView place an average 12-month price target of $7.17 on the company. 

The post After a 22% crash, this ASX 200 stock could be set to rise 74% according to Bell Potter appeared first on The Motley Fool Australia.

At the time of writing, Light and Wonder shares are up 2.7% while Generation Development Group shares are up over 2%. 

These jumps come after what has been a down year so far in 2026 for both ASX 200 companies. 

Let's see what's behind the spike, and if this marks the start of a longer rebound. 

Light & Wonder

Light & Wonder engages in the development of technology-based products and services and associated content. 

It operates through the following segments: Gaming, SciPlay, and iGaming. The Gaming segment designs, develops, manufactures, markets, and distributes a comprehensive portfolio of gaming products and services.

This ASX 200 company has struggled in 2026, falling almost 19% year to date. 

There is no price-sensitive news out of the company today. 

Despite this, it has been hotly covered by the team here at The Motley Fool over the past month, as many have tipped it as a bounce-back candidate this year. 

It appears investors may now be jumping on the company as a value play.

Brokers also agree that this ASX 200 stock could be set to recover this year. 

Macquarie recently set a $205 price target on Light and Wonder shares, which indicates a potential further upside of 61%. 

This optimism is consistent amongst other experts. 

21 analyst forecasts via TradingView have an average one-year price target of $189.95. 

This indicates an upside potential of approximately 50% from current levels.

Generation Development Group

Generation Development Group engages in the provision of development capital to financial sector businesses.

It has fallen more than 21% in 2026, however has opened today trading more than 2% higher. 

There is also no price-sensitive news out of the company today, as it appears investors are seeing the ASX 200 stock as another value play. 

Last month, the team at Morgans placed a $6.66 price target on the company, saying management has shown a strong track record over time. 

Today, Generation Development Group shares are hovering around $4.64. 

If this ASX 200 stock reached this target, it would be a rise of nearly 50%. 

Similarly, 8 analyst forecasts via TradingView place an average 12-month price target of $7.17 on the company. 

This indicates an upside potential of 55%. 

The post These ASX 200 stocks are surging today and could rally 50% higher this year appeared first on The Motley Fool Australia.

This optimistic session for the local markets followed a mixed start to the American trading week over on Wall Street in the early hours of this morning.

The Dow Jones Industrial Average Index (DJX: .DJI) managed to snatch a win from the jaws of defeat, rising by 0.11%.

The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) wasn't so lucky, though, falling 0.73%.

But let's return to Australian shares now and take stock of how today's indecisiveness affected the various ASX sectors this session.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

More than 400 companies in the ASX All Ords fell yesterday, with some hitting new 52-week lows.

Brokers say these ASX All Ords shares are good buys in today's market.

Here are their 12-month share price targets on each stock.

Objective Corporation Ltd (ASX: OCL)

The Objective Corporation share price fell to a 52-week low of $11.68 on Thursday.

The ASX All Ords tech share is down 29% in the year to date (YTD), and down 22% over the past 12 months.

Following the stock's recent fall, Morgans upgraded its rating from accumulate to buy.

However, the broker reduced its 12-month price target from $20 to $16.70.

Morgans said:

We see tailwinds remaining supportive of OCL's long-term growth momentum.

Generation Development Group Ltd (ASX: GDG)

The Generation Development Group share price fell to a 52-week low of $3.71 yesterday.

The ASX All Ords financial share is down 35% YTD, and down 21% over the past 12 months.

Morgans recently retained its buy rating but reduced its 12-month price target from $7.97 to $6.66.

The broker said:

We believe GDG has a great story, and management has executed well over time.

Jumbo Interactive Ltd (ASX: JIN)

The Jumbo Interactive share price dropped to a 52-week trough of $7.66 yesterday.

This ASX All Ords gaming share has fallen 32% YTD, and is down 25% over the past 12 months.

Jarden has a buy rating on Jumbo Interactive shares with a price target of $12.70.

Cleanaway Waste Management Ltd (ASX: CWY)

The Cleanaway Waste Management share price fell to a 52-week low of $2.31 on Thursday.

The ASX All Ords industrials share has fallen 11% YTD, and dropped 9% over 12 months.

Morgans has a buy rating with a 12-month price target of $3.11.

The broker commented:

1H26 was a mixed bag, with a minor bottom-of-the-range EBIT guidance upgrade.

Next catalyst is the investor strategy day planned for 21 April.

Earnings forecast adjustments are minimal, cashflow downgrades more material.

Sonic Healthcare Ltd (ASX: SHL)

The Sonic Healthcare share price fell to a 52-week low of $20.50 on Thursday.

The ASX All Ords healthcare share has deteriorated 8% YTD and 20% over the past year.

Macquarie has an outperform rating on Sonic Healthcare with a price target of $27.50.

Saluda Medical Inc (ASX: SLD)

Fellow ASX All Ords healthcare share, Saluda Medical, dropped to a 52-week low of 80 cents yesterday.

The Saluda Medical share price has tumbled 42% YTD, and is down 35% over 12 months.

Morgans has a speculative buy rating with a 12-month price target of $3.07.

The broker said:

1H26 showed solid revenue momentum, improving margins, and continued expansion of the US sales force, supporting confidence in a stronger 2H.

Reiteration of FY26 revenue guidance (US$85m) added further comfort and now expects to exceed IPO metrics for gross margin, adjusted EBITDA and cash burn.

The post 6 ASX All Ords shares at 52-week lows: Experts say buy appeared first on The Motley Fool Australia.

For you to be entitled to a stock's next dividend, you must own it before its ex-dividend date.

Here are some of the ASX shares going ex-dividend next week.

ASX shares with ex-dividend dates next week

The post 32 ASX shares about to go ex-dividend appeared first on The Motley Fool Australia.

Three ASX 200 shares that Morgans is bullish on after reviewing their results are named below. Here's what the broker is saying about them:

ARB Corporation Ltd (ASX: ARB)

Morgans remains positive on this 4×4 auto parts company and believes that a return to growth is coming in FY 2027.

In light of this, the broker thinks investors should be buying this ASX 200 share while its shares are down in the dumps. It has put a buy rating and $31.85 price target on them. It said:

ARB's 1H26 result was pre-released (sales -1%; PBT -16%) and we saw limited incremental information today that justified the sharp share price fall. Exports remain the highlight, as the US delivered +26% growth with ARB product sales through the ORW/4WP network up +100% LFL, the UK returned to growth (+5%), and management expressed confidence EMEA headwinds are behind them with the orderbook tracking well ahead of pcp.

Within Aftermarket, network expansion, the new e-commerce platform, new product cycles and the Ford partnership provide levers to help offset a slower start to industry volumes. FY26 reflects a base year for ARB and we remain positive on a resumption of sustainable growth in FY27. We view ~18x FY27F PE as undemanding relative to ARB's market leadership, strong balance sheet and ongoing US execution. BUY.

Domino's Pizza Enterprises Ltd (ASX: DMP)

Another struggling ASX 200 share that Morgans is positive on is pizza chain operator Domino's Pizza.

While there is still a lot of work to be done, the broker is pleased with the action that management is taking. In light of this, it has retained its buy rating and $25.00 price target on Domino's shares. It said:

1H26 marks a clear strategic reset for DMP, with management prioritising a more profitable operating model over near-term volume. SSS was hard to digest, below expectations, but the balance of new information was encouraging, underpinned by a 4.5% lift in franchisee profitability and further cost-out opportunities. We believe early actions from the new leadership team are directionally sound, although this is a multi-year turnaround and proof of execution is still required.

Returning economics to franchisees is a prerequisite for improved sales momentum and store roll-outs, meaning shareholders may need to be patient, but the prize is there if the strategy is delivered. BUY maintained with an unchanged target price of $25.00.

Generation Development Group Ltd (ASX: GDG)

This alternative investment company could be an ASX 200 share to buy according to Morgans.

After releasing an impressive half-year result that was ahead of expectations, the broker retained its buy rating with a $6.66 price target. It said:

GDG's 1H26 group underlying NPAT (A$20.1m, +63% on the pcp), was in line with MorgansF and +5% above Visible Alpha consensus (A$19.3m).    We acknowledge the change in divisional reporting made this a messy result, albeit it was more straightforward than we envisaged, and largely as expected across the board. Positive commentary on potential Evidentia mandates dropping this quarter was arguably our key takeaway, and this could provide a catalyst at the 3Q26 update (if management can deliver as promised). We lower our GDG FY26F/FY27F EPS by -1%/-6%.

Changes to our forecasts reflect a broad review of our earnings assumptions, and re-modelling per GDG's new reporting structure. Our PT falls to A$6.66 (previously A$7.97). We believe GDG has a great story, and management has executed well over time. With the stock trading at a >20% discount to our TP, we maintain our Buy call.

The post Broker names 3 ASX 200 shares to buy in March appeared first on The Motley Fool Australia.

After launching into positive territory with gusto this morning, the ASX 200 spent the entire day there, closing 0.51% higher at 9,175.3 points. That's after the index clocked a new all-time high of 9,202.9 points during intra-day trading.

This euphoric session for Australian investors follows a similarly happy morning over on Wall Street.

The Dow Jones Industrial Average Index (DJX: .DJI) was in fine form, rising 0.63%.

The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) was more enthusiastic, gaining a solid 1.26%.

But let's return to the local markets now and dive deeper into how today's market optimism has trickled down into the different ASX sectors.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

What did Generation Development Group report?

• Underlying NPAT surged 63% year-on-year to $20.1 million
• Total revenue rose 35% to $88.4 million
• Investment Bonds FUM climbed 34% to $5.2 billion
• Managed Accounts FUM increased 36% (like-for-like) to $34.5 billion
• Strong cash position of $83.8 million
• Interim dividend of 1.0 cent per share (fully franked) declared

What else do investors need to know?

The positive result reflects ongoing momentum across all sections of the Group's business, with expanding FUM and a growing base of recurring, FUM-linked and subscription revenues offering greater predictability for future earnings. Generation Life achieved record gross inflows of $723 million and now holds a commanding 60% market share for investment bond inflows.

The Group successfully completed its restructure, bringing Lonsec Investment Solutions and Evidentia Group under one operating structure. This enhanced alignment and accountability, supporting performance and enabling higher future earnings. An additional highlight was the acquisition of Encore Advisory, which further extends Evidentia Group's client offering.

What did Generation Development Group management say?

Generation Development Group CEO Grant Hackett OAM, said:

The HY26 has been a landmark period for the Group, with earnings growth driven by FUM expansion, and strong recurring revenue.

The transformational Group restructure including the integration of Lonsec Investment Solutions and Evidentia Group, combined with the significant investment in each of our subsidiaries products and services, positions the business to capitalise on structural and legislative tailwinds.

These results reflect the strength of our diversified business model, the scalability of our platforms, and the dedication of our teams, giving us confidence in continued momentum and earnings growth into the second half and beyond.

What's next for Generation Development Group?

Looking ahead, the board expects second half earnings to exceed HY26's result, with each subsidiary set for further growth. Generation Life targets new product launches, including an updated Lifetime Annuity and additional innovative income solutions in partnership with BlackRock, subject to regulatory approval.

Evidentia Group anticipates a stronger second half, supported by over $2.0 billion in transitioning mandates and new client wins. Lonsec is also tipped to expand earnings on the back of new governance and research offerings for licensees, platforms, and wealth businesses.

Generation Development Group share price snapshot

Over the past 12 months, Generation Development Group shares have declined 19%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 9% over the same period.

View Original Announcement

The post Generation Development Group announces 63% jump in HY26 profit as FUM hits new record appeared first on The Motley Fool Australia.

At the time of writing, Generation Development shares are up 0.73% to $4.15. In comparison, the All Ordinaries Index (ASX: XAO) is up 0.1%.

The stock has fallen sharply in recent months and is down around 30% over the past month. It is now trading near the lower end of its 52-week range of $3.87 to $7.77.

Here is what investors need to know.

Company addresses takeover speculation

In an announcement to the ASX, Generation Development Group responded to a recent media report.

The company referred to an article in the Australian Financial Review, which suggested it could be considering a potential acquisition of Ironbark Asset Management.

In its response, GDG confirmed it is not currently in discussions to acquire Ironbark.

Management said the group regularly reviews potential merger and acquisition opportunities. However, it also said any transaction must meet its investment criteria and strategic objectives before moving forward.

The company added that it remains in full compliance with its ASX listing obligations.

What does Generation Development do

Generation Development is a financial services company focused on investment and retirement products.

Its key businesses include Generation Life, which provides investment bonds and lifetime annuities, and Lonsec, which offers investment research and ratings to financial advisers.

The group also owns Evidentia, a managed accounts business that supports advisers with portfolio solutions.

The company has grown in recent years through acquisitions, including taking full ownership of Lonsec and expanding its managed accounts offering.

These businesses are aimed at benefiting from long-term growth in Australia's wealth and retirement sector.

Half-year results in focus

Looking ahead, Generation Development is due to report its half-year results at the end of the month.

The market will be watching closely for any updates on funds under management (FUM), net inflows, and earnings growth across Generation Life, Lonsec, and Evidentia. Any commentary around margins, adviser activity, and cost discipline could also influence sentiment following the recent share price weakness.

Where to from here

Investors will likely focus on the company's ability to grow FUM and increase earnings across its divisions.

The retirement savings market remains a structural growth area, particularly as more Australians look for tax-effective investment options outside superannuation.

With the share price around $4.15, investors appear to be waiting for clearer signs of earnings growth or a new strategic development before reassessing the stock.

The post ASX wealth manager addresses takeover rumours. Here's what happened appeared first on The Motley Fool Australia.

The funds management team at Wilson Asset Management have identified a few different names in its WAM Research Ltd (ASX: WAX) portfolio that could be good ideas.

WAM Research is a listed investment company (LIC) that looks to invest in the most compelling undervalued growth opportunities in the Australian market.

Let's look at two ASX stocks that WAM believes are buys at the current share prices.

Generation Development Group Ltd (ASX: GDG)

WAM describes Generation Development Group as a provider of wealth and retirement-related products and services across platforms, including managed accounts and investment bonds.

The fund manager noted that the ASX stock released its update for the three months to December 2025 last month, which showed "strong underlying operating momentum", including total funds under management (FUM) of $34.5 billion (up 36% year over year) and record quarterly gross inflows of $393 million (up 57% year over year).

This growth was driven by Generation Life, one of the company's three divisions, which offers investment bonds and lifetime annuities.

WAM noted that the Generation Development Group's share price fell sharply after delivering its quarterly update.

The fund manager believes that market commentary suggested the reaction was driven less by the headline growth numbers and more by "pre-existing investor positioning and valuation levels ahead of the results, coupled with investor sensitivity to the timing of inflows within the Evidentia Group business."

WAM then explained why it sees this as an opportunity and why it thinks it's a buy:

While lumpier in nature versus the traditional investment bonds business, we believe momentum within Evidentia Group remains strong and view the current weakness as opportunity to add to our position given our conviction in the medium-term growth profile.

Supply Network Ltd (ASX: SNL)

The other ASX stock highlighted within the WAM Research portfolio was Supply Network, an automotive parts distributor that's focused on specialist undercarriage parts for the independent repair market.

The fund manager noted that in late January, the business released an earnings forecast for the six months to 31 December 2025, leading to a rise in the Supply Network share price.

That forecast included expected overall sales revenue of $200 million, as well as net profit after tax (NPAT) guidance of $22.9 million. The company also announced a fully-franked interim dividend of 36 cents per share, which will be paid on 2 April 2026.

Aside from the numbers, why was this such a promising update from the ASX stock? WAM wrote:            

The update reinforced confidence in the business' earnings momentum heading into its half -year result expected in late February, with the fully franked dividend also highlighting balance sheet strength and cash generation.

The post Experts reckon both of these ASX stocks are good buys today! appeared first on The Motley Fool Australia.

The good news is that even among investor uncertainty, some ASX 200 stocks are still catching analyst attention.

Here are four ASX 200 stocks which are tipped to climb another 70% to 80%, or higher, this year.

Iperionx Ltd (ASX: IPX)

Titanium metal and critical materials company, Iperonix, was one of the ASX 200's best-performers in January. The company recently revealed that it has received a prototype purchase order valued at US$300,000 from American Rheinmetall. Iperonix also recently confirmed plans to ramp up production with the goal of becoming America's largest and lowest-cost titanium powder producer. Analysts are bullish on the company's shares and have a strong buy consensus rating for Iperionix. The maximum target price is $11.03, which implies a potential 83.76% upside at the time of writing.

ARB Corp Ltd (ASX: ARB)

ARB shares came under heavy pressure late last month after the 4WD accessories giant released its half-year trading update. The company's unaudited sales revenue slumped 1% on the prior period, and aftermarket sales dropped 1.7%. But it looks like the shares are now trading below fair value, and analysts are optimistic that we'll see a turnaround this year. The maximum target price is $42.25, which implies that the shares could increase 73.44% this year, from the share price at the time of writing.

Capricorn Metals Ltd (ASX: CMM)

Capricorn Metals posted record cash flow and production for the second quarter of FY26. The ASX 200 gold mining stock also benefited from support from the latest gold price rally. The company has some expansion plans in the pipeline too, meaning it's well-placed to capture an uptick in gold demand this year. Analysts are bullish on its shares. The maximum target price is $24, which implies a potential 81.75% upside at the time of writing.

Generation Development Group Ltd (ASX: GDG)

GDG posted consistently strong financial performance and earnings growth in 2025. Both return on equity and earnings growth have outpaced the industry average over the past year. Last month, the company posted record earnings and inflows for the December quarter, and it looks like the strong run of financial results will continue into 2026, too. Analysts are very bullish on the ASX 200 financial stock and tip an upside as high as 84.72% for the shares this year, to $8.46 a piece.

The post These 4 ASX 200 stocks could jump another 70% to 80% in 2026 appeared first on The Motley Fool Australia.

Among them last week were Pantoro Gold Ltd (ASX: PNR) and Generation Development Group Ltd (ASX: GDG).

Morgans took at a look at their reports and updated their ratings and 12-month share price targets on these ASX 200 shares.

Let's take a look.

Broker recommends trimming Pantoro Gold shareholdings

ASX 200 gold miner Pantoro Gold released its quarterly production update last week.

Pantoro Gold reported 22,071 ounces of gold production during the December quarter.

Pantoro sold 22,473 ounces at an average realised price of A$6,077 per ounce and an all-in-sustaining-cost (AISC) of A$2,571 per ounce.

The gold miner reported earnings before interest, taxes, depreciation, and amortisation (EBITDA) of $83.6 million for the three months.

Morgans said a 12% quarterly increase in production was not enough to inspire confidence that Pantoro would meet its FY26 guidance.

Pantoro said it expects production to improve and finish the year at the lower end of the guidance range of 100,000 to 110,000 ounces.

Morgans is sceptical, commenting:

On a half yearly basis, PNR have only delivered 39.6% of ounces using the guidance midpoint of 105koz, despite this guidance being reiterated, although is expected to be at the lower end.

We update our model for the result and reiterate our TRIM rating, price target A$5.00ps (previously A$5.02ps).

Amid a 65% rally in the gold price last year, Pantoro Gold was the best performing ASX 200 mining share for growth, rising 220% in 2025.

The Pantoro Gold share price closed at $5.40, up 4.85% on Friday.

Buy rating maintained on ASX 200 financial share

Generation Development Group also released its December quarter results last week.

Generation Development Group is a market leader in retirement and investment solutions, including bonds.

The company posted a record December quarter with total funds under management (FUM) up 36% year-over-year to $34.5 billion.

Morgans appreciated the record investment bond sales but noted that Evidentia FUM came in 2% below Visible Alpha consensus.

The broker said:

In our view, the IB performance made this a positive quarterly result overall, albeit the market clearly wants to see Evidentia FUM growth gain traction.

We lift our GDG FY26F/FY27F EPS by 1%-2% with increases in our IB sales and FUM growth targets offsetting slight downgrades to our Evidentia FUM growth levels.

Morgans lifted its price target on Generation Development shares slightly from $7.95 to $7.97.

The broker added:

We think GDG has a great story, and management has executed well over time.

With the stock trading at a >20% discount to our target price, we maintain our Buy recommendation.

Generation Development Group shares experienced the best capital growth of ASX 200 financial shares in 2025, rising 66%.

The Generation Development Group share price closed at $5.52, down 2.3%, on Friday.

The post Morgans updates ratings on Pantoro Gold and Generation Development shares appeared first on The Motley Fool Australia.

These two companies fell by 5.99% and 8.43% respectively. 

After such a large sell-off, is this a buy the dip opportunity for investors?

Let's find out. 

Why the sell-off?

There was price sensitive news out of both ASX 200 stocks yesterday that led to the sharp decline. 

Generation Development Group released December Quarter results. 

This included a 36% increase in group funds under management (FUM) to $34.5 billion.

As The Motley Fool's Laura Stewart reported yesterday, the company maintained strong momentum across all divisions. 

Despite this, the ASX 200 stock dropped almost 6% during the day's trade. 

Meanwhile, Northern Star Resources shares fell following the release of its quarterly update. 

All in all, the miner reported lower gold sales, revised FY26 guidance, and ongoing investment in major growth projects.

Are either of these ASX 200 stocks a buy?

The team at Bell Potter has issued new analysis on both of these ASX 200 companies following yesterday's announcements. 

The broker noted that Northern Star Resources experienced production disruptions across several operating assets. 

Bell Potter said whilst the result was disappointing, the information was priced into the stock following the 2 January update, with the company underperforming large-cap gold peers since then. 

In its report, the broker said EPS changes include: FY26 +27% FY27 +6% and FY28 -1%. 

For Generation Development Group, Bell Potter said the company delivered a mixed 2Q26 update which saw Investment Bonds beat expectation. However, Managed Accounts were softer than anticipated due to timing differences of new client entries and flows. 

Price target adjustments 

Bell Potter has maintained buy recommendations on both these ASX 200 stocks. 

The broker has increased its price target of Northern Star Resources shares to $31.10 (previously $30.00). 

After yesterday's rough day of trading, this indicates an upside of 18.8%. 

Whilst the 2QFY26 report disappointed, we view the issues as being largely resolved/ one off, setting up a base for a stronger 2HFY26.

The broker decreased its price target on Generation Development Group shares to $7.90 (previously $8.40). 

Despite lowering its price target, this indicates an upside of 39.82% after yesterday's sell-off.

Our Buy is unchanged and target price down on lower sector multiples and risked growth for lumpiness. We continue to see structural growth and strategic progress.

The post Two ASX 200 stocks to buy after crashing 6-9% yesterday appeared first on The Motley Fool Australia.

Four ASX shares that have failed to follow the market higher today are listed below. Here's why they are falling:

Fortescue Ltd (ASX: FMG)

The Fortescue share price is down 4.5% to $21.59. Investors have been selling this iron ore producer's shares after it released its second quarter and first half production update. Although it reported a small increase in shipments for the second quarter and record shipments for the half, investors appear concerned by a jump in its unit costs. This meant that for the half year, C1 costs averaged US$18.64 per tonne. This is slightly above the top end of its full year guidance range of US$17.50 per tonne to US$18.50 per tonne.

Generation Development Group Ltd (ASX: GDG)

The Generation Development Group share price is down 7.5% to $5.57. This is despite the investment bond company reporting a 36% increase in group funds under management (FUM) to $34.5 billion. The company's CEO, Felipe Araujo, commented: "We continue to see strong and consistent momentum in our inflows, underpinned by deep adviser engagement and growing awareness of the role investment bonds play in long-term wealth planning." It seems that some investors were expecting even stronger growth.

Northern Star Resources Ltd (ASX: NST)

The Northern Star share price is down almost 9% to $26.10. Investors have been selling this gold miner's shares following the release of its quarterly update. Northern Star reported gold sold totalling 348,000 ounces at an all-in sustaining cost (AISC) of A$2,937 per ounce. This reflects a number of one-off operational events across its assets which resulted in a softer December quarter. This is expected to lead to cash earnings of $1,060 million to $1,110 million, which is down from $1,146 million in the prior corresponding period.

Pantoro Gold Ltd (ASX: PNR)

The Pantoro Gold share price is down 11% to $5.17. This follows the release of the gold miner's quarterly production update. Pantoro revealed that it produced 22,071 ounces of gold during the December quarter. This was broadly in line with recent run rates. This underpinned gold sales of 22,473 ounces at an average realised price of A$6,077 per ounce and an AISC of $2,571 per ounce. Pantoro reported EBITDA of $83.6 million for the three months. Ord Minnett was expecting the company to report production of 26,000 ounces for the quarter.

The post Why Fortescue, Generation Development, Northern Star, and Pantoro shares are falling today appeared first on The Motley Fool Australia.

What did Generation Development Group report?

• Group Funds Under Management (FUM) rose to $34.5 billion, up 36% on the prior corresponding period (PCP).
• Generation Life delivered record quarterly gross sales inflows of $393 million, up 57% PCP, and FUM up 34% to $5.2 billion.
• Evidentia achieved net inflows of $1.6 billion for the quarter and maintained a 100% tailored client retention rate.
• Lonsec saw continued iRate subscription growth and completed the Pound for Pound benchmarking pilot in the UK.
• Key strategic wins included finalising a long-term alliance with Ironbark Asset Management and acquiring Encore Advisory Group.

What else do investors need to know?

During the quarter, Generation Development Group maintained strong momentum across all divisions. Evidentia expanded its client base, launched several new managed account solutions, and completed the Encore Advisory Group acquisition to strengthen its practice management offering.

Generation Life posted record adviser engagement, with adviser event attendance up 49%, and extended its market leadership in investment bonds. Meanwhile, the Lonsec business focused on innovation, with new governance tools ready for market in Q3, and ongoing integration efforts targeting adviser workflow solutions.

What did Generation Development Group management say?

Felipe Araujo, Chief Executive Officer, Generation Life said:

We continue to see strong and consistent momentum in our inflows, underpinned by deep adviser engagement and growing awareness of the role investment bonds play in long-term wealth planning. We are investing now in capability, partnerships and product development to ensure Generation Life is well positioned to support advisers and clients as future growth opportunities continue to emerge.

What's next for Generation Development Group?

Looking ahead, Generation Development Group is prioritising investment in technology, innovation, and new product development to capture further growth. The recent Ironbark alliance and Encore Advisory acquisition are set to drive significant inflows and enhance the group's advisory and investment capabilities.

Management remains confident about second-half inflows, with several contracted schemes scheduled to commence in Q3. The group will continue to focus on efficiency, strategic partnerships, and expanding its adviser and client base through FY26 and beyond.

Generation Development Group share price snapshot

Over the past 12 months, Generation Development Group share have risen 41%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 4% over the same period.

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