After opening sharply lower this morning, the ASX 200 spent the entire session in red territory. By the time the closing bell rang, the index had dropped 0.18% to finish at 9,053.8 points.

This miserable Wednesday for the local markets came after a similarly pessimistic night up on the American markets.

The Dow Jones Industrial Average Index (DJX: .DJI) couldn't hold water, dropping 0.22%.

The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) was hit far harder though, falling 1.33%.

But let's return to ASX shares now and dive into how the different ASX sectors handled today's tough trading conditions.

Winners and losers

The losers easily outnumbered the winners this Wednesday.

Leading said losers were tech stocks. The S&P/ASX 200 Information Technology Index (ASX: XIJ) had a shocker, plunging 3.15%.

Real estate investment trusts (REITs) were also hit hard, with the S&P/ASX 200 A-REIT Index (ASX: XPJ) cratering by 1.15%.

Financial shares fared a little better. The S&P/ASX 200 Financials Index (ASX: XFJ) still tanked 0.64%, though.

Consumer discretionary stocks were in a similar boat, as you can see by the S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ)'s 0.58% dive.

Gold shares weren't much of a safe haven either. The All Ordinaries Gold Index (ASX: XGD) saw its value shrink 0.18%.

We could almost say the same for broader mining stocks, with the S&P/ASX 200 Materials Index (ASX: XMJ) retreating 0.04%.

Let's turn to the winners now.

Leading the team were healthcare shares. The S&P/ASX 200 Healthcare Index (ASX: XHJ) roared 2.6% higher today.

Energy stocks also ran hot, as evidenced by the S&P/ASX 200 Energy Index (ASX: XEJ)'s 0.77% surge.

Utilities shares were a little tamer. The S&P/ASX 200 Utilities Index (ASX: XUJ) jumped 0.35% this session.

Consumer staples stocks were right behind that, with the S&P/ASX 200 Consumer Staples Index (ASX: XSJ) advancing 0.31%.

Industrial shares got out unscathed this hump day. The S&P/ASX 200 Industrials Index (ASX: XNJ) ended up lifting 0.05%.

Finally, communications stocks notched a dodge, illustrated by the S&P/ASX 200 Communication Services Index (ASX: XTJ)'s 0.04% bump.

Top 10 ASX 200 shares countdown

It was REIT Stockland Corporation Ltd (ASX: SGP) that took out today's top spot. Stockland units shot up 12.35% this Wednesday to finish at $4.55 each.

This came after the REIT reported its latest earnings, which clearly delighted the market.

Here's how the other top shares landed their planes:

Our top 10 shares countdown is a recurring end-of-day summary that shows which companies made big moves on the day. Check in at Fool.com.au after the weekday market closes to see which stocks make the countdown.

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

Many Aussies think that they need to invest millions of dollars to make it worth it. But those with more experience know that you can earn a good passive income off any-sized portfolio if it's invested wisely.

But how much dividends could you actually earn?

Let's break it down, using a $400,000 portfolio as an example.

How much could I earn off a $400,000 ASX share portfolio?

To calculate your passive income, you need to multiply your total portfolio value by your dividend yield.

The tricky part is that the answer varies widely depending on your portfolio's dividend yield.

For example, $400,000 x 3% = $12,000 per year in dividend payments.

But if you double your portfolio yield to around 6%, your passive income will be double the size too. That's because $400,000 x 6% = $24,000 per year in dividend payments. 

That's some decent passive income!

Then, as your dividend yield increases, the passive income you can earn from your $400,000 portfolio also increases.  

These figures are based on cash dividends before any tax or franking credits.

Of course, this type of money isn't going to become a primary income stream, but it'll certainly help turbocharge your wealth.

Which ASX shares could earn me $12,000 per year in dividends?

To earn an annual passive income of around $12,000, your portfolio will need to yield around 3%.

A 3% dividend yield is very achievable, and there is a huge range of high-quality ASX dividend shares that pay out around that level. 

Macquarie Group Ltd (ASX: MQG), Commonwealth Bank of Australia (ASX: CBA) and BHP Group Ltd (ASX: BHP) are all stable ASX shares that yield around 3%.

What ASX shares could help me earn around $24,000 per year in dividend payments?

To earn an annual passive income of around $24,000, your portfolio will need to yield around 6%.

This is slightly higher than the index average, but there are still plenty of options available.

I'd look at ASX shares like Origin Energy Ltd (ASX: ORG), Graincorp Ltd (ASX: GNC), or Harvey Norman Holdings Ltd (ASX: HVN), which all yield around this level.

What about if I wanted to earn $28,000 per year in dividends, or even more? Is that possible?

Yes, it's possible, although your portfolio would need to average a dividend yield of 7% or higher.

There are options around this level, but remember, the higher the yield, the more risk those ASX shares have.

For ASX shares yielding around 7%, I'd look at Orora Ltd (ASX: ORA), Atlas Arteria Ltd (ASX: ALX), and Dexus Industria REIT (ASX: DXI). Abacus Group (ASX: ABG) pays a little higher, closer to 9%.

Of course, it's important to note that, ideally, you want to build a portfolio comprising a mix of different yielding shares for diversification, rather than a portfolio of just one stock.

The post How much could a $400,000 ASX share portfolio pay in dividends? appeared first on The Motley Fool Australia.

However this week, both have rallied strongly behind positive news out of the Iran conflict and a more optimistic cash rate outlook. 

A different story in 2026

In 2026, consumer staples and consumer discretionary stocks have diverged sharply as investors have favoured defensive businesses over economically sensitive ones. 

Consumer staples companies, such as food, beverage, and household goods producers, have generally outperformed. 

This is because demand for essential products has remained resilient amid persistent economic uncertainty, geopolitical tensions and cautious consumer spending. 

Several consumer staples companies have also delivered stronger-than-expected earnings, reinforcing their appeal as stable, lower-volatility investments. 

Year to date, the S&P/ASX 200 Consumer Staples Index (ASX: XSJ) is up almost 15%. 

In contrast, consumer discretionary stocks, which depend on spending for non-essential goods and services, have struggled. 

This has come as households have become more selective with purchases and investors have reassessed the high valuations of many growth-oriented companies. 

Why the tides could be turning

The ASX 200 has risen around 2% over the past two trading sessions as investor confidence improved, driven by easing geopolitical tensions and growing expectations that Australian interest rates may remain lower for longer. 

This broad market recovery is encouraging for both the consumer staples and consumer discretionary sectors. 

A stronger share market typically reflects improving investor confidence, which can lift valuations across defensive sectors such as consumer staples while also boosting more economically sensitive consumer discretionary stocks. 

For discretionary companies in particular, lower interest rate expectations can improve household confidence and reduce borrowing costs, supporting spending on non-essential goods and services. 

These consumer staples and discretionary shares could be a buy

For investors who are anticipating a long-term rise, there are several compelling opportunities. 

Firstly, Web Travel Group Ltd (ASX: WEB) jumped 17% higher yesterday. 

The market reacted positively to its strong revenue guidance for the first half of FY27. 

Even after yesterday's massive gain, Web Travel Group shares remain down almost 30% over the last 12 months. 

The emerging tailwinds and improved investor sentiment bode well for discretionary stocks like Web Travel Group. 

Another option in the discretionary sector is Guzman y Gomez Ltd (ASX: GYG). 

It has also been heavily sold off recently and looks to be a value play as a result. 

Guzman Y Gomez shares rose almost 8% during Tuesday's session and are tipped as a buy by many experts. 

Moving to the staples sector, Elders Ltd (ASX: ELD) shares could be appealing. 

The agribusiness company saw its share price rise 4% yesterday, and is tipped to keep rising.

Finally, Graincorp Ltd (ASX: GNC) shares also rose 4% yesterday, and has been identified by the team at Bell Potter as a buy candidate. 

The post Consumer staples and discretionary shares are rallying: These stocks could be top buys appeared first on The Motley Fool Australia.

This rather indecisive session for the Australian markets came after an even nastier end to the American trading week on Friday night (our time).

The Dow Jones Industrial Average Index (DJX: .DJI) had another tough session, dropping 0.77%.

The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) fared even worse, falling a horrid 1.4%.

But let's get back to this week and our local markets, and take a closer look at what was happening across the different ASX sectors today.

Winners and losers

Tech shares were the sector that was singled out for punishment this Monday. The S&P/ASX 200 Information Technology Index (ASX: XIJ) was slammed, tumbling 1.54%.

Utilities stocks fared better, but the S&P/ASX 200 Utilities Index (ASX: XUJ) still tanked by 0.63%.

Healthcare shares were in a similar boat. The S&P/ASX 200 Healthcare Index (ASX: XHJ) saw its value dive 0.49% today.

Mining stocks weren't popular either, evident by the S&P/ASX 200 Materials Index (ASX: XMJ)'s 0.34% dip.

Gold stocks were also no safe haven. The All Ordinaries Gold Index (ASX: XGD) ended up sinking 0.23%.

Real estate investment trusts (REITs) followed right behind gold, with the S&P/ASX 200 A-REIT Index (ASX: XPJ) dipping 0.17%.

Our last losers this Monday were financial stocks. The S&P/ASX 200 Financials Index (ASX: XFJ) slipped 0.07% by the closing bell.

Let's turn to the winning sectors now. Leading the charge were energy stocks, illustrated by the S&P/ASX 200 Energy Index (ASX: XEJ)'s 1.8% surge.

Consumer staples stocks also ran hot. The S&P/ASX 200 Consumer Staples Index (ASX: XSJ) roared 0.43% higher this session.

Communications shares saw high demand too, with the S&P/ASX 200 Communication Services Index (ASX: XTJ) lifting 0.39%.

Industrial stocks came next. The S&P/ASX 200 Industrials Index (ASX: XNJ) advanced 0.16% today.

Finally, consumer discretionary shares got themselves over the line, as you can see by the S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ)'s 0.11% bump.

Top 10 ASX 200 shares countdown

Today's winner was healthcare share 4DMedical Ltd (ASX: 4DX). 4DMedical shares soared 7.19% higher this session to close at $3.43 each. This may have been a reaction to last week's announcement.

Here's the rest of today's best: 

Our top 10 shares countdown is a recurring end-of-day summary that shows which companies made big moves on the day. Check in at Fool.com.au after the weekday market closes to see which stocks make the countdown.

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

As the new financial year begins, brokers have signalled new confidence in several ASX shares.

Here are six stocks that have just been upgraded, and their 12-month share price targets. 

Paladin Energy Ltd (ASX: PDN)

The Paladin Energy share price is $9.88, down 0.6% today and up 25% over 12 months.

RBC Capital upgraded the ASX energy share to a buy rating on Tuesday. 

The broker lifted its 12-month price target from $11 to $13.50.

This implies a potential 37% upside ahead.

Graincorp Ltd (ASX: GNC)

The Graincorp share price is $4.83, down 0.6% today, and down 36% over 12 months.

Bell Potter upgraded the ASX 200 consumer staples share to a buy rating on Wednesday.

The broker increased its price target from $5.20 to $5.90.

This implies potential capital growth of 22% over the next year.

Karoon Energy Ltd (ASX: KAR)

The Karoon Energy share price is $1.36, down 4.6% today and down 30% over 12 months. 

Morgans upgraded the ASX energy share to a buy rating on Tuesday.

The broker trimmed its 12-month price target from $1.90 to $1.77.

This implies a potential 30% upside ahead.

The broker said: 

The last 30 days have been the toughest part of the rollercoaster, with KAR's share price -36% on an initial Middle East peace agreement and guidance downgrade.

The start to 2026 was always going to be a tough period for KAR: a) heavy H1 investment spend, b) key Bauna well restart (SPS-92) and c) conflict uncertainty.

Now at the end of H1, the first two of those three factors have been resolved, with KAR moving back into positive FCF generation with most of its 2026 capex now sunk.

KAR also announced the next phase of its on-market buyback starting in July 2026. 

Stockland Corporation Ltd (ASX: SGP)

The Stockland share price is $4.04, down 0.5% today and down 28% over 12 months. 

Citi upgraded the ASX 200 real estate share to a buy rating on Tuesday.  

The broker bumped up its 12-month target from $4.30 to $5.10.

This suggests a potential 26% upside ahead.

DigiCo Infrastructure REIT (ASX: DGT)

The DigiCo share price is $2.50, down 2% today and down 23% over 12 months. 

Jefferies upgraded the ASX real estate investment trust (REIT) to a buy rating with an improved $3 target. 

This implies a potential 20% upside ahead.

Boss Energy Ltd (ASX: BOE)

The Boss Energy share price is $1.18, up 1.7% today and down 74% over 12 months. 

RBC Capital upgraded this ASX uranium share to a hold rating on Tuesday. 

The broker raised its 12-month price target from $1.10 to $1.30. 

This suggest a potential 10% upside ahead.

The post 6 ASX shares upgraded by experts this week appeared first on The Motley Fool Australia.

Here are six stocks that have strong 12-month growth ahead of them, according to market analysts.

CSL Ltd (ASX: CSL)

The CSL share price closed at $107.51 on Friday, up 0.3%.

The ASX 200 healthcare share jumped 9.8% last week while its peers in the S&P/ASX 200 Health Care Index (ASX: XHJ) rose 3.3%.

The CSL share price has cratered over the past two years, but many experts maintain a positive view on the former blue-chip.

There is a consensus moderate buy rating on CSL shares among 18 analysts on the Commsec trading platform today.

UBS renewed its buy rating on CSL shares with a 12-month price target of $158 last week.

This suggests potential capital gains of 47% ahead.

Waratah Minerals Ltd (ASX: WTM)

The Waratah Minerals share price closed out the week at 61 cents, down 1.6% on Friday.

Bell Potter reiterated its speculative buy rating after Waratah Minerals released new assay results last week.

The explorer is conducting an 80,000-metre drill program at its Spur Gold and Copper Project in NSW.

Bell Potter said:

The Spur project is showing strong indications of delivering a gold-copper deposit of substantial scale and grade in a strategic setting.

We see potential for the delineation of a regionally significant gold Resource of 2.5-3.0Moz at competitive gold grades between 0.8-1.0g/t Au.

The broker has an unchanged price target of $1.05, which indicates a potential 73% upside ahead.

Deep Yellow Ltd (ASX: DYL)

The Deep Yellow share price finished Friday's session at $1.42, up 4%.

Jefferies upgraded this ASX uranium share to a buy rating last week.

The broker has a target of $1.90, which implies 34% upside from here.

Graincorp Ltd (ASX: GNC)

The Graincorp share price closed at $5.18 on Friday, up 1.2%.

Ord Minnett has a buy rating and a $7.25 target on the ASX 200 consumer staples share.

This suggests potential capital growth of 40% ahead.

The broker said:

The FY27 crop is likely to be smaller than FY26, but it is now unlikely to be the disaster it was shaping up to be. In Ord Minnett's view, this makes the 21% retracement in the GrainCorp share price since 14 May seem like a significant overreaction. 

South32 Ltd (ASX: S32)

The South32 share price closed out the week at $4.52, up 3.4% on Friday.

Citi has reaffirmed its buy rating on this ASX 200 mining share.

Analyst Ephrem Ravi has a price target of $6.10.

This implies a potential 35% upside ahead.

Judo Capital Holdings Ltd (ASX: JDO)

The Judo share price finished Friday's session at $1.44, up 1.4%.

Morgans renewed its buy call on the ASX bank share with a $2.15 price target.

This implies a potential 50% upside over the next 12 months.

The post 6 ASX shares with 35% to 75% growth ahead of them: experts appeared first on The Motley Fool Australia.

This follows US President Donald Trump claiming a peace agreement with Iran could be reached this weekend.

Meanwhile, brokers have indicated new confidence in several ASX 200 shares.

Let's check them out.

Deep Yellow Ltd (ASX: DYL)

The Deep Yellow share price is $1.41, up 3.3% today.

Over the past month, this ASX 200 uranium share has fallen 22%.

Jefferies upgraded Deep Yellow shares to a buy rating on Monday.

The broker has a 12-month price target of $1.90.

This suggests a potential 35% upside ahead.

TPG Telecom Ltd (ASX: TPG)

The TPG share price is $3.70, down 0.1% today.

Over the past month, this ASX 200 telecommunications share has fallen 9%.

JP Morgan upgraded TPG Telecom shares to a hold rating this week.

The broker has a 12-month price target of $3.70.

This implies the stock is fully priced.

Graincorp Ltd (ASX: GNC)

The Graincorp share price is $5.20, up 1.6% today.

Over the past month, this ASX 200 consumer staples share has dropped 15%.

Ord Minnett upgraded Graincorp shares from an accumulate to buy rating this week.

The broker said:

We note that at the first-half FY26 results release on 14 May, there were growing concerns for the FY27 crop due to significant areas of northern NSW and Queensland not having sufficient soil moisture profiles to plant and a weather forecast suggesting a dry winter and the chance of El Nino.

Relieving rains of the past two weeks, however, have washed away these fears.‍ The FY27 crop is likely to be smaller than FY26, but it is now unlikely to be the disaster it was shaping up to be.

In Ord Minnett's view, this makes the 21% retracement in the GrainCorp share price since 14 May seem like a significant overreaction.

The broker has a 12-month price target of $7.25 on Graincorp shares.

This suggests a potential capital gain of almost 40% over the next year.

Vysarn Ltd (ASX: VYS)

The Vysarn share price is 98 cents, down 0.5% today.

Vysarn delivers production services to the resources, utilities, and construction sectors.

Morgans upgraded this ASX materials small-cap share after Vysarn announced an acquisition.

The broker lifted its rating from speculative buy to buy.

It also raised its target price from 90 cents to $1.10.

This implies a potential 12% upside ahead.

Morgans said:

VYS is acquiring NewGround, adding highly accretive (~25% EPS) annuity-style earnings that, alongside greater customer-base diversification in the industrial division, materially increases earnings visibility.

The limited upfront cash component of $8.3m preserves balance sheet flexibility, providing further capacity to continue building out its integrated water-services platform via acquisitions.

Incorporating NewGround from early October, we raise our EPS forecasts in FY27 and FY28 by +19 and +24% respectively.

Reflecting the improvement in earnings quality and reduced volatility, we upgrade VYS from Speculative Buy to Buy.

While the Kariyarra asset management business carries a binary outcome, at the current share price, investors are getting this optionality for free.

The post 4 ASX shares upgraded by brokers this week appeared first on The Motley Fool Australia.

The All Ords is currently down 1.4% to 8,730 points, a near 3-week low.

Strong jobs data released last week put fear into the US market that inflation and interest rates may go up this year.

The Nasdaq Composite Index (NASDAQ: .IXIC) fell 1,121 points or 4.2% on Friday and regained just 0.9% overnight.

Friday's dramatic decline was the Nasdaq's biggest daily fall in more than a year.

The S&P 500 Index (SP: .INX) fell 200 points or 2.6% on Friday and recovered 0.3% overnight.

Meanwhile, let's take a look at some new notes from Ord Minnett.

The broker has a buy rating on these 3 ASX All Ords shares.

Here's why.

Graincorp Ltd (ASX: GNC)

The Graincorp share price is $5.06, down 1.2% today and down 40% over six months.

Ord Minnett upgraded this ASX All Ords consumer staples share from an accumulate to buy rating.

The broker explained:

Grain-growing areas serviced by GrainCorp have received relieving rain in the past two weeks, which will now underwrite an FY27 winter crop.

We note that at the first-half FY26 results release on 14 May, there were growing concerns for the FY27 crop due to significant areas of northern NSW and Queensland not having sufficient soil moisture profiles to plant and a weather forecast suggesting a dry winter and the chance of El Nino.

Relieving rains of the past two weeks, however, have washed away these fears.‍ The FY27 crop is likely to be smaller than FY26, but it is now unlikely to be the disaster it was shaping up to be.

In Ord Minnett's view, this makes the 21% retracement in the GrainCorp share price since 14 May seem like a significant overreaction.

The broker has a 12-month price target of $7.25, suggesting a potential capital gain of 43% over the next year.

Judo Capital Holdings Ltd (ASX: JDO)

The Judo share price is $1.39, down 2.8% today and down 19% over six months.

Ord Minnett renewed its buy rating on the ASX All Ords bank share with a $2.40 price target.

This implies potential capital growth of 72% over the next year.

In its new note, Ord Minnett said:

Judo is highly exposed to broader macroeconomic conditions and its performance will be more volatile than most of its larger rivals.

It is thus strongly leveraged to any Middle East war resolution and a return to calmer energy markets that had potentially threatened the asset quality of its SME loan book.

We forecast a compound annual growth rate (CAGR) for EPS of 40% and view Judo as an appealing investment option on a medium-term outlook. 

Shape Australia Corp Ltd (ASX: SHA)

Shape Australia is a fit-out and construction services company operating in the commercial property sector.

The Shape Australia share price is $6.51, down 3.8% today and up 8.7% over six months.

Ord Minnett kept its buy recommendation in place for this ASX All Ords industrials share.

The broker explained:

SHAPE has announced the acquisition of Australian Professional Shopfitters (APS) for an upfront consideration of $20.4 million, comprising $17.4 million cash and $3.0 million in Shape scrip, with a potential earnout of $9.0 million over the next two years.

APS operates on an EBITDA margin of ~16% and as such, represents yet another acquisition that bolsters SHAPE's margin story.

The broker raised its price target from $8.50 to $8.85.

This implies 36% upside over the next 12 months.

The post Broker names 3 ASX All Ords shares to buy appeared first on The Motley Fool Australia.

Data shows 124 ASX 200 companies are in the red today.

This includes a hefty 3.7% share price decline for the market's largest listed company, BHP Group Ltd (ASX: BHP).

Meanwhile, several brokers have lifted their ratings on select ASX shares this week.

Let's take a look.

Endeavour Group Ltd (ASX: EDV)

The Endeavour share price is $2.98, up 3.7% today and down 19% in the calendar year to date (YTD).

Last week, Endeavour unveiled a strategy involving $300 million in cost savings by FY29, including $100 million in FY27.

The group wants to strengthen Dan Murphy's price leadership, modernise BWS' digital experience, and lift its hotels performance. 

Endeavour will divest non-core assets, including most of its winery and vineyard portfolio.

The group also lowered its dividend payout ratio to a range of 50% to 75% of underlying net profit after tax (NPAT).

Citi upgraded the ASX 200 consumer discretionary share to a buy rating on Wednesday.

However, the broker reduced its 12-month price target from $3.45 to $3.25.

This still implies a potential near-10% upside ahead.

BHP Group Ltd (ASX: BHP)

The BHP Group share price is $62.51, down 3.7% today, and up 40% over six months.

Germany's DZ Bank AG upgraded the ASX 200 mining share to a hold rating this week.

DZ Bank has a $65 price target on BHP shares.

This suggests that only 4% upside is left for the next 12 months.

Graincorp Ltd (ASX: GNC)

The Graincorp share price is $5.09, up 2% today, and down 38% over six months.

Jarden upgraded the ASX 200 consumer staples share to a hold rating on Tuesday.

The broker lowered its price target from $5.50 to $5.40.

This implies potential capital growth of 6% over the next year.

Dicker Data Ltd (ASX: DDR)

The Dicker Data share price is $11.16, down 1.4% today.

Over the past month, this ASX 200 technology share has lifted 22%.

Morgan Stanley upgraded Dicker Data shares to a buy rating this week.

The broker raised its 12-month price target from $10.30 to $11.

This implies the tech stock is fully valued today.

Nufarm Ltd (ASX: NUF) 

The Nufarm share price is $2.87, up 0.7% on Thursday and up 24% YTD.

UBS upgraded the chemical and seed technology company to a buy rating this week.

Following Nufarm's FY25 results, the broker lifted its target on the ASX 200 agriculture share from $2.80 to $3.50.

This suggests a 22% upside is on the way.

Sims Ltd (ASX: SGM)

The Sims share price is $27.68, down 2.5% today and up 52% YTD.

Morgan Stanley upgraded Sims shares to a hold rating on Monday.

The broker has a $24 target, implying a 13% downside over the next 12 months.

Tabcorp Holdings Ltd (ASX: TAH)

The Tabcorp share price is 80 cents, down 0.6% today and down 32% over the past month.

Morgans upgraded the ASX 200 consumer discretionary share to a buy rating this week.

The broker said:

Following the announcement of AUSTRAC's investigation this month, the TAH share price has fallen approximately 37%.

While we expect the investigation to remain an overhang for the foreseeable future, at these levels the stock appears materially undervalued.

Current trading conditions remain supportive in our view and position the company well for a strong upcoming result, despite inherent uncertainty surrounding the scope of the investigation and the quantum of potential penalties.

Morgans has a share price target of $1.07, implying 34% potential capital growth ahead.

The post 7 ASX shares attracting upgraded ratings this week appeared first on The Motley Fool Australia.

Since the start of the year, the ASX 200 stock has lost almost a third of its value.

Is this a buying opportunity for investors? Let's see what analysts at Bell Potter are saying about the grain exporter's shares following their decline.

What is the broker saying?

Bell Potter notes that recent industry data has been released and it isn't looking favourable for GrainCorp. It said:

The ABARE Jun'26 east coast crop forecast implies a -27% YoY contraction in the east coast winter crop and a -19% YoY contraction in the southeastern canola crop.

Winter East coast crop forecast: ABARE has issued a June 2026-27 east coast winter crop forecast of 23.8mt (vs. 27.2mt in the pcp and a R5YA of 24.2mt). The forecast is predicated on an acreage forecast of 10,370mHa (vs. Jun'24 of 12.0mHa and R5YA of 11.5mHa) and a yield forecast of 2.29t/Ha (vs. Jun'25 of 2.3t/Ha). The acreage forecast is a 7yr low and the yield projection is broadly comparable with the outcome experienced in similar years when the acreage was in the 10,000- 11,000mHa range.

However, the broker highlights that this crop forecast is notoriously unreliable. It explains:

The June forecast is historically the least accurate, on average it has underestimated the final crop size by ~5% over FY11-25 and in the past 5years has underestimated the final crop outcome by ~19%.

Nevertheless, it has still reduced its profit expectations. The broker adds:

NPAT changes are -1% in FY26e and -15% in FY27e reflecting lower crop receipts and lower canola crush volumes, offset in part by stronger crush margins. Our target price is $5.20ps (prev. $5.90ps) reflecting a view that with a drier bias GNC is likely to trade at a discounted multiple.

Is this ASX 200 stock a buy, hold, or sell?

According to the note, Bell Potter has retained its hold rating on GrainCorp's shares with a reduced price target of $5.20.

This is only marginally higher than the current share price of $5.05.

Commenting on its investment thesis, Bell Potter said:

In the June report we noted a seven year low in east coast winter crop acreage sown and a seven year low in southeastern (VIC/NSW/SA) canola production. Key months are now the August-September window, which are crucial for yield development in a potentially dryer backdrop.

The post Down 30%: Does Bell Potter rate this ASX 200 stock as a buy, hold, or sell? appeared first on The Motley Fool Australia.

Will the market be able to bounce back from this on Wednesday? Here are five things to watch:

ASX 200 to rise

The Australian share market looks set for a better day on Wednesday following a positive night on Wall Street. According to the latest SPI futures, the ASX 200 is expected to open the day 37 points or 0.4% higher. In the United States, the Dow Jones rose 0.45%, but the S&P 500 rose 0.15% and the Nasdaq edged slightly higher.

Oil prices rise

ASX 200 energy shares including Beach Energy Ltd (ASX: BPT) and Santos Ltd (ASX: STO) could have a good session after oil prices pushed higher overnight. According to Bloomberg, the WTI crude oil price is up 1.5% to US$93.54 a barrel and the Brent crude oil price is up 0.9% to US$95.87 a barrel. This has been driven by concerns over rising tensions between the US and Iran.

Buy 4D Medical shares

Bell Potter remains bullish on 4DMedical Ltd (ASX: 4DX) shares. This morning, the broker has retained its speculative buy rating on the medical technology company's shares with an improved price target of $6.00 (from $4.85). It said: "The clinical data from the CLEAR study will provide the necessary evidence to further support broad adoption for diagnosis of PE [Pulmonary Embolism]. Outpatient reimbursement will continue under the existing category III CPTA codes paid at US$650/scan. TAM for this market is estimated at $2.5bn annually."

Gold price rises

ASX 200 gold shares Newmont Corporation (ASX: NEM) and Northern Star Resources Ltd (ASX: NST) could have a decent session on Wednesday after the gold price rose overnight. According to CNBC, the gold futures price is up 0.3% to US$4,519.2 an ounce. Traders appear to believe the precious metal has been oversold.

Hold Graincorp shares

Bell Potter thinks Graincorp Ltd (ASX: GNC) shares are fully valued. This morning, the broker has retained its hold rating on the grain exporter's shares with a reduced price target of $5.20 (from $5.90). It said: "In the June report we noted a seven year low in east coast winter crop acreage sown and a seven year low in southeastern (VIC/NSW/SA) canola production. Key months are now the August-September window, which are crucial for yield development in a potentially dryer backdrop."

The post 5 things to watch on the ASX 200 on Wednesday appeared first on The Motley Fool Australia.

While the world waits for further news, the global oil shock continues to cause direct economic ramifications worldwide.

The conflict between the US and Israel against Iran has resulted in the effective closure of the Strait of Hormuz.

That's a key global shipping channel through which about 20% of the world's oil and gas supply is transported.

We are now in the third month of the conflict, which has exacerbated already resurgent inflation in Australia.

Despite today's recovery, ASX 200 shares remain just inside the red for 2026 so far.

Experts say some stocks have strong potential upside ahead, despite the impact of the war.

Here is a selection of them.

Web Travel Group Ltd (ASX: WEB)

The Web Travel share price is $2.71, up 6.5% today.

This ASX 200 travel share is down 44% in the calendar year to date (YTD).

In a new note this week, Morgans gave Web Travel shares a buy rating with a price target of $3.75.

This suggests 38% capital growth over the next 12 months.

The broker said:

Given the Middle East conflict affected trading in March, WEB's FY26 result came in at the lower end of guidance, albeit better than consensus, proving its resilience.

Unsurprisingly, WEB's FY27 update showed that trading has slowed materially given the conflict. Adverse FX has been another headwind.

Given the uncertainty, WEB did not provide any formal FY27 earnings guidance.

We have made significant downgrades to our forecasts. We assume that the conflict and a subdued consumer environment impacts WEB's 1H27 (seasonally stronger half), followed by a recovery in the 2H27.

After material share price weakness, we upgrade WEB to a BUY rating. The company is worth materially more than the current share price.

We know from past economic and geopolitical events, that after a downturn, travel demand rebounds and so will its earnings and share price.

Graincorp Ltd (ASX: GNC)

The Graincorp share price is $5.04, up 2.3% today.

This ASX 200 consumer staples share has tumbled 30% YTD.

Canaccord Genuity has a buy rating with a $6.88 target.

This implies potential capital growth of 37% over the next year.

Nexgen Energy (Canada) CDI (ASX: NXG)

Nexgen shares are $15.86, up 2.9% today.

The ASX 200 uranium share has lifted 10.9% YTD.

In light of the Iran war, energy security is a hot topic these days.

Nations are highly motivated to develop new domestic energy supplies, and modern nuclear reactors are one way to do it.

This trend bodes well for ASX 200 uranium shares like Nexgen.

UBS has a buy rating on Nexgen shares with a $21 target.

This indicates a potential 32% upside ahead.

Charter Hall Group (ASX: CHC)

The Charter Hall share price is $20.33, up 4.5% today.

This ASX 200 real estate investment trust (REIT) has declined 16.8% YTD.

Morgan Stanley has a buy rating with a price target of $26.89.

This implies a potential 32% upside ahead.

The post 4 ASX 200 shares tipped to rise 30% or more in the year ahead appeared first on The Motley Fool Australia.

Rabobank, which is a specialist agribusiness bank, says producers face mixed weather conditions and significantly higher input costs.

It estimates Australia's winter cropping area will be 23.1 million hectares, down 8% on last year and 4.3% below the five-year average.

The Australian RaboResearch team predicts wheat cropping will fall 20.4% to 9.8 million hectares this season.

However, barley, canola and pulse plantings are forecast to increase.

Report author, Vitor Pistoia, a senior grains and oilseeds analyst at RaboResearch, said:

Australia enters the 2026/27 winter cropping season with a more uneven and weather-dependent cropping area than in recent years.

The season is opening with a clear geographic split across Australia's cropping regions.

Conditions on the northern east coast, particularly in southern Queensland and northern New South Wales, have been dry through summer and early autumn, leaving limited topsoil moisture and delaying sowing.

Pistoia said lower rainfall was likely amid the high risk of a shift towards El Nino conditions this season.

He added that higher costs, particularly for fertiliser and diesel due to the Iran war, were influencing farmers' decisions this winter.

These higher costs are encouraging shifts towards lower-input crops and contributing to a reduction in total cropping area.

Let's take a look at experts' ratings on three ASX agriculture shares.

Australian Agricultural Company Ltd (ASX: AAC)

Australian Agricultural Company shares have fallen 9.5% over the past 12 months.

Last week, Australian Agricultural Company reported a record operating profit of $71.6 million for FY26, up 23% year-over-year.

After reviewing the numbers, Bell Potter kept its buy rating in place on the ASX agriculture share.

The broker said:

AAC delivered a record operating performance that was understated, due to the inclusion of $9m in flood related costs.

While costs are currently experiencing inflationary pressure (grain and oil), continued strong pricing in core offshore markets, uplifts in grainfed cattle capacity (FY27-28e sales program) and a larger herd are reason for optimism in future periods.

Bell Potter reduced its 12-month price target from $1.95 to $1.85, implying a 43% potential upside from here.

Graincorp Ltd (ASX: GNC)

The Graincorp share price has tumbled 32% over the past 12 months.

After reviewing the company's 1H FY26 results, Morgans downgraded the ASX agriculture share to a hold rating.

The broker commented:

GNC's 1H26 result was weak but broadly in line with consensus at the NPAT level.

GNC reported a significantly larger than expected cash outflow and its core cash position was also lower than expected.

The era of special dividends now appears to be over. GNC reiterated its FY26 earnings guidance.

The outlook for the FY27 winter crop is one of caution given grain grower's cost pressures and the BOM's dry outlook.

GNC's strategic assets are worth materially more than its current share price. However, given earnings look set to decline again in FY27, the stock is lacking share price catalysts, and we move to a HOLD recommendation.

The broker has a $5.62 price target, which still implies a potential 11% upside ahead.

Ricegrowers Ltd (ASX: SGLLV)

The Ricegrowers share price has lifted 11% over 12 months.

On The Bull, Mark Elzayed from Investor Pulse said the Sunrice brand owner had benefited from elevated rice prices and strong export demand.

However, he has a sell rating on this ASX agriculture share.

Elzayed explained: 

… we believe much of the good news is already reflected in the share price of this global group.

Moving forward, we expect earnings growth to moderate as global rice supplies normalise amid what we consider to be elevated input costs.

The company is up against strong competition in several markets.

Margins also face pressure from freight and currency volatility, potentially limiting near term upside.

The post Buy, hold, sell: Australian Agricultural Company, Graincorp, Ricegrowers shares appeared first on The Motley Fool Australia.

After kicking off the trading week on a positive note yesterday, investors couldn't keep up the momentum, with the index opening in the red this morning and staying that way all session. By the time the markets closed up shop, the ASX 200 had lost 0.39% and finished up at 8,657.8 points.

The US markets were closed for the Memorial Day public holiday last night, so the small gains we saw 'Stateside last Friday are still holding.

So, without further ado, it's now time to take stock of how the various ASX sectors fared amid today's frosty trading conditions.

Winners and losers

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

This is the second time in a month that the defensive sector has led the market.

Meanwhile, the benchmark S&P/ASX 200 Index (ASX: XJO) edged 0.3% higher to finish the week at 8,657 points.

The market whipsawed last week as the war in Iran dragged on and depressing economic data was released.

US President Donald Trump said he called off strikes on Iran after Persian Gulf leaders assured him of an acceptable deal in the works.

However, on Friday, reports emerged of Iran and Oman working together to create a permanent toll system for the Strait of Hormuz.

The Strait, through which about a fifth of the world's oil and gas is shipped, runs between the two nations and remains effectively closed.

Meanwhile in Australia, the market was surprised by a fall in employment in April that pushed the unemployment rate up to 4.5%.

Additionally, the latest monthly consumer sentiment index rose just 3.5% off the extreme low recorded last month.

Matthew Hassan, Head of Australian Macro-Forecasting at Westpac Banking Corp (ASX: WBC), commented:

… consumers remain deeply pessimistic.

Forward views are clearly still being weighed down by uncertainty around global energy supply with the Strait of Hormuz still effectively shut.

However, rate rise fears are also in the mix.

Fierce debate also broke out last week over how proposed capital gains tax (CGT) changes may disincentivise start-ups in Australia.

Amid volatile trading conditions, ASX 200 investors upped their exposure to defensive consumer staples shares.

Let's take a look at the impact.

Consumer staples shares led the ASX sectors last week

The Woolworths Group Ltd (ASX: WOW) share price rose 5.15% to finish at $34.68 per share on Friday.

The Coles Group Ltd (ASX: COL) share price rose 3.17% to $21.47.

IGA network owner Metcash Ltd (ASX: MTS) lifted 3.39% to $3.05 per share.

Endeavour Group Ltd (ASX: EDV) shares fell 0.65% to $3.08.

The A2 Milk Company Ltd (ASX: A2M) share price tumbled 7.67% to $5.66.

ASX 200 wine share Treasury Wine Estates Ltd (ASX: TWE) increased 5.88% to $4.50.

The Bega Cheese Ltd (ASX: BGA) share price rose 0.37% to $5.39.

Almond food producer Select Harvests Ltd (ASX: SHV) ascended 6.65% to $3.85 per share.

ASX 200 agricultural share Graincorp Ltd (ASX: GNC) decreased 8.64% to $4.76.

Elders Ltd (ASX: ELD) shares tanked 18.33% to $5.88 after the company released its 1H FY26 numbers last week.

The Australian Agricultural Company Ltd (ASX: AAC) share price rose 2.27% to $1.35.

ASX 200 market sector snapshot

Here's how the 11 market sectors stacked up last week, according to CommSec data.

Over the five trading days:

The post ASX 200 consumer staples shares outperformed again last week appeared first on The Motley Fool Australia.

Among the 11 market sectors, materials is in the lead today, up 1%, while utilities is the laggard, down 1%.

Let's take a look at some stocks that have received renewed buy recommendations from the experts this week.

Tuas Ltd (ASX: TUA)

The Tuas share price is $2.27, down 1.7% today.

The ASX 200 telco share is down 63% since news dropped that the company has allegedly been using spectrum it doesn't own.

Morgan Stanley kept its buy rating on Tuas shares with a $10 target this week.

This implies a massive potential capital gain of 325% over the next year.

Dalrymple Bay Infrastructure Ltd (ASX: DBI)

The Dalrymple Bay Infrastructure share price is $5.60, down 0.8% today.

Over the past six months, this ASX 200 industrial share has leapt 25%.

Citi reaffirmed its buy rating and raised its 12-month target from $5.75 to $6.10 on Thursday.

This suggests a potential 8% upside ahead.

Graincorp Ltd (ASX: GNC)

The Graincorp share price is $4.75, up 0.9% today.

This ASX 200 agribusiness share has tumbled 45% over six months.

Canaccord Genuity renewed its buy rating with a $6.88 target on Monday.

This implies potential capital growth of 45% over the next year.

Megaport Ltd (ASX: MP1)

The Megaport share price is $12.98, up 1.2% today.

Over the past month, this ASX 200 technology share has ripped 48% higher.

Morgans renewed its buy rating and raised its target from $13.50 to $15.50 this week.

This suggests a potential 19% upside ahead.

The broker commented:

MP1 has announced a series of large contract wins which are financially and strategically significant.

MP1 will use its globally unique communications platform to connect servers and GPU clusters in numerous DCs across the US.

DC power constraints are a growing issue and MP1 was uniquely able to stitch together multiple sites to provide consolidated inference solutions.

Electro Optic Systems Holdings Ltd (ASX: EOS)

The Electro Optic Systems share price is $8.98, up 12% on Friday.

Over the past month, this ASX 200 defence share has fallen 16%.

Canaccord Genuity renewed its buy rating and raised its target from $12.50 to $14 this week.

This suggests a potential 24% upside ahead.

Charter Hall Group (ASX: CHC)

The Charter Hall share price is $19.35, up 0.5% today.

This real estate investment trust (REIT) has declined 21% over the year to date.

Morgan Stanley reiterated its buy rating with a price target of $26.89 on Monday.

This implies a potential near-40% upside ahead.

James Hardie Industries plc (ASX: JHX)

The James Hardie share price is $29.10, up 4% today.

This building materials supplier is the largest non-mining company in the ASX 200 materials sector.

James Hardie shares have fallen 19% over 12 months.

This week, James Hardie released its FY26 results.

Amid subdued construction activity, broker Morgans said FY26 could be "chalked up as a transformational but financially dilutive year, while FY27 is about margin and cash-recovery driven by synergies rather than any improvement in the housing market".

Morgans reiterated its buy rating with a price target of $39.

This implies potential capital gains of 34% ahead.

The post 7 ASX shares with strengthened buy ratings this week appeared first on The Motley Fool Australia.

Three such companies hitting new yearly lows were: 

• Black Pearl Group Ltd (ASX: BPG) fell 9%
• Tamawood (ASX: TWD) fell 5% 
• GrainCorp (ASX: GNC) fell 0.4%

While holders of these shares will undoubtedly be worried about further drops, there is some upside potential according to experts. 

Here's the latest guidance on these ASX shares hitting 52-week lows. 

Black Pearl Group

Black Pearl Group is a newly listed ASX small-cap stock. 

It is a data technology platform that develops and operates a lead prospecting and marketing product suite via its proprietary Pearl Engine platform and augmented large language model developed by BPG in 2022. 

The company transforms anonymous, unstructured web visits and data layers into identifiable prospects to significantly increase efficacy for SME ad/marketing spend by targeting prospects with a high intent to buy.

Since its initial listing, it has experienced some volatility and now sits at an all-time low of 50 cents per share. 

The combination of its small market cap and short life on the ASX can make it difficult to pinpoint fair value for prospective investors. 

However the team at Bell Potter are optimistic there are brighter days ahead. 

The broker has a speculative buy recommendation, and price target of $1.76. 

This implies a 250% upside from yesterday's closing price. 

GrainCorp

GrainCorp is an agribusiness and processing company with a history spanning more than 100 years. The company operates the largest grain storage and logistics network in eastern Australia.

Its share price has fallen 34% in 2026 and hit fresh 52-week lows yesterday. 

Much of this decline came after its half-year results released earlier this month. 

GrainCorp reported underlying EBITDA of $136 million for the six months to 31 March 2026, down 33% from $202 million in the prior corresponding period.

Underlying net profit after tax fell 52% to $33 million. 

After such a sell-off in such a short period, investors may now be circling for a value play. 

However the team at Morgans is not certain of a rebound any time soon. 

The broker has a hold rating with a $5.62 price target.

GrainCorp shares closed yesterday at $4.71 per share. 

Tamawood

Tamawood engages in the design and construction of residential buildings. It deals with contract home construction, home design, and other associated activities in Australia.

It has fallen significantly over the last two weeks since the company announced its updated dividend of 11 cents per share. 

Since then, it has fallen over 15%, which included 5% yesterday. 

This stock could be in danger of falling further, as shrinking profit margins, a potentially unsustainably high dividend payout, and weak sentiment toward Australia's housing and construction sector are all headwinds for the company right now. 

The post Which of these shares hitting 52-week lows can bounce back? appeared first on The Motley Fool Australia.

The agribusiness and grain handling giant saw its shares crash on Thursday following the release of its half-year results, extending its year-to-date decline.

The stock now sits well below where it traded this time last year.

So what went wrong, and is the damage done?

What the numbers showed

GrainCorp reported underlying EBITDA of $136 million for the six months to 31 March 2026, down 33% from $202 million in the prior corresponding period.

Underlying net profit after tax fell 52% to $33 million, while reported NPAT collapsed to just $5 million.

The Agribusiness division saw EBITDA drop 26% to $104 million, reflecting weaker conditions on Australia's east coast.

Total grain handled came in at 26.5 million tonnes, down from 29.5 million tonnes a year ago, as a lower carry-in position and reduced grower selling activity weighed heavily on volumes and pushed export margins to multi-year lows.

The Nutrition and Energy segment also disappointed, with a $12 million EBITDA timing impact from derivative mark-to-markets dragging on the result, though management expects that to unwind in the second half.

What management said

GrainCorp CEO Robert Spurway did not sugarcoat the result.

He said:

GrainCorp's 1H26 result reflects a disciplined performance in a challenging global grain market. Oversupply of grain and associated low pricing have compressed margins across the supply chain and reduced grower selling activity, limiting available volumes and increasing competition for grain brought to market. Against this backdrop, we are tightly focused on cost management, capital discipline and portfolio optimisation.

On a more positive note, Spurway confirmed minimal impact from the Middle East conflict, stating:

We have experienced minimal impact from the Middle East conflict to date, with our supply chain continuing to operate as normal.

What brokers think

Neither Bell Potter nor Morgans saw the result as a buying opportunity.

Bell Potter retained its hold rating and cut its price target to $5.90 from $6.80, warning that global production forecasts for 2026/27 remain elevated at around 2% above the five-year average, suggesting grain trading margins will stay tight.

Morgans also downgraded GrainCorp to a hold with a $5.62 price target, noting:

GNC's 1H26 result was weak but broadly in line with consensus at the NPAT level. The era of special dividends now appears to be over.

Is there any good news?

GrainCorp reaffirmed its FY2026 earnings guidance of underlying EBITDA between $200 million and $240 million and underlying NPAT between $20 million and $50 million, implying a significantly stronger second half.

The board also declared a fully franked interim ordinary dividend of 14 cents per share, payable on 16 July 2026.

The balance sheet remains solid, with a core cash position of $163 million and an ongoing share buyback program that has deployed $38 million of its $75 million authorisation to date.

Weather across east coast Australia has been broadly supportive for the upcoming winter crop, with favourable soil moisture conditions across Victoria and southern New South Wales.

Foolish takeaway

GrainCorp is a cyclical business and this is clearly a down cycle.

With global grain oversupply showing little sign of easing and both major brokers sitting on hold ratings, investors may want to be patient.

However, patient investors with a contrarian mindset may see value at current prices for Graincorp shares.

The post Why GrainCorp shares sank 15% last week and what it means for investors appeared first on The Motley Fool Australia.

To narrow things down, let's see if Morgans rates these shares as buys, holds, or sells this week.

Here's what the broker is saying about them:

Graincorp Ltd (ASX: GNC)

This grain exporter's half-year results disappointed due to a weak performance from the Nutrition & Energy business.

And with concerns over its outlook, Morgans has downgraded GrainCorp's shares to a hold rating with a $5.62 price target. It explains:

GNC's 1H26 result was weak but broadly in line with consensus at the NPAT level. Business unit performance was stronger for Agribusiness but materially weaker for Nutrition & Energy given a one-off derivate [sic] timing issue. GNC reported a significantly larger than expected cash outflow and its core cash position was also lower than expected. The era of special dividends now appears to be over. GNC reiterated its FY26 earnings guidance.

The outlook for the FY27 winter crop is one of caution given grain grower's cost pressures and the BOM's dry outlook. We have downgraded our forecasts for a much smaller crop. GNC's strategic assets are worth materially more than its current share price. However, given earnings look set to decline again in FY27, the stock is lacking share price catalysts, and we move to a HOLD recommendation.

Treasury Wine Estates Ltd (ASX: TWE)

This wine giant's shares could be undervalued according to Morgans.

In response to significant share price weakness and an improving outlook, the broker has upgraded Treasury Wine shares to a buy rating. It commented:

We see TWE's Investor Day on 4 June as a key share price catalyst. At this event, the company intends to share its detailed plans and targets for its portfolio and operating model to support a future state TWE. TWE's recent trading update was positive with strong depletion growth, highlighting the strength of its brands. It also has the support of its banks with new debt commitments secured.

2H26 EBITS is on track to be higher than the 1H26. Following material share price weakness, given its low trading multiples and our belief that new management can deliver more acceptable returns overtime, we upgrade to a BUY recommendation.

Xero Ltd (ASX: XRO)

Finally, Morgans was impressed with Xero's FY 2026 results and its outlook for FY 2027.

It notes that the company's earnings momentum continues to improve relative to consensus expectations.

As a result, it has retained its buy rating on Xero shares with an $111.00 price target. It said:

XRO reported a better-than-expected FY26 result and FY27 outlook. Earnings momentum continues to improve relative to consensus expectations. Management were confident enough to announce a buy-back and hint at potential capital management in FY28. However, investors didn't take comfort with commentary around AI disruption risk versus reward.

Management has a plan to maximise the opportunity set (TAM) ahead of a path to AI monetisation. It's early days in AI and the path to AI driven value creation will become clearer, over time. We retain our BUY recommendation and $111 Target Price.

The post Buy, hold, sell: GrainCorp, Treasury Wine, and Xero shares appeared first on The Motley Fool Australia.

Brokers have reduced their ratings on several stocks this week.

Let's take a look.

CSL Ltd (ASX: CSL)

The CSL share price is $97.98, up 0.7% today.

Over the past month, this ASX 200 healthcare share has fallen another 30%.

Jarden downgraded CSL shares from a buy to hold rating on Tuesday.

The broker slashed its 12-month price target from $244 to $191.

This still suggests major potential upside of 95% over the next 12 months.

GrainCorp Ltd (ASX: GNC)

The Graincorp share price is $5.23, down 2.9% and down 20% over the past month.

Morgans downgraded this ASX 200 agribusiness share after the company released its 1H FY26 results.

The broker moved to a hold rating with a $5.62 target, implying 7.5% upside ahead.

In a note, the broker said:

GNC's 1H26 result was weak but broadly in line with consensus at the NPAT level. Business unit performance was stronger for Agribusiness but materially weaker for Nutrition & Energy given a one-off derivate timing issue.

GNC reported a significantly larger than expected cash outflow and its core cash position was also lower than expected.

The era of special dividends now appears to be over. GNC reiterated its FY26 earnings guidance. 

Looking ahead to FY27, Morgans said dry El Nino conditions and cost pressures would likely lead to a "much smaller crop".

GNC's strategic assets are worth materially more than its current share price.

However, given earnings look set to decline again in FY27, the stock is lacking share price catalysts, and we move to a HOLD recommendation.

Healius Ltd (ASX: HLS)

The Healius share price is 37 cents, down 1.4% on Friday.

Over the past five trading days, this ASX healthcare stock has fallen 27%.

Healius shares were smashed after the company issued an FY26 earnings downgrade.

RBC Capital downgraded Healius shares to a sell rating this week.

The broker slashed its 12-month price target from 75 cents to 35 cents.

This indicates the stock is fully priced.

Amotiv Ltd (ASX: AOV)

The Amotiv share price is $6.25, up 0.2% today.

Over the past six months, this ASX consumer discretionary share has fallen 30%.

Citi downgraded Amotiv shares to a hold rating on Tuesday.

The broker slashed its price target from $9.30 to $6.70, indicating limited upside ahead.

Mach7 Technologies Ltd (ASX: M7T)

The Mach7 Technologies share price is 28 cents, up 1.8% today.

In the calendar year to date, this ASX healthcare share has tumbled 59%.

Canaccord Genuity downgraded Mach7 shares to a hold rating with a 27-cent target on Tuesday.

This suggests the stock is fully priced.

The post 5 ASX shares downgraded by brokers this week appeared first on The Motley Fool Australia.