Here are three ASX 300 shares that have hit fresh 52-week low share prices, yet have buy ratings from the experts.

Accent Group Ltd (ASX: AX1)

This ASX 300 retail share has a market capitalisation of $565 million.

The Accent share price is 94 cents, down 1.05% on Tuesday. This is a new 52-week low.

Accent is an Australian footwear retailer that owns several popular brands.

They include The Athlete's Foot, Hoka, HypeDC, Platypus, Vans and Skechers.

After a trading update last month, Goldman Sachs reiterated its buy rating on Accent shares.

Accent revealed a 3.7% lift in sales during the first 20 weeks of FY26. This includes wholesale sales and sales from new stores.

On a same-store basis, sales were down 0.4% on the prior corresponding period.

Goldman Sachs analyst James Leigh cut his 12-month price target on Accent shares from $1.70 to $1.20.

This still implies a healthy potential upside of 28% in the new year.

REA Group Ltd (ASX: REA)

This ASX 300 communications share has a market capitalisation of $26 billion.

REA owns the popular realestate.com.au property listings portal.

The REA share price is $195, up 0.6%, on Tuesday.

Last Friday, the REA share price hit a new 52-week low of $189.14.

Morgans has an accumulate rating on REA shares with a 12-month price target of $247 per share.

This implies a potential upside of 27% in the new year.

After REA's 1Q FY26 trading update, Morgans commented:

REA's 1Q26 trading update benefited from a strong yield outcome (+13%), which helped to offset a softer new listings environment in the period (volumes down -8% vs the pcp).

Group revenue was A$429m (+4% on pcp), with EBITDA (ex assoc.) up 5% on pcp to A$254m.

Given REA is trading on ~42x FY26F PE (MorgansE), broadly in line with its 10-year historical average, and now with >10% TSR upside to our valuation we upgrade REA to ACCUMULATE.

Suncorp Group Ltd (ASX: SUN)

This ASX 300 financial share has a market capitalisation of $18 billion.

The Suncorp share price is $16.89, down 0.4%, on Tuesday.

Last Friday, the Suncorp share price hit a fresh 52-week low of $16.63 per share.

UBS has a buy rating on Suncorp shares with a 12-month price target of $22.

This implies a potential 30% upside over the next year for this ASX 300 insurance share.

The broker lowered its earnings forecast for Suncorp recently due to several weather events creating a rise in insurance claims.

The post 3 buy-rated ASX 300 shares at 52-week lows appeared first on The Motley Fool Australia.

Can the stock of world's largest gold producer reach even greater heights or has Newmont already priced in too much optimism?  

Gold's appeal in uncertain times

The appeal of gold as a safe haven remains strong amid geopolitical uncertainty and macroeconomic risks. Higher gold prices naturally boost Newmont's revenue, and in recent quarters the company has benefitted handsomely from that tailwind.

There is a strong argument that Newmont's share price could keep climbing, particularly if the gold rally continues. The good news for gold investors is that several market experts predict that new record heights are in sight due to strong central bank purchasing and strengthening market investment.

America's biggest bank, JPMorgan Chase & Co (NYSE: JPM) and French bank Societe Generale SA say the gold price could exceed US$5,000 per ounce next year. Goldman Sachs Group Inc (NYSE: GS) is tipping US$4,900 per ounce by the end of 2026. The current gold price is US$4,103 per ounce, so analysts believe there's room to grow.

Strong results and deep reserves

Newmont is in a good position to continue to outpace the gold market, as it has done in the past 12 months. It has first-class gold reserves in all parts of the world, healthy margins and a low-debt capital structure.

The company's results in the third quarter (Q3 2025) were strong. Over the three months, Newmont produced 1.4 million gold ounces and net income was up 18.8% to US$1.9 billion compared to Q2 2025.  

Off the pace

The gold giant faces clear pressure from volatile gold process, operational setbacks and rising operating costs, that can quickly erode margins and affect the share price.

In the past two trading days, Newmont shares have dropped off the pace with losing 6% of its value. A slight hick-up in the gold price and investors cashing in on their Newmont investment could be the main reasons for the decline.

Most analysts remain upbeat on the ASX stock, with the majority recommending a hold or buy and forecasting 10-18% upside.

However, Baker Young thinks it's time to take profits on Newmont shares.

The broker notes:  

As much as the underlying drivers of record gold prices remain intact, including inflation, low interest rates and high levels of geopolitical tension, we view the recent spike as unsustainable in the longer term. We would be locking in part profits on gold producer Newmont following a recent mixed quarterly update. It delivered marginally better than predicted production, but also warned of higher than anticipated capital expenditure requirements that we expect will reduce free cash flow during fiscal year 2026.

The post Is there scope for Newmont shares to climb higher? appeared first on The Motley Fool Australia.

The S&P 500 Index has rallied strongly since April's dramatic 'Liberation Day' sell-off. 

After reaching a 52-week low of 4,835 points, the index has rallied nearly 35%.

Of course, the S&P 500's impressive run has strongly benefited ASX investors holding US-focused exchange-traded funds (ETFs). 

Popular ASX ETF iShares S&P 500 AUD ETF (ASX: IVV), which tracks the S&P 500 Index, has rallied more than 25% since April. Since this is an unhedged ETF, currency movements are responsible for the ETF underperforming the index. The hedged version, iShares S&P 500 (AUD Hedged) ETF (ASX: IHVV), almost exactly matches the performance of the S&P 500 Index.

Another popular ASX ETF, the Vanguard US Total Market Shares Index AUD ETF (ASX: VAS), has also climbed more than 25% since its April low.

What has driven this surge?

A series of positive news developments has contributed to this surge. 

This included tariff negotiations and deals, as well as strong share price action from the 'Magnificent Seven' companies, which currently make up around 40% of the index. 

In particular, Nvidia Corp (NASDAQ: NVDA), which represents around 8% of the S&P 500, has more than doubled since April. After hitting a 52-week low of $86.63 in April, it has rebounded strongly, closing at $176.60 on Friday. Last week, Nvidia announced it was investing $5 billion in Intel Corp (NASDAQ: INTC), sending Nvidia shares higher. 

However, the major contributor over the past few weeks has been the US Federal Reserve signalling and then following through with lowering interest rates. 

The Federal Funds Rate (FFR) currently stands at between 4% and 4.25%, with the Fed signalling that more cuts are on the horizon. This is important, given that equity markets are forward looking.

Goldman Sachs predicts the rally to continue

The good news for those invested in the US, either directly through the ownership of US shares or indirectly through ASX ETFs, is that investment bank Goldman Sachs is predicting further upside. 

As reported by The Australian Financial Review, Goldman Sachs Strategist David Kostin has lifted his three, six, and twelve-month targets for the S&P 500.

Kostin rolled forward three, six, and twelve-month S&P 500 return forecasts to 2%, 5%, and 8%, respectively.

In his note, Kostin cited the market's historical response to rate cuts, writing:

From current levels, these returns imply index levels of 6800, 7000, and 7200. Our forecast for further equity market upside would be consistent with the historical pattern during rate cut cycles. During the past 40 years, the S&P 500 has generated a 15 per cent median 12-month return when the Fed resumed cutting rates against a backdrop of continued economic growth.

Economists currently expect at least two more 25 basis point cuts to be delivered before the end of 2025. 

Kostin also believes that Corporate America will continue to report higher profits, contributing to further share price rises. 

He wrote:

With long-term interest rates relatively stable, earnings should remain the primary driver of equity upside going forward. Equity valuations are elevated relative to history but appear close to fair value based on the underlying macroeconomic and corporate fundamental backdrop.

Foolish Takeaway

It's been a rollercoaster year for the S&P 500. Just a few short months ago, US equity markets fell sharply as US President Trump unveiled his 'Liberation Day' tariffs. Evidently, the 'sell America' trade has reversed, with the S&P 500 rallying more than 35% since then. Interest rate cuts have given investors a fresh wave of optimism, with the index hitting a fresh record last Friday. The better news for US-focused investors is that the rally may continue, with Goldman Sachs lifting its S&P 500 price targets.

The post S&P 500 hits another all-time high! Goldman Sachs lifts forecast appeared first on The Motley Fool Australia.

Gold has had one of its most dramatic years in history in 2025. For one, the precious metal has clocked several new all-time records of its own, which is significant, given humans have been putting a price on gold for literally thousands of years before the first stock exchange began operating.

It's hard to believe now, but gold was selling for just US$2,600 an ounce or so at the start of 2025. At the time, that was a very elevated price point indeed. By mid-March, though, gold prices had crossed the US$3,000 per ounce mark and just kept on climbing.

Just this month, the yellow metal hit another momentous milestone, this one above US$3,500 an ounce. Today, that high watermark has continued to inch higher, with gold futures commanding a price of over US$3,600 last night.

This puts gold's gains for 2025 alone at an astonishing 38%. That's far more than either the S&P/ASX 200 Index (ASX: XJO) or the American S&P 500 Index (SP: .INX) has delivered. Even Nvidia Corp (NASDAQ: NVDA) stock has 'only' shot up by 23.4% this year to date.

As a result, most ASX gold shares, as well as the ASX's gold-backed exchange-traded funds (ETFs), have enjoyed phenomenal returns this year.

Expert: Gold price can hit US$4,500 an ounce

Given that kind of eight-month gain is highly unusual for gold – an asset that has spent decades treading water before – many investors might be wondering just how much further the precious metal can climb.

Well, a lot higher, if one expert is to be believed. According to reporting in the Australian Financial Review (AFR) this week, analysts at investment bank Goldman Sachs have just told clients to "diversify even more into commodities like gold".

Goldman analyst Samantha Dart told the report that gold's outlook remains bullish, thanks to a combination of "threats to American institutions and increasing supply concentration".

Those threats to American institutions come mainly in the form of President Donald Trump's threats against the independence of the US Federal Reserve. Trump has long discussed the possibility of ending Fed chair Jerome Powell's term early. But he also caused concern last month when he attempted to fire another member of the Fed's board.

Trump has long complained that interest rates in the United States are too high. But imposing his will on what is supposed to be an independent arm of the government in the US could indeed cause panic on the global financial markets. That, at least in Goldman's opinion, bodes rather well for gold. For other investments like stocks and bonds? Not so much.

Here's some more of what Dart had to say:

More specifically, a scenario where Fed independence is damaged would likely lead to higher inflation, higher long-end rates (lower bond prices), lower stock prices and an erosion of the US dollar's reserve currency status. In contrast, gold is a store of value that doesn't rely on institutional trust.

Should private investors look to diversify more heavily into gold, as have central banks, we see potential upside to gold prices even above our tail risk scenario of $US4500 an ounce, which itself is already well above our $US4000 mid-2026 baseline.

So a US$4,000 or even US$4,500 gold price is a definite possibility, at least according to this expert. Let's see if the precious metal can indeed keep on shining this brightly.

The post Could the gold price surpass US$4,500? This expert thinks so appeared first on The Motley Fool Australia.

And, as we'll look at below, that remarkable run may only just be getting started.

Using the S&P/ASX All Ordinaries Gold Index (ASX: XGD) – which also contains smaller miners outside of ASX 200 gold stocks – as an example, the All Ords Gold Index has surged 50.8% since this time last year.

That's almost five times the 10.4% gains posted by the ASX 200 over this same time.

The unifying tailwind here, as you're likely aware, is the surging gold price.

One year ago, gold was trading for US$2,359 per ounce. On Tuesday, that same ounce was trading for US$3,332. Or a gain of 41.3%.

Here's how some of the leading ASX 200 gold stocks have performed over this same period (as at market close on 8 July):

• Northern Star Resources Ltd (ASX: NST) shares are up 32.0%
• Newmont Corp (ASX: NEM) shares are up 40.6%
• Ramelius Resources Ltd(ASX: RMS) shares are up 26.9%
• Gold Road Resources Ltd (ASX: GOR) shares are up 79.3%
• Evolution Mining Ltd (ASX: EVN) shares are up 109.1%
• Perseus Mining Ltd (ASX: PRU) shares are up 45.9%
• Bellevue Gold Ltd (ASX: BGL) shares are down 50.2%
• West African Resources Ltd (ASX: WAF) are up 64.0%

With the sole exception of Bellevue Gold shares – which have caught headwinds amid the miner's significant capital expenditure to develop its Bellevue gold project in Western Australia – you're unlikely to hear any stockholders complaining about the performance of their ASX 200 gold stock holdings this past year.

Now, the big question facing ASX investors today is, can the Aussie gold miners keep roaring higher in the year ahead?

Why ASX 200 gold stocks can keep shining bright into 2026

If Daan Stryuven, co-head of global commodities research at Goldman Sachs, has it right, ASX 200 gold stocks could enjoy significantly higher gold prices in the months ahead.

"We still expect the gold price to rise to US$4,000 per troy ounce, so that's another 20% of upside from here," Stryuven said last week.

And gold investors have central banks to thank.

According to Stryuven:

The main reason is really structurally higher demand from central banks. Central bank buying of gold has increased five-fold since '22 when Russia's central bank reserves got frozen.

And we just got the survey a couple of months ago surveying more than 70 central banks across the world, and the survey showed record high purchase intentions with no central bank that was surveyed indicating that they would reduce their gold holdings over the next 12 months.

Stryuven said a growing number of nations are working to diversify their holdings out of the US dollar.

 "I think the big potential winner from further dollar diversification is gold," he said.

And in what would be excellent news for investors in ASX 200 gold stocks, Stryuven added, "The next giant leap for gold markets could be private investors, who often feel like they're overallocated to the dollar, may reallocate to some extent out of dollar holdings into gold."

According to Stryuven:

That could be the next giant leap for gold markets because the gold market is 200 times smaller than the US S&P 500. It's 100 times smaller than the US treasury market. So, you only need a very small shift of flows into the much smaller gold market to cause very significant gold price upside.

And if the gold price needs any other tailwinds, Stryuven said, "It's also a great hedge against several of the key risks including tariff escalation or concerns about US fiscal sustainability."

The post Why the stellar bull run for ASX 200 gold stocks may only just be getting started appeared first on The Motley Fool Australia.

In late morning trade on Friday, shares in the S&P/ASX 200 Index (ASX: XJO) energy stock are swapping hands for $24.00 apiece.

Perhaps not coincidentally, the Brent crude oil price is also trading at almost identical prices to 24 hours ago. At time of writing, Brent crude oil is trading for US$68.77 per barrel.

While that's up from lows of just US$60.20 per barrel on 5 May, the oil price has tumbled some 21% since this time last year.

As you'd expect, that's put pressure on Woodside shares, with the stock down 17.8% over 12 months.

As for the competition, rival ASX 200 energy stock Beach Energy Ltd (ASX: BPT) shares have slumped 11.5% over the full year. While the Santos Ltd (ASX: STO) share price is down a lesser 3.6%. Sanots shares received a big boost in April following the announcement of the potential, and ongoing, takeover offer from the XRG Consortium.

So, that's the year gone by.

Now, here's what Goldman Sachs is forecasting for the oil price in the year ahead.

How will the oil price impact Woodside shares heading into 2026?

With the Organization of the Petroleum Exporting Countries and its allies (OPEC+) discussing adding another 411,000 barrels per day to their voluntarily reduced production quotas in August, the potential of a global oil supply glut is ramping up.

In a forecast that could mean further headwinds for Woodside shares, along with Santos and Beach Energy, Goldman Sachs Head of Oil Research Daan Stryuven cautioned earlier this week that investors should prepare for Brent crude oil to fall by another US$10 per barrel heading into 2026.

"The main reason we look for oil prices to drop by another $10 per barrel over the next year is that we expect strong supply growth," Stryuven said.

He added:

In fact, we expect global supply this year to grow four times more quickly than demand, assuming no disruptions, with strong supply growth basically from two buckets of countries –  the OPEC-plus producers that are unwinding their voluntary production cuts and then what we call non-OPEC, ex-US shale countries such as Brazil, Guyana, Norway, Kazakhstan, that are actually raising production by a million barrels per day between August and last month. So very rapid supply increases there.

While the US shale industry is not expected to be the main driver of supply growth this year, Stryuven noted:

In fact, we got an all-time high for US crude supply released earlier [Monday] for the month of April. So, I think this reinforces our view that supply growth will be strong and will push down oil prices, assuming you get no geopolitical surprise.

As for any global demand growth that could boost the oil price and by connection help support Woodside shares, Stryuven said, "I would characterise oil demand growth as pretty modest compared to history."

Goldman Sachs expects global oil demand to grow by 600,000 barrels per day this year.

The post Buying Woodside shares? Here's the latest oil price forecast from Goldman Sachs appeared first on The Motley Fool Australia.

That's according to the latest research into the red metal from Goldman Sachs, with the broker boosting its copper price forecast for the second half of 2025.

Miners that stand to benefit include copper-focused Sandfire Resources Ltd (ASX: SFR), along with dual-listed, Canadian-based Capstone Copper Corp (ASX: CSC). Capstone first began trading on the ASX in April 2024.

And while Aussie mining giant BHP Group Ltd (ASX: BHP) may not be the first company you think of when you're investigating ASX 200 copper stocks, BHP's copper exposure is growing rapidly. In fact, in FY 2024, copper sales made up 29% of the miner's earnings.

Now, iron ore is still BHP's top revenue earner, though that's been weighing on the BHP share price of late. Back in October, iron ore was fetching US$112 per tonne. Today, that same tonne is trading for around US$93.

However, a rising copper price could help push BHP shares higher, as well as lift shares in ASX 200 copper stocks Sandfire Resources and Capstone Copper.

In FY 2024, BHP's copper production increased by 9% to 1.87 million tonnes. And the miner's earnings before interest, taxes, depreciation and amortisation (EBITDA) from copper sales were up 29% year on year to US$8.6 billion.

And BHP's copper exposure is continuing to grow in 2025.

In H1 FY 2025, BHP's underlying copper EBITDA was up 44% year on year to US$5 billion. That saw copper earnings increase to 39% of BHP's underlying EBITDA. And for the three months to 31 March, BHP's copper production was up another 10% year on year.

Why Goldman's forecast is bullish for ASX 200 copper stocks

With copper imports into the United States surging, Goldman Sachs is forecasting a potential supply crunch in other parts of the world, which could help boost ASX 200 copper stocks.

Particularly over the next two months.

According to the broker (courtesy of The Australian Financial Review):

Significant over-imports of copper into the US have caused fears of a shortage in the rest of the world, despite the global market being in surplus, and have resulted in a blow-out in [London Metal Exchange] time spreads.

Goldman upgraded its second-half 2025 LME copper price forecast to US$9,890 a tonne. That's up from its previous forecast of US$9,140 a tonne.

"We expect the LME price to continue rising over the next two months, peaking for the year at US$10,050 in August, before falling to US$9700 by December", Goldman said.

The red metal is currently trading for US$9,712 on the LME.

So, the biggest potential boost for ASX 200 copper stocks looks to be during the next two months as we head into August. However, Goldman is forecasting that copper prices will hit US$10,350 by December 2026, so there could be more tailwinds in the year ahead.

The post If Goldman is right, these 3 ASX 200 copper stocks could surge into August appeared first on The Motley Fool Australia.

While market volatility never goes away, long-term investors have historically been rewarded for putting their money to work — especially in high-quality businesses with competitive advantages.

Here are four top ASX 200 shares analysts think are worth considering in June.

CSL Ltd (ASX: CSL)

CSL is one of Australia's most successful global businesses. With a dominant position in blood plasma therapies, vaccines, and biotech innovation, it has been a long-term compounder with an outstanding record of earnings growth.

While the company has had a tough time in recent years, analysts believe the next few years will be very positive thanks to a rebound in the key CSL Behring business.

It is for this reason that Morgans has an add rating and $329.26 price target on its shares.

Xero Ltd (ASX: XRO)

Another ASX 200 share to consider buying is Xero. It is a global accounting platform provider that has built a loyal customer base across Australia, New Zealand, the UK, and increasingly in North America.

Its cloud-based model provides scalable, subscription-based revenue and sticky customer relationships, making it an attractive long-term growth story. Especially given that its total addressable market is estimated to be 100 million subscribers. This compares to its current subscriber base of 4.4 million.

Goldman Sachs is bullish on Xero and has a buy rating and $205.00 price target on its shares.

Web Travel Group Ltd (ASX: WEB)

After spinning off its Webjet business, Web Travel is now laser-focused on its WebBeds B2B travel business. It is one of the largest global hotel accommodation suppliers to travel agents and online platforms.

The team at Macquarie believes WebBeds is well-positioned in a fragmented and rapidly recovering global travel market. As a result, the broker recently put an outperform rating and $6.19 price target on its shares.

WiseTech Global Ltd (ASX: WTC)

Finally, WiseTech could be an ASX 200 share to buy. It is a logistics software powerhouse whose CargoWise platform is used by many of the world's largest freight forwarders.

The company has been growing at a rapid rate as global supply chains modernise and become more digitised. But if you thought its growth was over, think again. It still has a long growth runway thanks partly to strategic acquisitions that increase its total addressable market.

Morgans is a big fan and has an add rating and $132.40 price target on its shares.

The post Where to invest $20,000 into ASX 200 shares appeared first on The Motley Fool Australia.

Three that have recently been given buy ratings by brokers are named below. Here's what they are recommending to clients:

Adairs Ltd (ASX: ADH)

The first ASX dividend stock to look at is Adairs.

It is a leading homewares and furniture retailer with brands like Adairs, Focus on Furniture, and Mocka.

The team at Morgans is positive on the company and highlights that it is benefiting from a streamlined supply chain through its new national distribution centre.

It expects this to underpin fully franked dividends of 14 cents per share in FY 2025 and 17 cents in FY 2026. Based on the current share price of $2.74 that equates to attractive dividend yields of 5.1% and 6.2%, respectively.

Morgans has an add rating and $2.85 price target, suggesting meaningful upside ahead.

BHP Group Ltd (ASX: BHP)

The team at Goldman Sachs has named mining giant BHP as an ASX dividend stock to buy.

The broker is positive on the miner due to its exposure to copper. In addition, it also feels that it is being undervalued by the market. It explains: "BHP is currently trading at ~0.8x NAV and ~6x NTM EBITDA, below the 25-yr average EV/EBITDA of 6.5-7x."

As for income, Goldman Sachs is forecasting fully franked dividends per share of approximately ~A$1.56 in FY 2025 and then ~A$1.45 in FY 2026. Based on the current BHP share price of $37.98, this would mean dividend yields of 4.1% and 3.8%, respectively.

Goldman Sachs has a buy rating and $45.10 price target on its shares.

GQG Partners Inc. (ASX: GQG)

Another ASX dividend stock with potential to offer big dividend yields is GQG Partners.

It is a global investment company that manages funds on behalf of large pension funds, sovereign funds, wealth management firms, and financial institutions.

While it has been a rocky 12 months due to its investments in the troubled Adani Group, Macquarie remains very positive. It recently noted that "at <9x NTM P/E with a >10% yield, valuation remains attractive."

In respect to income, Macquarie is forecasting dividends of 14.7 US cents per share (22.6 Australian cents) in FY 2025 and then 16 US cents per share (24.6 Australian cents) in FY 2026. Based on its current share price of $2.12, this would mean dividend yields of 10.5% and 11.5%, respectively.

The broker has an outperform rating and $2.90 price target on its shares.

The post Why BHP and these ASX dividend stocks are buys appeared first on The Motley Fool Australia.

These are companies with global reach, strong competitive advantages, and the potential to compound wealth for years to come.

Here are three ASX 200 shares analysts think investors should be buying this month.

CSL Ltd (ASX: CSL)

CSL is one of the true giants of the Australian share market. As a global leader in biotechnology, it has built a reputation for delivering life-saving therapies and innovative medical solutions across the world.

The company's flagship plasma therapies business is complemented by a growing portfolio of vaccines, innovative therapies, and leading research programs. The latter includes over US$1 billion a year spent on R&D activities to ensure it has a pipeline filled with potentially lucrative therapies.

Goldman Sachs is a fan of the company and is forecasting double-digit earnings growth in the coming years. As a result, it has put a buy rating and $304.60 price target on its shares.

ResMed Inc. (ASX: RMD)

Another ASX 200 share that could be a high-conviction buy is ResMed. It is a global leader in respiratory health. Its products improve the lives of millions of people living with sleep apnoea and chronic respiratory conditions.

The company has established a sticky, recurring revenue model through its devices and software platforms, creating a powerful ecosystem that supports patient care, improves outcomes, and keeps customers coming back. And with over a billion people believed to suffer from sleep apnoea globally, it has a significant growth runway over the next decade.

It is partly for this reason that Goldman Sachs has a conviction buy rating and $49.30 price target on its shares.

WiseTech Global Ltd (ASX: WTC)

Finally, WiseTech is a third ASX 200 share for investors to look at this month. Its flagship software platform, CargoWise, is used by the world's largest freight forwarders and logistics providers to manage complex, cross-border supply chains.

WiseTech's deep expertise in logistics software, its global customer base, and strong network effect give it a significant competitive advantage. The company also has a proven strategy of growing both organically and through targeted acquisitions, steadily expanding its global footprint and capabilities.

The team at Morgans is bullish on the company's outlook. So much so, its analysts recently put an add rating and $132.40 price target on its shares.

The post 3 high-conviction ASX 200 shares I'd buy in June appeared first on The Motley Fool Australia.

If you are, then it could be worth checking out the three in this article that brokers rate as buys. Let's see what they are recommending to clients:

Adairs Ltd (ASX: ADH)

Adairs could be an ASX dividend stock to buy according to brokers. It is a leading homewares and furniture retailer behind the Adairs, Focus on Furniture, and Mocka brands.

The team at Morgans is positive on the company. It believes Adairs is well-placed for growth thanks to its streamlined supply chain and new national distribution centre.

Morgans believes this will underpin fully franked dividends of 14 cents per share in FY 2025 and then 17 cents in FY 2026. Based on the current share price of $2.70, that equates to attractive dividend yields of 5.2% and 6.3%, respectively.

The broker currently has an add rating and $2.85 price target on its shares.

Rural Funds Group (ASX: RFF)

A second ASX dividend stock that brokers rate as a buy is Rural Funds.

It is a real estate investment trust (REIT) that owns a diversified portfolio of Australian agricultural assets. It notes that its strategy is to generate capital growth and income from developing and leasing agricultural assets.

Bell Potter is positive on the company and believes its shares are undervalued at current levels. It is also expecting some attractive dividend yields in the near term.

The broker is forecasting dividends per share of 11.7 cents in FY 2025 and then 12.2 cents in FY 2026. Based on the current Rural Funds share price of $1.76, this will mean yields of 6.6% and 6.9%, respectively.

Bell Potter has a buy rating and $2.45 price target on its shares.

Woolworths Group Ltd (ASX: WOW)

A third ASX dividend stock that could be a buy is Woolworths.

It is one of Australia's big two supermarket operators. In addition, it owns Big W, a growing pet care business, and a number of other complementary businesses.

Goldman Sachs is a fan of the company due to its "strategic advantage in omni-channel and digital assets."

It expects this to support the pay out of fully franked dividends of 84 cents per share in FY 2025 and then $1.08 per share in FY 2026. Based on its current share price of $32.10, this will mean dividend yields of 2.6% and 3.35%, respectively.

Goldman has a buy rating and $36.50 price target on its shares.

The post Buy Woolworths and these ASX dividend stocks 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:

ALS Ltd (ASX: ALQ)

The ALS share price is down over 1% to $16.10. This appears to have been driven by a broker note out of Goldman Sachs this morning. According to the note, the broker has downgraded the testing services company's shares with a trimmed price target of $17.70. It said: "We believe that ALQ likely warrants a premium given it over-indexes commodities, which appear to have inflected higher (complemented by an expanding addressable market). However, on an EBIT growth adjusted basis (NTM EV:EBIT / 3yr EBIT CAGR) it is broadly in line with the peer set (1.7x vs an average of 1.9x). With the earnings changes and capital raising outlined above, our 12m TP decreases 1% to A$17.70 (from A$17.80). With 9% upside (vs coverage median ~13%) we downgrade to Neutral."

Black Cat Syndicate Ltd (ASX: BC8)

The Black Cat Syndicate share price is down 3% to 78.5 cents. This follows the release of a drilling update from the gold miner's Paulsens Gold Operation. While the drilling was successful, some investors appear to have been expecting stronger results. Black Cat's managing director, Gareth Solly, said: "Drilling results from the Gabbro Veins is consistent with our mine plan at Paulsens. Development in this new area is ahead of plan, and we look forward to commencing production from the Gabbro Veins as we continue with our mine ramp up. Underground drilling and development activities continue to deliver on our more gold, sooner strategy."

Boss Energy Ltd (ASX: BOE)

The Boss Energy share price is down almost 3.5% to $3.99. This appears to have been driven by profit taking from some investors after uranium stocks surged over the past few weeks. In fact, even after today's pullback, this uranium miner's shares are up 25% since this time last month.

Washington H Soul Pattinson & Co Ltd (ASX: SOL)

The Washington H Soul Pattinson share price is down 1.5% to $37.12. This may have been caused by a broker note out of Morgans. This morning, the broker downgraded the investment company's shares to a hold rating with an improved price target of $37.50. While Morgans is a fan of the company, it feels its valuation is getting stretched following a strong run since its half year results.

The post Why ALS, Black Cat, Boss Energy, and Soul Patts shares are falling today appeared first on The Motley Fool Australia.

If you are, then read on because listed below are two ASX growth shares that have been tipped to deliver strong returns over the next 12 months.

Here's what analysts are saying about these shares:

Aristocrat Leisure Ltd (ASX: ALL)

The first ASX growth share that could be a buy according to analysts is gaming technology company Aristocrat Leisure.

Goldman Sachs is positive on the company's outlook. It believes that its high investment in research and development will underpin market share gains in the coming years.

ALL is the market leader in land-based content and cabinets, supported by its above industry R&D spend that should enable it to grow share beyond >40%. ALL will also be returning to its core competency of slots content following the sale of Plarium, with land-based synergies to support share gains. Lastly, we believe ALL should benefit from its high exposure to the US economy, including currency tailwinds into FY25.

The broker currently has a buy rating and $74.00 price target on its shares. Based on its current share price of $62.56, this implies potential upside of 18% for investors over the next 12 months.

Polynovo Ltd (ASX: PNV)

Another ASX growth share that could deliver market-beating returns for investors is PolyNovo.

It is a medical technology company aiming to simplify management of acute complex wounds with its NovoSorb BTM product. It is a dermal scaffold for the regeneration of the dermis when lost through extensive surgery, trauma, or burn.

Morgans is very positive on the company. Though, it concedes that it is only suitable for investors with a high tolerance for risk. It said:

PNV has provided a trading update for the 9 months ended March 2025, noting sales growth of 31.1%. We are confident our FY25 forecast can be achieved and this rate of growth will continue in 4Q25.

PNV has made progress on the regulatory front with a number of approvals achieved during the quarter and importantly the data for the full thickness burns trial is shortly to be locked and then submitted to the FDA to commence the approval process (expected to take six months). A search for a new CEO is underway and we view this as an important step for leadership stability. Given the positive sales momentum we have upgraded our recommendation to Speculative Buy (from Hold).

Morgans has a speculative buy rating and $1.69 price target. Based on its current share price of $1.29, this implies potential upside of 31% for investors over the next 12 months.

The post These ASX growth shares could rise 18% to 30% appeared first on The Motley Fool Australia.

For example, since the end of January, the hearing solutions company's shares have lost 15% of their value.

This leaves them trading much closer to their 52-week low than their 52-week high.

Is this a buying opportunity for investors? Let's take a look at what analysts are saying about this high quality company.

Are Cochlear shares a buy?

The team at Goldman Sachs sees value in its shares at current levels, but not quite enough to warrant a buy rating.

Its analysts currently have a neutral rating and $294.90 price target on Cochlear shares. Based on its current share price of $272.99, this implies potential upside of 8% over the next 12 months.

Goldman also expects a 1.6% dividend yield this year and next, which boosts the total potential return to almost 10%. Not bad for neutral! It said:

COH is the market leader in the manufacture and distribution of implantable hearing products, primarily cochlear implants (CI) but also bone-conduction implants. In our view, COH to date has executed well on its strategy and we forecast CI growth to step up from the investments to date in expanding the adults & seniors market.

Services growth however is likely to slow on the back of tighter funding requirements and with the stock trading close to our valuation we are Neutral rated. Key positive catalysts: Expanded reimbursement & COH product launches.

Elsewhere the team at Morgans has a hold rating and $285.55 price target on its shares and UBS has a neutral rating and $285.00 price target.

One bull

While the majority of brokers are sitting on the fence with their recommendations, there is one broker out there that is urging its clients to buy the dip.

According to a recent note out of Citi, its analysts have put a buy rating and $300.00 price target on its shares. Based on its current share price, this implies potential upside of 10%. This extends to approximately 12% when including dividends.

Citi believes that recent weakness has created a buying opportunity, highlighting that its shares are trading on lower than normal multiples. It also appears to see uncertainty regarding new product launches as priced in.

All in all, this could make it worth considering an investment in Cochlear shares while they are down in the dumps.

The post Down 15% since January, are Cochlear shares now a buy? appeared first on The Motley Fool Australia.

If you've got $1,000 ready to invest, here are three ASX shares that analysts think could be smart additions to your portfolio. Here's what is being tipped as a buy:

DroneShield Ltd (ASX: DRO)

DroneShield is a rising star in the defence technology sector, developing counter-drone solutions for governments, defence forces, and critical infrastructure. As drone usage grows in both commercial and military settings, so too does the demand for counter-drone systems to protect airspace and assets.

This has led to DroneShield's sales growing at a rapid rate this year. And with the company's sales pipeline remaining very strong and structural drivers being supportive of increasing demand, the company looks well-placed for growth over the remainder of the decade.

Bell Potter is bullish and has a buy rating and $1.50 price target on its shares.

Pilbara Minerals Ltd (ASX: PLS)

Another ASX share to consider in June is Pilbara Minerals. It is one of the globe's leading lithium miners, operating the world class Pilgangoora project in Western Australia.

Lithium is a critical input for electric vehicle (EV) batteries, and while prices have been volatile, global demand for lithium is expected to rise sharply over the next decade as the world transitions to clean energy and transport.

This could make it worth buying the lithium miner while its shares are down in the dumps. Bell Potter certainly thinks so. It has a buy rating and $2.00 price target on its shares.

ResMed Inc (ASX: RMD)

Finally, ResMed could be an ASX share to buy with that $1,000.

It is a global leader in sleep and respiratory care, providing CPAP devices, ventilators, and digital solutions for patients with sleep apnoea and chronic conditions.

While it has faced some pressure from concerns over emerging competitors, the underlying business remains strong, with robust recurring revenue from its device and software ecosystem.

In addition, ResMed's scale, trusted brand, and growing global presence position it well for the long term. Its focus on digital health, data integration, and patient monitoring also gives it an edge as healthcare becomes increasingly connected.

Goldman Sachs is a very big fan. So much so, it recently reiterated its conviction buy rating and $49.30 price target on its shares.

The post Where to invest $1,000 into ASX shares in June appeared first on The Motley Fool Australia.

If you do, it could be worth checking out the three in this article that brokers are feeling bullish on right now.

Here's what you need to know about them:

Cochlear Ltd (ASX: COH)

The first ASX 200 blue chip share that could be a buy is Cochlear. It is a leading hearing solutions company with a global presence.

Thanks to the ageing population tailwind and its ongoing investment in research and development, Cochlear appears well-placed to continue its growth over the next decade.

The team at Citi is very positive on the company and sees potential for strong returns over the next 12 months.

It currently has a buy rating and $300.00 price target on its shares. This implies potential upside of 11% for investors.

Macquarie Group Ltd (ASX: MQG)

Another ASX 200 blue chip share that could be a buy for investors right now is Macquarie.

It is an investment bank with operations across infrastructure, green energy, asset management, and more. Macquarie has a long history of capital discipline and clever deal-making, which has helped to underpin strong returns over the long term.

Morgans believes this can continue. It recently noted that "MQG is a quality franchise, and with a recent pull back in the share price occurring linked to macro and global trade factors, we see upside and move to an ADD (from Hold) recommendation."

As mentioned above, Morgans has put an add rating on its shares with a price target of $223.89. Based on its current share price, this implies potential upside of 8% over the next 12 months. It also expects a 3.5% dividend yield in FY 2026, boosting the total potential return beyond 11%.

CSL Ltd (ASX: CSL)

Finally, CSL could be an ASX 200 blue chip share to buy. It is a world-class biotechnology company best known for its blood plasma therapies.

It could be a top pick due to its combination of defensive characteristics and growth potential. It operates in a very specialised sector with high barriers to entry, and it continually reinvests in R&D to drive long-term product development.

While recent years have seen some growing pains due to global disruptions, CSL's long-term trajectory remains very positive. In fact, Goldman Sachs is forecasting double-digit earnings growth in the coming years.

As a result, it has put a buy rating and $304.60 price target on its shares. This implies potential upside of 23% for investors over the next 12 months.

The post 3 super strong ASX 200 blue chip shares to buy now appeared first on The Motley Fool Australia.

If you are, then read on! That's because listed below there are three ASX dividend shares that have been given the thumbs up by analysts.

Let's see what they are recommending to income investors right now:

Centuria Industrial REIT (ASX: CIP)

The first ASX dividend share that could be a buy for income investors is Centuria Industrial REIT.

It is Australia's largest domestic industrial property investment company, with a portfolio of high-quality assets. This includes 87 fit-for-purpose industrial assets worth a collective $3.8 billion that are situated in key in-fill locations and close to key infrastructure.

UBS is a fan of the company and is forecasting dividends of 16.3 cents per share in FY 2025 and then 16.8 cents per share in FY 2026. Based on its current share price of $3.08, this will mean dividend yields of 5.3% and 5.5%, respectively.

The broker currently has a buy rating and $3.82 price target on its shares.

Harvey Norman Holdings Limited (ASX: HVN)

Another ASX dividend share that could be a buy according to analysts is Harvey Norman. It is of course one of Australia's leading retailers.

Bell Potter is a fan of the company and believes it is well-placed to benefit from an AI-driven device upgrade cycle. Interest rate cuts should also be a boost to its business.

As for income, the broker expects fully franked dividends of 25.4 cents per share in FY 2025 and 28.1 cents per share in FY 2026. Based on its current share price of $5.29, this will mean dividend yields of 4.8% and 5.3%, respectively.

Bell Potter currently has a buy rating and $6,00 price target on its shares.

Treasury Wine Estates Ltd (ASX: TWE)

Finally, over at Goldman Sachs, its analysts think that Treasury Wine could be an ASX dividend share to buy right now.

Treasury Wine is the wine giant behind popular brands such as Penfolds, Wolf Blass, and 19 Crimes.

Goldman is very positive on the company's medium term outlook. This is thanks partly to the strength of the Penfolds brand and the removal of Chinese tariffs on Australian wine. The broker expects this to underpin partially franked dividends of 42 cents per share in FY 2025 and then 49 cents in FY 2026. Based on its current share price of $8.25 this would mean dividend yields of 5.1% and 5.9%, respectively.

Goldman Sachs currently has a buy rating and a $12.90 price target on its shares.

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

While markets have bounced off their April lows, there's still plenty of ASX 200 shares out there with the potential to deliver strong returns.

Here are five of the best ASX 200 shares to consider buying in June according to analysts.

Brickworks Ltd (ASX: BKW)

Brickworks is more than just bricks. It's a diversified business with exposure to building products, property, and investments — including a long-standing stake in Washington H. Soul Pattinson (ASX: SOL). This mix provides steady earnings, strong asset backing, and exposure to Australia's housing and construction cycles.

Bel Potter is a fan of the company and has a buy rating and $32.00 price target on its shares.

REA Group Ltd (ASX: REA)

REA Group is the operator of realestate.com.au, the digital advertising juggernaut that dominates the Australian property listings market. Despite challenges in the property cycle, REA Group has continued to grow through higher ad yields, premium product offerings, and smart technology investments.

Goldman Sachs believes this will continue. It has put a buy rating and $269.00 price target on the ASX 200 share.

Telix Pharmaceuticals Ltd (ASX: TLX)

Another ASX 200 share that gets the thumbs up by analysts is Telix Pharmaceuticals. It is a biotech company with a focus on radiopharmaceutical therapies for cancer diagnostics. Its lead product, Illuccix, is already generating significant (and growing) commercial revenue, and its pipeline of potential therapies could drive further growth in the coming years.

Bell Potter is also a fan of Telix. It has a buy rating and $34.00 price target on its shares.

Woolworths Group Ltd (ASX: WOW)

A fourth ASX 200 share to look at in June is Woolworths. It is the market leader in Australian supermarkets, with strong cash flow, pricing power, and defensive characteristics that shine in uncertain markets. Its trusted brand, loyalty program, and investments in ecommerce and supply chain efficiency give it an edge in the competitive grocery sector.

Goldman Sachs rates Woolworths as a buy with a price target of $36.50.

Xero Ltd (ASX: XRO)

Finally, Xero could be a top ASX 200 share to buy in June. It is a global cloud-based accounting powerhouse, serving millions of small and medium businesses across Australia, New Zealand, the UK, and North America. With a sticky subscription model and an expanding ecosystem of services, Xero is well-positioned to benefit from the ongoing digitisation of small business finance.

Goldman Sachs has a buy rating and $205.00 price target on its shares.

The post 5 of the best ASX 200 shares to buy in June appeared first on The Motley Fool Australia.

Will the market be able to bounce back from this on Friday and end the week on a high? Here are five things to watch:

ASX 200 expected to rebound

The Australian share market looks set to rebound on Friday following a mixed night in the United States. According to the latest SPI futures, the ASX 200 is expected to open 19 points or 0.2% higher this morning. On Wall Street, the Dow Jones was flat, the S&P 500 edged lower, and the Nasdaq pushed 0.3% higher.

Oil prices fall

ASX 200 energy shares including Santos Ltd (ASX: STO) and Karoon Energy Ltd (ASX: KAR) could have a subdued finish to the week after oil prices dropped overnight. According to Bloomberg, the WTI crude oil price is down 1.3% to US$60.75 a barrel and the Brent crude oil price is down 1.4% to US$64.02 a barrel. This was driven by news that OPEC could increase its output.

Rio Tinto CEO announces exit

The Rio Tinto Ltd (ASX: RIO) share price will be on watch today after the mining giant announced the exit of its CEO, Jakob Stausholm. He will continue to lead Rio Tinto as chief executive and a member of the board of directors while a successor is appointed, but is expected to leave before the end of the year. A "rigorous selection process" is now underway to find a replacement.

Gold price falls

ASX 200 gold shares Evolution Mining Ltd (ASX: EVN) and Northern Star Resources Ltd (ASX: NST) could have a soft finish to the week after the gold price fell overnight. According to CNBC, the gold futures price is down 0.6% to US$3,294 an ounce. This was driven by a stronger US dollar and profit taking.

Wesfarmers shares rated as a buy

Wesfarmers Ltd (ASX: WES) shares are a buy according to the team at Goldman Sachs. This morning, the broker has retained its buy rating with an improved price target of $87.30. In response to its strategy day event, the broker said: "While no specific financial guidance was given (in-line with historical practice), we view the strategic plan positively, supporting a high quality growth path for WES."

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

That's the view of analysts at Goldman Sachs, which are feeling bullish on the mining giant.

What is Goldman saying about Rio Tinto shares?

According to the note, the broker was pleased with the miner's joint venture announcement this week. It said:

Rio Tinto has signed a JV with Chilean state owned copper miner Codelco to develop the high grade 1,000ppm Li (mg/l) Maricunga salar in the Atacama region in Chile. We first highlighted the potential for a RIO/Codelco lithium in 2023 and wrote extensively on the Maricunga salar, economics and possible RIO/Codelco JV in our feedback report post our Chilean mining tour in late 2024. The Maricunga salar is just 30-40km from the Nuevo Cobre copper JV with Codelco; RIO is likely exploring development with infrastructure synergies across the copper JV as well as its lithium footprint in Argentina.

Goldman also highlights that this agreement fits with the company's focus on creating value from early stage exploration and strategic joint ventures. It adds:

RIO is focused on creating value for shareholders through early stage exploration and strategic JVs at the asset level, as demonstrated by the Rincon lithium and copper JV with Codelco on the Nuevo Cobre project, and now the Maricunga JV aligns with the company's growth & value creation strategy.

Time to buy

The note reveals that Goldman has retained its buy rating and $140.80 price target on Rio Tinto's shares.

Based on its current share price of $119.84, this implies potential upside of 17.5% for investors over the next 12 months.

In addition, the broker is forecasting dividend yields of approximately 6% for investors in FY 2025 and FY 2026. This brings the total potential 12-month return to over 23%.

Commenting on its buy rating, Goldman said:

Relative valuation: trading at ~0.7x NAV (A$169/sh) vs. peers (BHP ~0.7x NAV and FMG ~0.9x NAV) and ~5.7x NTM EBITDA at GSe base case, below the historical average of ~6-7x.

RIO is a FCF and production growth story in our view, with forecast Cu Eq production growth of ~4-5% in 2025 & 2026 driven mostly by the ramp-up of the Oyu Tolgoi UG copper mine & a recovery at Escondida, higher Pilbara Fe shipments with the ramp-up of new mines, and a rebound in aluminium production. We forecast RIO's Cu Eq production to grow by ~20% and EBITDA by >30% by 2030.

The post Buy Rio Tinto shares for a 23% return appeared first on The Motley Fool Australia.