Insights

4 ASX 200 blue chip shares analysts rate as buys

Blue chips are popular with investors, but which ones are popular with analysts?
The post 4 ASX 200 blue chip shares analysts rate as buys appeared first on The Motley Fool Australia. –

Are you looking to bolster your portfolio with some blue chip ASX shares in June?

If you are, then you might want to look at the ones listed below. Here’s why these ASX blue chip shares are highly rated:

Cochlear Limited (ASX: COH)

The first blue chip to look at is Cochlear. With populations around the world continuing to age, this leading manufacturer and distributor of cochlear implantable devices appears well-placed for growth over the next decade. Especially given its world class product portfolio and the industry’s high barriers to entry.

Macquarie is positive on the company and has an outperform rating and $245.00 price target on its shares.

Coles Group Ltd (ASX: COL)

Another blue chip share to consider is this supermarket giant. It could be a top option for investors due to its defensive qualities, strong market position, and solid growth prospects. Another positive is the return of rational competition in the supermarket industry. This puts Coles in a good position to continue its growth once it has cycled the elevated sales at the height of the pandemic.

Morgan Stanley is a fan of the company and currently has an overweight rating and $20.25 price target on its shares.

CSL Limited (ASX: CSL)

This biotherapeutics giant could be a blue chip to look closely at. While trading conditions have been tricky during the pandemic, CSL remains well-placed for long term growth thanks to the quality of its CSL Behring and Seqirus businesses. Both businesses have lucrative product portfolios and promising research and development pipelines.

One broker that is bullish on CSL is Macquarie. Its analysts recently retained their buy rating and $312.00 price target on its shares.

Telstra Corporation Ltd (ASX: TLS)

A final blue chip to consider is this telco giant. It could be a good option due to its improving outlook, attractive valuation, and generous yield. The former is being driven by the company’s successful T22 strategy and the easing NBN headwind.

Goldman Sachs is positive on the company and recently retained its buy rating and $4.00 price target on its shares.

Wondering where you should invest $1,000 right now?

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.

*Returns as of May 24th 2021

More reading

Leading brokers name 3 ASX shares to buy today

ASX 200 Weekly Wrap: ASX record highs tumble like… Costa shares

Wake up world, this tech sector is the future: analyst

Breaking! ASX 200 hits another record share market high

Can the Telstra (ASX:TLS) share price keep climbing?

The post 4 ASX 200 blue chip shares analysts rate as buys appeared first on The Motley Fool Australia.

Trade The World Anywhere & Anytime!

Mobile app platform with over 50,000 global listed securities across 12 markets (over 70% global market capitalisation), right from your Android or iOS device.

Integrated with exclusive trading idea and investment analysis tools to help you find actionable insight on virtually every financial instrument across our 12 global markets, to help you optimise your trading strategies.

Refer Your Friends

Tell your friends about Monex and gift them FREE access to our trading tools.

We respect your privacy and will only send this one email notification to your friends. 

Share With Your Friends

Share on facebook
Share on twitter
Share on linkedin

Monex Trading Tools Access and Usage Terms

The Monex Trading Tools (referred to as ‘tools’ hereafter) are available to you inside your client portal;


To activate access to the tools, you must have a verified and approved trading account and have made a deposit of at least AUD $1000.


An active and funded account with a positive trading balance is required to continue to have access to the tools;


Although the tools are available to you indefinitely, Monex Securities may at it’s discretion disable access to the tools in the future;


Monex securities reserves the right to change these terms and conditions from time to time, as it sees fit, without notice.

Important Notice
iOS & Android App - 12 International Markets & Over 70% Global Market Cap. $0 Brokerage On US Trades. Click Here!