Insights

Brokers name 2 ASX healthcare shares to buy

These healthcare shares could be buys…
The post Brokers name 2 ASX healthcare shares to buy appeared first on The Motley Fool Australia. –

The healthcare sector is having a tough week and has fallen heavily. For example, the S&P/ASX 200 Health Care index is down 7.5% since this time last week.

While this is disappointing, it may have created a buying opportunity for investors.

Two healthcare shares that have been rated as buys this week are listed below. Here’s what you need to know about them:

Australian Clinical Labs Ltd (ASX: ACL)

Australian Clinical Labs a leading Australian private provider of pathology services through 86 NATA accredited laboratories. From these sites, the company performs a diverse range of pathology tests each year for a range of clients. These include doctors, specialists, patients, hospitals and corporate clients.

According to a note out of Goldman Sachs this morning, the broker has reiterated its buy rating and lifted its price target to $5.70. This follows the release of a trading update, which revealed an upgrade to its guidance.

Goldman commented: “ACL has materially upgraded 1H22 guidance for the second time in a month, primarily driven by the continued strong demand for Covid-19 testing, but also by an under-appreciated resiliency/recovery in the base business.”

Healius Ltd (ASX: HLS)

Healius is a healthcare company with a network of medical centres and pathology centres across Australia. Like Australian Clinical Labs, it has been benefiting greatly from the strong demand for COVID-19 testing services.

And while vaccination rates are increasing, the team at Macquarie believe testing volumes will remain strong for some time to come. This is expected to underpin strong earnings and dividends in the near term.

Furthermore, Macquarie notes that it prefers Healius over Sonic Healthcare Limited (ASX: SHL) for valuation reasons and the prospect of margin expansion.

According to the note, the broker has retained its outperform rating and lifted its price target to $5.55.

The post Brokers name 2 ASX healthcare shares to buy appeared first on The Motley Fool Australia.

Should you invest $1,000 in Healius right now?

Before you consider Healius, you’ll want to hear this.

Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Healius wasn’t one of them.

The online investing service he’s run for nearly a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.

*Returns as of August 16th 2021

More reading

Top brokers name 3 ASX dividend shares to buy today

Australian Clinical Labs (ASX:ACL) share price on watch following profit upgrade
Leading brokers name 3 ASX shares to buy today

5 things to watch on the ASX 200 on Monday

Why analysts rate these ASX healthcare shares highly

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Macquarie Group Limited. The Motley Fool Australia has recommended Australian Clinical Labs Limited and Sonic Healthcare Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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!