Brokers name 3 ASX shares to buy today

Brokers are bullish on these ASX shares…
The post Brokers name 3 ASX shares to buy today appeared first on The Motley Fool Australia. –

It has been another busy week for Australia’s top brokers. This has led to the release of a large number of broker notes.

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


According to a note out of UBS, its analysts have initiated coverage on this personal care products company’s shares with a buy rating and $5.50 price target. UBS is feeling positive on the Sukin owner’s international expansion thanks to some recent agreements with major retailers such as Walmart and Chemist Warehouse. The BWX share price is trading at $4.22 today.

Domain Holdings Australia Ltd (ASX: DHG)

Another note out of UBS reveals that its analysts have upgraded this property listings company’s shares to a buy rating with a $5.80 price target. This follows the release of CoreLogic data which revealed a significant jump in property listings during November. In addition, the broker believes recent weakness in the Domain share price has pulled it down to attractive levels. The Domain share price is fetching $5.29 on Friday.

Treasury Wine Estates Ltd (ASX: TWE)

Analysts at Citi have retained their buy rating and $13.80 price target on this wine company’s shares. This follows an analyst event with the management team of the company’s Penfolds business. Citi was pleased with what it heard and appears positive on the outlook of the business. In addition, the broker is a fan of the Frank Family Vineyards acquisition and sees potential for it to expand Treasury Wine’s market share in the luxury wine category and assist it with plans to reach a 25% margin. The Treasury Wine share price is trading at $11.80 on Friday.

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

Should you invest $1,000 in Treasury Wine right now?

Before you consider Treasury Wine, 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 Treasury Wine 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

Morgans rates these ASX 200 shares as buys

Top brokers name 3 ASX shares to buy next week

Cheers! Morgans tips Treasury Wine (ASX:TWE) share price to rise 19%

Top brokers name 3 ASX shares to buy next week

The Treasury Wine (ASX:TWE) share price popped some corks to a new 5-week high today

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 has recommended BWX Limited and Treasury Wine Estates 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!