2 fantastic blue chip ASX 200 (ASX:XJO) shares to buy in September

Here are two ASX 200 blue chip shares to consider…

| More on:
happy woman throws arms in the air

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

If you want to build a balanced portfolio, having a few blue chip S&P/ASX 200 Index (ASX: XJO) shares would be a smart move.

But with so many to choose from, it can be hard to decide which ones to buy. To narrow things down for you, I have picked out two ASX 200 blue chip shares that are highly rated:

Goodman Group (ASX: GMG)

Goodman Group is a leading integrated commercial and industrial property company with operations across the world. Among its portfolio are warehouses, data centres, large scale logistics facilities, and business and office parks.

The company currently has $57.9 billion of total assets under management globally, 363 properties, and over 1,600 customers. Among the latter are the likes of Amazon, Coles Group Ltd (ASX: COL), DHL, Showpo, and Walmart.

Goodman has been growing its earnings at a strong rate over the last decade thanks to its highly successful strategy.

This strategy sees the company choose locations that are close to large urban populations and in and around major gateway cities globally. It notes that this is where demand is strong and transformational changes are driving significant opportunities.

Citi appears confident this positive form can continue. It has a buy rating and $26.00 price target on Goodman's shares.

REA Group Limited (ASX: REA)

Another blue chip ASX 200 share to look at is REA Group. It is a leading property listings company with operations in Australia and several international markets. It also has a number of complementary businesses bolstering its growth further.

Once again, REA dominated the property listings market in Australia in FY 2021. For the 12 month ended 30 June, 12.6 million people visited realestate.com.au each month on average. This led to 121.9 million average monthly visits, which was up 35% year on year and was 3.3 times more than its nearest competitor.

This dominant position leaves REA Group well-placed to continue its fine form in the years ahead. Particularly given the improving housing market, price increases, cost reductions, acquisitions, and new revenue streams.

Macquarie is very positive on the company. The broker currently has an outperform rating and $185.00 price target on its shares.

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 COLESGROUP DEF SET. The Motley Fool Australia has recommended REA Group Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

More on Blue Chip Shares

Broker checking out the share price oh his smartphone and laptop.
Blue Chip Shares

2 ASX blue-chip shares offering big dividend yields

These businesses are predicted to pay significant passive income to shareholders.

Read more »

Smiling couple sitting on a couch with laptops fist pump each other.
Blue Chip Shares

2 dirt cheap ASX 200 blue chip shares to buy now with $10,000

Analysts think these cheap shares could be top buys.

Read more »

Young female investor smiling and speaking on mobile phone while sitting in front of laptop
Blue Chip Shares

Down 28% and 23%! Should I buy either of these 2 iconic ASX 200 shares?

These ASX blue-chips are trading at much cheaper prices. Are they buys to me?

Read more »

Multiracial happy young people stacking hands outside - University students hugging in college campus - Youth community concept with guys and girls standing together supporting each other.
Blue Chip Shares

5 ASX 200 blue chip shares to buy in FY26 with $5,000

Analysts think these shares could be top picks for the new financial year.

Read more »

A smiling businessman in the city looks at his phone and punches the air in celebration of good news.
Blue Chip Shares

2 ASX stocks to hold for steady gains

Analysts think these stocks could deliver the goods for investors.

Read more »

A bland looking man in a brown suit opens his jacket to reveal a red and gold superhero dollar symbol on his chest.
Blue Chip Shares

The best ASX 200 blue chip shares to buy now with $3,000

Let's see why analysts think these are among the best stocks to buy right now.

Read more »

A male investor wearing a white shirt and blue suit jacket sits at his desk looking at his laptop with his hands to his chin, waiting in anticipation.
Blue Chip Shares

Are these ASX 200 blue-chip shares undervalued?

Could now be time to jump in on these struggling blue chip holdings?

Read more »

A young man punches the air in delight as he reacts to great news on his mobile phone.
Blue Chip Shares

The best blue chip ASX 200 shares to buy this month

Let's see which blue chips are best buys according to analysts at Bell Potter.

Read more »