3 quality ASX 200 shares that could be buys

These ASX 200 shares are highly rated…

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If you are looking to bolster your portfolio with some S&P/ASX 200 Index (ASX: XJO) shares, you may want to look at the three listed below.

Here's why these ASX 200 shares are highly rated right now:

Bapcor Ltd (ASX: BAP)

The first ASX 200 share to look at is Bapcor. It is the Asia Pacific region's leading provider of vehicle parts, accessories, equipment, service and solutions. It was on form in FY 2021, delivering a 20.4% increase in revenue to $1,761.7 million and a 46.5% jump in pro forma net profit after tax to $130.1 million. This was driven by growth across the business. And while FY 2022's performance is expected to be much more subdued, analysts are tipping Bapcor's growth to accelerate again from FY 2023. Particularly given its expansion plans.

The team at Citi are positive on Bapcor. The broker currently has a buy rating and $8.75 price target on its shares.

REA Group Limited (ASX: REA)

Another ASX 200 share to look at is property listings company REA Group. It is best-known for the realestate.com.au website, which is dominating the ANZ market with an average of 121.9 million monthly visits to its website in FY 2021. This was up 35% year on year and is 3.3 times more than its nearest competitor. It is thanks to this dominant market position, together with the thriving housing market and new acquisitions and revenue streams, that REA Group has been tipped to grow strongly in the coming years.

Macquarie is very positive on the company's outlook. As a result, the broker has an outperform rating and $185.00 price target on its shares.

SEEK Limited (ASX: SEK)

A final ASX 200 share to look at is this leading job listings company. It bounced back strongly from the pandemic and delivered a 1% increase in revenue to $1,591 million and a 58% jump in net profit after tax (excluding significant items) to $141 million in FY 2021. This was driven largely by a rebound in job listings and its dominant market position. Pleasingly, more of the same is expected in the coming years as the Australian economy recovers from COVID-19.

Macquarie is also a fan of SEEK. Its analysts currently have an outperform rating and $37.00 price target on its shares.

Motley Fool contributor James Mickleboro owns shares of SEEK Limited. 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 Bapcor. The Motley Fool Australia has recommended REA Group Limited and SEEK Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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