Brokers say these ASX 200 blue-chip shares are top buys

Analysts are saying good things about these blue chips. But why are they buys?

| More on:
Businessman working and using Digital Tablet new business project finance investment at coffee cafe.

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're looking for some new portfolio additions, then it could be worth checking out the ASX 200 blue-chip shares listed below that have recently been named as buys.

Here's why brokers are feeling very positive on these top shares:

Brambles Limited (ASX: BXB)

The first ASX 200 blue chip share to look at is Brambles. It is a supply chain solutions company that specialises in reusable pallets, crates, and containers for shared use.

Bell Potter thinks investors should be snapping up the company's shares this week. This is because the broker believes Brambles has a positive outlook thanks to structural tailwinds. It explains:

Overall, we are optimistic about the ongoing structural improvements within the business underpinned by supply chain efficiencies, automation benefits and improved data analytics. Additionally, Bramble's scale of business allows the company to pass some of the costs associated with inflation to its customers through its own price rises and surcharges. Further expansion into emerging markets should generate additional earnings growth.

The broker has a buy rating and a $15.65 price target on Brambles shares.

Endeavour Group Ltd (ASX: EDV)

Goldman Sachs thinks that Endeavour could be a top option for investors looking for ASX 200 blue chip shares to buy.

It likes the Dan Murphy's owner due to its industry-leading position and attractive valuation. Goldman also highlights that it believes all negative news is now fully priced in. It explains:

Our Buy thesis on the stock is based on the following key drivers: 1) Market share gain (already 40% market share) in defensive alcohol retail from consumer data and loyalty advantages; 2) Organic reopening beneficiary with its hotels/pubs business back to pre-COVID sales/property. We believe EDV is trading at a relatively attractive valuation, with potential downside from EGM tax changes already fully priced in. We are Buy rated (on CL) on EDV.

Goldman has a buy rating and a $6.60 price target on the company's shares.

Motley Fool contributor James Mickleboro has positions in Endeavour Group. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Goldman Sachs Group. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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 »