If you're on the lookout for some big returns for your portfolio in 2024, then look no further.
That's because listed below are four ASX 200 shares that analysts are tipping to rise between 30% and 55%.
Here's what you need to know about these shares:
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Flight Centre Travel Group Ltd (ASX: FLT)
Over at Morgans, its analysts think that Flight Centre's shares could provide big returns for investors in 2024.
The broker currently has an add rating and a $26 price target on the travel agent's shares. This suggests a potential upside of 31% from current levels between now and this time next year.
Pilbara Minerals Ltd (ASX: PLS)
Morgans is also still very positive on this mining giant despite the significant lithium price weakness in 2023.
It currently has an add rating and a $5 price target on the lithium miner's shares. This would mean an upside of 30% for investors if Morgans is spot on with its recommendation for Pilbara Minerals.
Qantas Airways Limited (ASX: QAN)
Goldman Sachs believes that Qantas is an undervalued ASX 200 share. The broker currently has a conviction buy rating and a $8.25 price target on the airline operator's shares.
Based on the current Qantas share price of $5.36, this implies a potential upside of 54% for investors over the next 12 months.
ResMed Inc. (ASX: RMD)
Despite a recent rebound following an Ozempic-related selloff, analysts at Macquarie believe that ResMed's shares are still very cheap.
Its analysts recently put an outperform rating and $33.40 price target on the sleep treatment company's shares. If Macquarie is on the money with its recommendation, this would mean a sizeable return of 31% for investors in 2024.
