Why these ASX 200 shares could rise 20% to 50%

Big returns could be on the cards for these shares according to analysts.

| More on:

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 big returns, then your search could be coming to an end.

That's because the three ASX 200 shares below have been named as buys and tipped to rise more than 20% over the next 12 months.

To put that into context, if these analysts are on the money with their recommendations, this would turn a $20,000 investment into at least $24,000 by the end of the year.

Let's now see which ASX 200 shares are being tipped as buys:

A woman's hair is blown back and her face is in shock at this big news.

Image source: Getty Images

Flight Centre Travel Group Ltd (ASX: FLT)

The team at Morgans sees plenty of upside potential for this travel agent giant.

Particularly given its "confidence that the travel recovery has much further to go and the benefits of FLT's transformed business model emerging, we think the company is well placed over coming years."

Morgans has an add rating and $26.00 price target on its shares. This implies that its shares could rise almost 24% from current levels.

Lifestyle Communities Ltd (ASX: LIC)

Another ASX 200 share that has been tipped to rise strongly is Lifestyle Communities. It is one Australia's leading land lease communities developers.

Goldman Sachs is feeling very bullish about its outlook over the coming years. It notes that "significant cash flow is poised to be unlocked as LIC moves from net development to net settlement in 2H24E.

Goldman has a buy rating and $25.25 price target on its shares. This equates to a return of almost 50% for investors over the next 12 months.

Mineral Resources Ltd (ASX: MIN)

Finally, analysts at Bell Potter continue to believe that mining and mining services company Mineral Resources is an ASX 200 share to buy.

It points out that "MINs businesses are in a period of significant growth. Over the next two-years Lithium and Iron Ore production quantities will grow substantially, accompanied by associated increases in contracted Mining Services volumes."

Bell Potter has a buy rating and $90.00 price target on its shares. This implies potential upside of 55% for investors.

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 positions in and has recommended Goldman Sachs Group. The Motley Fool Australia has recommended Flight Centre Travel Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Broker Notes

A male investor wearing a blue shirt looks off to the side with a miffed look on his face as the share price declines.
Broker Notes

Why Bell Potter just downgraded its valuation of this popular ASX 200 share

Let's see what the broker is saying about this stock.

Read more »

An oil worker assesses productivity at an oil rig as ASX 200 energy shares continue to rise.
Broker Notes

Up 54% in 2026, are Woodside shares still a good buy today?

A top analyst offers his outlook on the surging Woodside share price.

Read more »

Happy woman in purple clothes looking at ASX share price on mobile phone.
Broker Notes

Down 50% in 2026, Zip shares are 'one of the most compelling value opportunities on the ASX'

Blackwattle portfolio managers Robert Hawkesford and Daniel Broeren provide their assessment of this ASX financial stock.

Read more »

A woman studying share market stats on a computer while writing a report.
ETFs

3 ASX ETFs to buy amid share market rally today: Experts

The ASX 200 soared by 2.6% in earlier trading as investors looked beyond the near-term risks of the global oil…

Read more »

A female coal miner wearing a white hardhat and orange high-vis vest holds a lump of coal and smiles.
Broker Notes

3 reasons to buy New Hope shares today

A leading analyst expects more outsized gains from New Hope shares.

Read more »

A man and a woman sit in front of a laptop looking fascinated and captivated.
Broker Notes

ASX 200 sector leaders to buy amid today's market rally

Experts see value in a number of sector leaders today.

Read more »

Red sell button on an Apple keyboard.
Broker Notes

Experts name 3 ASX shares to sell

Analysts are bearish on these names. But why?

Read more »

Buy, hold, and sell ratings written on signs on a wooden pole.
Broker Notes

Up 59% in a year, should you still buy BHP shares today?

Three investment experts deliver their outlook for BHP shares.

Read more »