If you're wanting to give your portfolio a boost in 2024, then it could be worth looking at the ASX 200 shares listed below.
These have been named as buys by analysts and tipped to rise materially from current levels. Here's what you need to know about them:
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Domino's Pizza Enterprises Ltd (ASX: DMP)
The team at Citi thinks the pizza chain operator's beaten down shares could be a great option for investors.
Its analysts have a buy rating and $61.10 price target on the ASX 200 share.
If Domino's shares were to rise to that level, then it would mean a whopping 50% return for investors before dividend.
Speaking of which, the broker expects a 99 cents per share partially franked dividend in FY 2024. This represents a 2.4% dividend yield.
Gold Road Resources Ltd (ASX: GOR)
If you're looking for exposure to gold, then you may want to check out this ASX 200 gold share.
That's because Goldman Sachs believes its shares can rise materially from current levels.
The broker has a buy rating and $1.95 price target on its shares, which implies potential upside of 29% for investors over the next 12 months.
Goldman notes that "with GOR the only name in our coverage without significant upcoming growth capex spend/lower capex risk, we reiterate our Buy rating."
Pilbara Minerals Ltd (ASX: PLS)
Morgans believes that weakness in the lithium industry has created a buying opportunity for investors.
Last week, the broker retained its buy rating on the ASX 200 lithium miner's shares with a new reduced price target of $4.60.
Despite this valuation reduction, the broker's price target still implies potential upside of approximately 30% for investors in 2024.
