9 ASX All Ords shares lifted to 'strong buy' consensus ratings in June

The ASX All Ords index is comprised of 500 stocks, and 80 were upgraded to strong buy ratings last month.

Red buy button on an apple keyboard with a finger on it representing asx tech shares to buy today

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

S&P/ASX All Ords (ASX: XAO) shares rose by 0.54% in June.

It's interesting to see a very large number of ASX All Ords shares upgraded by market analysts on CommSec last month.

The ASX All Ords is made up of 500 stocks, and 80 were upgraded to strong buy ratings in June.

That's a lot!

Let's take a look at some of them.

9 ASX All Ords shares lifted to strong buy ratings

Aristocrat Leisure Limited (ASX: ALL)

This ASX All Ords gaming share is trading at $50.29 on Tuesday, up 0.5%.

It has risen 28.8% over the past year and hit a new 52-week high of $50.44 in earlier trading.

Citi analysts are very positive on the stock and have a 12-month share price target of $53 on it.

There was no price-sensitive news from the company last month.

Computershare Ltd (ASX: CPU)

This ASX All Ords industrial share is currently $26.36, down 0.42% today and up 12.5% over the past year.

The Computershare share price hit a 52-week high of $28.44 in April.

There was no price-sensitive news from the ASX All Ords company last month.

Telix Pharmaceuticals Ltd (ASX: TLX)

This ASX All Ords healthcare share is changing hands for $18.27 per share, up 1.02% today.

Telix shares are up 64.3% over the past year. They hit a 52-week high of $19.06 last month.

Bell Potter says buy and gives the stock a 12-month share price target of $19. 

Last month the company reported on progress for the approval for its kidney cancer imaging agent with the United States Food and Drug Administration (FDA).

Telix also dumped its plans for a NASDAQ listing last month.

Suncorp Group Ltd (ASX: SUN)

This ASX All Ords financial share is slightly in the red today at $17.12, down 0.058%.

The Suncorp share price got a big boost last week when the Federal Treasurer green-lighted the sale of its banking division to Big Four bank ANZ Group Holdings Ltd (ASX: ANZ). 

Suncorp shares are up 27.5% over the past year and reached a 52-week high of $17.73 last week.

Nextdc Ltd (ASX: NXT)

This ASX All Ords technology share is certainly riding the artificial intelligence tailwind.

The CEO of data centre-as-a-service operator, Craig Scroggie, described AI as "the fourth industrial revolution" in a recent interview published on asx.com.au.

The NextDC share price is $17.47 on Tuesday, down 0.14% today and up 41% over the past year.

It hit a 52-week high of $18.50 last month.

Morgans has an add rating on Nextdc with a $19 price target on its shares. Morgan Stanley has an overweight rating with a $20 price target.

There was no price-sensitive news from the company last month.

Nick Scali Limited (ASX: NCK)

This ASX All Ords consumer discretionary share is trading at $13.26, down 0.14% today.

Nick Scali shares are up 44% over the past year. They hit a 52-week high of $16.03 in April.

There was no price-sensitive news from the furniture company last month.

Corporate Travel Management Ltd (ASX: CTD)

The Corporate Travel share price is $13.30, down 1.12% today and down 25.8% over the past year.

This ASX All Ords travel share hit a 52-week high of $21.49 in January but has sunk lower since.

My colleague Tristan reckons the travel share could be the "bargain of the year".

There was no price-sensitive news from the company last month.

Champion Iron Ltd (ASX: CIA)

The Champion Iron share price is $6.44, down 1.08% today and up 8% over the past year.

This ASX All Ords iron ore share hit a 52-week high of $8.75 in January.

Broker Macquarie raised its rating to outperform last month with a $7.90 price target.

There was no price-sensitive news from Champion Iron last month.

Beacon Lighting Group Ltd (ASX: BLX)

The Beacon Lighting share price is $2.45, down 2% today and up 51.2% over the past year.

The ASX All Ords share hit a 52-week high of $3.09 in April.

There was no price-sensitive news from the company last month.

Citigroup is an advertising partner of The Ascent, a Motley Fool company. Motley Fool contributor Bronwyn Allen has positions in Anz Group, Macquarie Group, and Nick Scali. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Corporate Travel Management, Macquarie Group, and Telix Pharmaceuticals. The Motley Fool Australia has positions in and has recommended Corporate Travel Management and Macquarie Group. The Motley Fool Australia has recommended Nick Scali and Telix Pharmaceuticals. 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

Broker looking at the share price.
Broker Notes

These 2 ASX 200 stocks just scored substantial broker upgrades

Top brokers foresee some significant gains from these two ASX 200 stocks. But why?

Read more »

A stopwatch ticking close to the 12 where the words on the face say 'Time to Buy' indicating its the bottom of the falling market and time to buy ASX shares
Broker Notes

Leading brokers name 3 ASX shares to buy today

Here's why brokers believe that now could be the time to snap up these shares.

Read more »

A man in a business suit peers through binoculars as two businesswomen stand beside him looking straight ahead at the camera.
Broker Notes

What this expert predicts will be the best-performing ASX sectors in FY25

These sectors could be the ones to watch, according to one expert.

Read more »

A female broker in a red jacket whispers in the ear of a man who has a surprised look on his face as she explains which two ASX 200 shares should do well in today's volatile climate
Broker Notes

Buy this ASX 200 stock for 20% upside and a 6% dividend yield

Looking for big returns? Bell Potter thinks this is the stock to buy.

Read more »

a young woman raises her hands in joyful celebration as she sits at her computer in a home environment.
Broker Notes

These ASX shares could rise 25% to 30%

Big returns could be on offer with these shares according to analysts.

Read more »

Two male professional analysts discuss share price movements shown on the computer screen in front of them, with one pointing to a screen
Broker Notes

Top brokers name 3 ASX shares to buy next week

Brokers gave buy ratings to these ASX shares last week. Why are they bullish?

Read more »

Four people gather around laptop and cheer
Broker Notes

3 of the best ASX 200 stocks to buy in FY25

Big returns and buy ratings. That's what Bell Potter is saying about these shares.

Read more »

A man sits in deep thought with a pen held to his lips as he ponders his computer screen with a laptop open next to him on his desk in a home office environment.
Broker Notes

Brokers name 3 ASX shares to buy now

Here's why brokers are feeling bullish about these three shares this week.

Read more »