These ASX 200 shares could rise 30% to 65%

Analysts are tipping these shares to rise strongly from where they currently trade.

| More on:
Person pointing at an increasing blue graph which represents a rising share price.

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

Are you looking for big returns for your investment portfolio? If you are, it could pay to look at the three ASX 200 shares named below.

Here's what sort of returns could be on offer with these shares according to analysts:

IDP Education Ltd (ASX: IEL)

A recent note out of Goldman Sachs reveals that its analysts think this language testing and student placement company's shares are very cheap.

While the broker acknowledges that times have been hard for IDP Education recently, it feels that a change is coming and it deserves a premium valuation. It said:

We believe IEL's premium valuation is justified given the medium-term earnings potential driven by: (1) Structural growth in multi-destination placements, supplemented by an ongoing Australian recovery; (2) Ability to grow market share in the highly fragmented Canadian and UK SP markets; (3) Reinvestment in digital capabilities to increase competitive moat and generate new earnings streams.

Goldman has a buy rating and $19.85 price target on its shares. This implies potential upside of 44% for investors over the next 12 months.

Johns Lyng Group Ltd (ASX: JLG)

Morgans believes that Johns Lyng could be an ASX 200 share to buy. It is an insurance building and restoration services company.

The broker responded very positively to the recent announcement of a new acquisition. It said:

We see Keystone as highly complementary to JLG's existing IB&RS business, which provides further scale to the group's domestic operations (particularly within QLD) as well as increased exposure to commercial and large loss claims work. Incorporating Keystone into our forecasts see our EBITDA upgraded by ~7% in FY25-27F, while increased level of debt to fund Keystone (and SSKB & Chill-rite), sees our EPS forecasts increase ~4%.

Morgans has an add rating and $5.10 price target on the ASX share. This suggests that its shares could rise 30% from current levels.

Megaport Ltd (ASX: MP1)

Finally, Goldman Sachs thinks that Megaport could be an ASX 200 share with major upside potential.

It is network as a service provider that the broker believes is well-positioned for growth due to structural tailwinds and the cloud computing boom. Goldman commented:

We believe MP1 will benefit from strong structural tailwinds from the adoption of public cloud including multi-cloud usage and the transition towards NaaS technologies.

Goldman Sachs has a buy rating and $12.00 price target on the company's shares. This implies potential upside of 65% for investors over the next 12 months.

Should you invest $1,000 in Idp Education right now?

Before you buy Idp Education shares, consider this:

Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now... and Idp Education wasn't one of them.

The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

And right now, Scott thinks there are 5 stocks that may be better buys...

See The 5 Stocks *Returns as of 6 March 2025

Motley Fool contributor James Mickleboro has positions in Megaport. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Goldman Sachs Group, Idp Education, and Megaport. The Motley Fool Australia has recommended Johns Lyng Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Growth Shares

Two smiling work colleagues discuss an investment or business plan at their office.
Growth Shares

3 ASX growth shares down 30% or more to buy right now

Analysts are expecting these shares to rebound strongly from recent weakness.

Read more »

A man sees some good news on his phone and gives a little cheer.
Growth Shares

Why these ASX growth shares could rise 30%+

Analysts think these shares are undervalued. Let's see what they are saying.

Read more »

A young man pointing up looking amazed, indicating a surging share price movement for an ASX company
Growth Shares

3 fantastic ASX 200 growth shares to buy with $20,000

Brokers think these shares are going places. Let's see what they are.

Read more »

a woman holds a facebook like thumbs up sign high above her head. She has a very happy smile on her face.
Growth Shares

1 magnificent ASX stock down 33% to buy and hold forever

Analysts think that this fallen angel could be a quality buy right now.

Read more »

Hand holding Australian dollar (AUD) bills, symbolising ex dividend day. Passive income.
Growth Shares

Got $2,000 to invest? These ASX shares could rise 30% to 60%

Analysts are tipping these shares to rise strongly from current levels.

Read more »

A man holding a cup of coffee puts his thumb up and smiles while at laptop.
Growth Shares

Macquarie tips these ASX growth shares as buys

The broker is feeling bullish about these top shares. Let's see why.

Read more »

a man looks down at his phone with a look of happy surprise on his face as though he is thrilled with good news.
Growth Shares

5 top ASX stocks to buy now with $5,000

Analysts are recommending these stocks as top buys right now.

Read more »

Man holding out Australian dollar notes, symbolising dividends.
Growth Shares

Top ASX stocks to buy right now with $7,000

Analysts think these shares would be top picks for your money.

Read more »