Analysts name 3 strong blue chip ASX 200 shares to buy in December

Let's see which blue chips are bring tipped as buys by analysts right now.

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Have you got space for some blue chip ASX 200 shares in your portfolio this month?

If you do, then it could pay to look at the top blue chips listed below.

That's because analysts are feeling bullish about them right now and believe they could be great additions to a balanced investment portfolio.

Here's what you need to know about these quality blue chips:

Goodman Group (ASX: GMG)

Goodman Group is the first blue chip ASX 200 share that could be worth considering according to analysts.

As a leading integrated commercial and industrial property company, Goodman has spent the last decade building a world-class portfolio of high-demand properties in key growth sectors such as data centres, e-commerce, and logistics. This strategic focus has driven strong earnings growth over the years.

Looking ahead, analysts at Morgan Stanley believe the company's substantial development pipeline and ongoing strong demand position it well for continued growth.

It is for this reason that the broker recently put an overweight rating and $42.40 price target on its shares.

REA Group Limited (ASX: REA)

REA Group is another blue chip ASX 200 share that has recently been recommended as a buy by analysts.

It is the market leader in online real estate listings in Australia, operating the dominant realestate.com.au website.

The company has delivered consistent growth for over a decade and appears well-positioned to maintain this trajectory. Its growth is being supported by new revenue streams, strong pricing power, its international operations, and strategic acquisitions.

The team at UBS is feeling optimistic about REA's outlook. The broker recently put a buy rating on its shares with a price target of $268.00.

Treasury Wine Estates Ltd (ASX: TWE)

Finally, Treasury Wine Estates is a third blue chip ASX 200 share that analysts believe could be in the buy zone right now.

It is a leading wine company that owns a portfolio of iconic brands such as Penfolds, Wolf Blass, Lindeman's, and 19 Crimes.

The team at Morgans is optimistic about the stock, particularly if the recent acquisition of DAOU Vineyards meets expectations. The broker highlights that the acquisition aligns with Treasury Wine's premiumisation and growth strategy, strengthening a key gap in its Treasury Americas portfolio.

Furthermore, Morgans notes that if the company delivers on its investment case, there could be significant upside to its valuation.

The broker currently has an add rating on the stock with a $14.80 price target.

Motley Fool contributor James Mickleboro has positions in Treasury Wine Estates. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Goodman Group. The Motley Fool Australia has recommended Goodman Group and Treasury Wine Estates. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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