It’s been a tough start to the year for S&P/ASX 200 Index (ASX: XJO) stocks. Fortunately, brokers have tipped plenty of ASX 200 growth shares to keep an eye on over the rest of this year.
Among them are some old favourites and others that might come as a surprise.
Let’s take a look at which shares experts are predicting will perform well in 2022.
3 ASX 200 growth shares brokers expect to rocket in 2022
Domino’s Pizza Enterprises Ltd. (ASX: DMP)
The Domino’s Pizza share price is one that has caught brokers’ attention this year.
As The Motley Fool Australia recently reported, Goldman Sachs has a price target of $136.20 on the stock. That signals a 30% upside on its current share price of $104.26.
The broker is expecting strong growth from the company’s soon-to-be-released earnings for the first half of financial year 2022.
Meanwhile, UBS has slapped it with a smaller price target – expecting it to get to $120 – and a ‘buy’ rating. That represents a 15% upside.
IDP Education Ltd (ASX: IEL)
Another ASX 200 share worth watching, according to brokers, is IDP Education.
The company helps international students’ study in English speaking countries. It also owns the International English Language Testing System.
According to reporting by my Foolish colleague James Mickleboro, the company could be set for strong growth this year as international students return to their studies.
UBS currently has a $35.90 price target and a ‘buy’ rating on IDP Education’s shares, representing a 24% upside on its current share price of $28.94.
Goodman Group (ASX: GMG)
Finally, real estate investment trust (REIT) Goodman Group has brokers excited in 2022.
The REIT focuses on industrial real estate such as logistics and industrial facilities, warehouses, and business parks.
As The Motley Fool Australia recently reported, Citi has slapped the Goodman Group’s stock with a $27.50 price target – 20% higher than its current share price of $22.75.
The post Top brokers say there are still ASX 200 growth shares with massive upside in 2022 appeared first on The Motley Fool Australia.
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More reading
- Here are 3 highly-rated ASX growth shares
- 3 buy-rated ASX growth shares to make you smile
- 3 buy-rated ASX 200 shares with plenty of upside potential
- IDP Education (ASX:IEL) share price tumbles after record result falls short of expectations
- How are ASX Real Estate Investment Trusts (REITs) performing in 2022?
Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns and has recommended Idp Education Pty Ltd. The Motley Fool Australia has recommended Dominos Pizza Enterprises Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.
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