It might be a red day for the S&P/ASX 200 Index (ASX: XJO) on Thursday, but that hasn’t stopped a handful of shares from reaching 52-week highs today.
In afternoon trade, the Aussie benchmark index is 0.5% worse for wear, treading around 7,450 points. Yet, a select few ASX 200 constituents are being embraced amongst the sour session.
These ASX 200 shares are being celebrated today
Endeavour Group Ltd (ASX: EDV)
Following on from hitting a new all-time high yesterday, the Dan Murphy’s and BWS owner is setting new records again today. Shares in Endeavour Group have lifted more than 1% during trade to reach $7.66.
However, there’s not a whole lot of new information out from the company today. Insinuating the company’s shares might still be revelling in an improved outlook from Goldman Sachs. The broker set its price target for Endeavour Group at $8 per share.
New Hope Corporation Limited (ASX: NHC)
The next ASX 200 share leaving the market green with envy is coal producer New Hope Corporation. Shares are making the trek upwards today despite there not being any announcements from the $3.1 billion energy giant. At the time of writing, the New Hope share price is up 2.2% to $3.79 — with an intraday high of $3.80.
For reference, this stampede into positive territory has continued after non-exec director and non-exec chair Thomas Millner and Robert Millner acquired more shares. According to the filings, the two board members added more than $1.68 million worth of New Hope shares across 4 April and 5 April.
Worley Ltd (ASX: WOR)
Finally, Worley is another new 52-week high candidate today. Although, the engineering services company has slipped into the negative as the day has gone on. Regardless, Worley shares climbed to $13.89 shortly after the market opened. Now that price is closer to $13.50 as we head into the afternoon.
This ASX 200 share is another name hitting the new high milestone without much substance today. Despite Worley shares charging 10% higher in the last month, the company hasn’t released a price-sensitive announcement since 23 February, which was its half-year results.
The post 3 ASX 200 shares smashing 52-week highs on Thursday appeared first on The Motley Fool Australia.
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More reading
- A toast! The Endeavour share price just hit an all-time high
- In a sea of red, these ASX 200 coal shares are floating above water. Here’s why
- Could these ASX shares be set to benefit from increasing Russian sanctions?
- Federal budget: Goldman Sachs names 4 ASX shares to buy
- Here’s a look at some ASX shares with ex-dividend dates coming up in April
Motley Fool contributor Mitchell Lawler has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. 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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