If you’re looking for some new portfolio additions, then you may want to check out the two ASX 200 shares listed below that have been tipped to climb over 20% by analysts at Morgans.

Here’s what the broker is saying about them:

Aristocrat Leisure Limited (ASX: ALL)

Morgans is feeling bullish about this gaming technology company. Its analysts recently put an add rating and $43.00 price target on its shares.

Based on the current Aristocrat share price of $35.45, this implies potential upside of 21% for investors over the next 12 months.

Its analysts believe post-results share price weakness has created a buying opportunity for investors. It said:

Whether it was the disappointment of there being no acquisition announcements today, the negative effect of higher finance costs on future estimates, or simply a reaction to FY22 earnings coming in slightly below consensus, the 5% decline in ALL’s share price today creates a buying opportunity. We have taken our NPATA estimates down by 1.1% in FY23 and 0.9% in FY24 (higher finance costs) but, even after those adjustments, forecast 14.7% growth in FY23 and 7.9% in FY24. We reiterate our $43.00 12-month target price and ADD recommendation.

Whitehaven Coal Ltd (ASX: WHC)

Another ASX 200 share that has been tipped as a buy by analysts at Morgans is this coal miner. Earlier today, the broker reiterated its add rating with a trimmed price target of $11.20.

Based on the current Whitehaven Coal share price of $9.26, this suggests potential upside of 21% for investors. In addition, Morgans is expecting a mammoth 11.5% dividend yield, stretching the total potential return to over 32%.

The broker sees an opportunity to load up on Whitehaven Coal shares following a recent bout of profit taking. It commented:

The NEWC price correction, and likely government intervention in the domestic energy market, were easy excuses for traders to take profits, crystallising recent volatility. For investors, we see strong potential for a prolonged energy market dislocation where supply security commands a higher premium for longer. WHC is trading on a +30% free cash flow yield, with clear upside earnings/valuation risk, supporting further outsized shareholder returns over time.

The post Morgans tips these ASX 200 shares to jump 20% appeared first on The Motley Fool Australia.

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More reading

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Motley Fool contributor James Mickleboro 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 Scott Phillips.

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The ASX 200 index is home to 200 of the largest listed companies on the Australian share market.

While there are a good number of quality options on offer in the index, two that could be in the buy zone are listed below.

Here’s what you need to know about these ASX 200 shares:

CSL Limited (ASX: CSL)

The first blue chip ASX 200 share to look at is CSL. It is one of the world’s leading biotherapeutics companies.

CSL has been a very positive performer over the last decade thanks to successful acquisitions, its high level of investment in R&D activities, a growing plasma collection network, and its leading therapies and vaccines.

In respect to the latter, CSL’s portfolio includes lucrative and life-saving products such as Privigen, Hizentra, Idelvion, and Afstyla. But management never rests on its laurels and invests heavily in its R&D each year. And when I say heavily, I mean it! Each year the company invests in the region of 10% to 12% of sales into these activities. This means that it invested over US$1 billion on R&D in FY 2022. This ensures that the company has a pipeline of lucrative potential products to stay ahead of the competition and drive future growth.

One broker that is particularly positive on the company is Citi. It currently has an add rating and $340.00 price target on its shares.

Goodman Group (ASX: GMG)

Another blue chip ASX 200 share to look at is Goodman Group. It is a leading integrated commercial and industrial property company.

Goodman has a world class portfolio of in-demand warehouses, large scale logistics facilities, and business and office parks. In fact, demand is so strong that it currently boasts an occupancy rate of 99%. This helped underpin solid like-for-like net property income (NPI) growth during the first quarter despite the tough operating environment.

Looking ahead, the company appears well-placed to benefit from tight market conditions and its significant development pipeline.

Goldman Sachs is a big fan of Goodman. It currently has an overweight rating and $24.20 price target on the company’s shares.

The post 2 high quality blue chip ASX 200 shares named as buys by analysts appeared first on The Motley Fool Australia.

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More reading

• CSL share price ‘ticks all the defensive boxes’: fundie
• ‘Over 100% gain next year’: Expert picks 3 best ASX shares for 2023
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• Why this could be a ‘powerful driver of sector dominance’ for CSL shares: Wilsons

Motley Fool contributor James Mickleboro has positions in CSL Ltd. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended CSL Ltd. 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 Scott Phillips.

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AMP Ltd (ASX: AMP) shares have soared nearly 32% in the year to date.

Despite some highs and lows during the year, AMP shares have lifted from $1.01 at market close on 31 December and are now trading at a yearly high of $1.33.

Let’s take a look at how much money I would have now if I had invested in this ASX financial share at the start of the year?

Good investment?

Let’s say I had bought AMP shares for $1.01 prior to market open on 4 January.

Imagine I had put down $10,000 of my savings in this investment. I would have walked away with 9,900 shares at this price with $1 left over.

Now, these shares are worth $1.33, based on Tuesday’s closing price. So my investment would now be worth $13,167. This means I would have made $3,167 in profit year to date.

Now, let’s take a look at the bigger picture for AMP shares. On 27 January, AMP shares were fetching just 87 cents. On this day, my investment would be worth just $8,613.

However, overall, if I had bought $10,000 worth of AMP shares at the start of the year and held on to them, I would be very happy with my investment.

AMP reported positive inflows and growth across most of its operations in the third quarter. AMP bank’s loan book also lifted by $0.6 billion to $23.3 billion.

Commenting on the results, chief executive Alexis George said:

Our bank continues to grow above system with both the loan and deposit books increasing in a competitive market.

AMP share price snapshot

AMP shares have surged 32% in the past year, gaining 10% in the last month alone.

For perspective, the S&P/ASX 200 Index (ASX: XJO) has climbed 0.19% in the last year.

The company has a market capitalisation of about $4.1 billion.

The post If you’d bought $10,000 of AMP shares at the start of the year, congrats! Here’s what you’d have now appeared first on The Motley Fool Australia.

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More reading

• 3 ASX 200 shares hitting new 52-week highs on Wednesday
• Up 10% in a month, are AMP shares worth buying back into now?
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Motley Fool contributor Monica O’Shea 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 Scott Phillips.

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Telstra Group Ltd (ASX: TLS) increased its dividend for the first time in seven years in FY22. And now the dividend has received global recognition in the Janus Henderson Global Dividend Index report.

Telstra shares fell slightly today to close at $4 apiece. For perspective, the S&P/ASX 200 Index (ASX: XJO) rose 0.33% today.

Let’s take a look at the global dividend trend report in a little more detail.

What did the report say?

In Australia, there was an overall 13% decline in dividend payouts in the third quarter, according to the report. Global dividends increased 7% overall to $415.9 billion in the quarter.

BHP Group Ltd (ASX: BHP), Rio Tinto Ltd (ASX: RIO), and Commonwealth Bank of Australia (ASX: CBA) made the list of the top 20 dividend payers in the world in the third quarter.

The report also highlighted Telstra and Transurban were among ASX shares to significantly lift their dividends in the third quarter of the 2022 calendar year. The report said:

Banks accounted for one quarter of the Q3 total and made the largest contribution to growth; their payouts rose 5.8% on an underlying basis.

However, the biggest percentage increases came from Telstra and Transurban, the former returning surplus capital, despite lacklustre operating performance, and the latter recovering sharply from the lifting of lockdowns.

The Australian headline total fell by a fifth reflecting lower special dividends and weakness in the Australian dollar.

Telstra paid a fully franked final ordinary dividend of 7.5 cents per share in FY22, up 50% from 5 cents per share in FY21. This was paid in September. In addition, Telstra paid out a special dividend of 1 cent per share in FY22, down from a 3-cent special cash dividend in 2021.

As highlighted in Telstra’s annual results, the telco increased its dividend for the first time in seven years in FY22. This reflected the company completing its T22 strategy and “strong momentum” in the underlying business.

The company’s earnings per share (EPS) soared 48.5% to 14.4 cents per share. Looking ahead, Telstra is looking to grow its fully franked dividend as part of its T25 strategy.

Telstra CEO Vicki Brady said:

With cash flow generation and opportunities ahead to monetise assets (although we have made no decisions yet in this regard), we will focus on maximising our fully-franked dividend and seeking to grow it over time.

Share price snapshot

The Telstra share price has fallen 4% in the year to date, while it has climbed 2% in the last month.

For perspective, the ASX 200 has gained 0.15% in the past year.

This ASX share has a market capitalisation of more than $46.2 billion based on the current share price.

The post Guess which ‘boring’ ASX 200 share became one of the top dividend boosters of 2022 appeared first on The Motley Fool Australia.

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Motley Fool contributor Monica O’Shea 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 positions in and has recommended Telstra Corporation Limited. 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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