The good news for income investors is that there are a large number of ASX 200 stocks that share a good portion of their profits with shareholders. This makes the share market a great place to generate passive income.

But which ASX 200 shares would be good options right now for a passive income boost? Two that have recently been rated as buys are named below:

BHP Group Ltd (ASX: BHP)

If you’re not averse to investing in the mining sector, then BHP could be a top option for income investors. That’s because this mining giant has been tipped to provide investors with some very big dividend yields in the near future.

For example, a note out of Goldman Sachs from this morning reveals that its analysts are forecasting fully franked dividend yields of 7% in FY 2023 and 5.6% in FY 2024. This means that $10,000 invested could provide passive income of $700 and $560, respectively.

Another positive is that the broker also sees scope for the BHP share price to rise from current levels. It currently has a buy rating and $49.90 price target on its shares. This implies potential upside of 13.5% over the next 12 months.

Centuria Industrial Reit (ASX: CIP)

Another ASX 200 dividend share that could provide investors with a source of passive income is Centuria Industrial.

It is an industrial-focused property company that owns a portfolio of 88 high-quality, fit-for-purpose industrial assets worth a total of $3.9 billion. These assets are in-demand with users thanks partly to being situated in key in-fill locations and close to key infrastructure.

UBS is very positive on the company and is expecting it to pay dividends per share of 16 cents in both FY 2023 and FY 2024. Based on the current Centuria Industrial share price of $3.13, this represents yields of 5.1% in both financial years. This means that $10,000 invested in its shares could yield $510 of passive income each year.

The broker also sees decent upside for its shares with its buy rating and $3.68 price target.

The post Analysts name 2 ASX 200 dividend shares to buy for passive income appeared first on The Motley Fool Australia.

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More reading

• 4 ASX 200 shares just upgraded by brokers
• Why the iron ore price is ‘not out of the danger zone’
• Why Goldman Sachs just slapped a buy rating on BHP shares
• Investing for passive income? Here’s your dividend yield if you bought BHP shares in July
• Bye bye OZ Minerals shares

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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In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a modest decline. At the time of writing, the benchmark index is down slightly to 7,191.2 points.

Four ASX shares that are not letting that hold them back are listed below. Here’s why these shares are rising:

CogState Limited (ASX: CGS)

The CogState share price is up 13% to $1.72. Investors have been scrambling to buy this neuroscience technology company’s shares after Eli Lilly and Company announced positive results from a Phase 3 study in Alzheimer’s disease. Its investigational treatment, donanemab, significantly slowed cognitive and functional decline in people with early symptomatic Alzheimer’s disease. This bodes well for demand for CogState’s services.

Jumbo Interactive Ltd (ASX: JIN)

The Jumbo share price is up 5.5% to $14.33. This morning, Goldman Sachs responded positively to this lottery ticket seller’s trading update by reiterating its buy rating with an improved price target of $16.10. Goldman was pleased with Jumbo’s proposed pricing changes, which the broker expects to have a positive impact on its earnings outlook.

Magellan Financial Group Ltd (ASX: MFG)

The Magellan share price is up 3.5% to $8.32. This is despite the struggling fund manager releasing another bleak funds under management (FUM) update this morning. Magellan advised that it experienced net outflows of $2.4 billion during April. Though, thanks to favourable market movements, its FUM only declined by $500 million month on month.

St Barbara Ltd (ASX: SBM)

The St Barbara share price is up 10% to 70.25 cents. This follows a rise in the gold price, which is lifting the whole industry today. In addition, the gold miner has put its shares in a trading halt this afternoon. This appears to be related to news involving gold developer Genesis Minerals Ltd (ASX: GMD), which has also been paused from trade.

The post Why CogState, Jumbo, Magellan, and St Barbara shares are rising today appeared first on The Motley Fool Australia.

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More reading

• Why Genesis Minerals, NAB, oOh!Media, and Super Retail shares are sinking today
• Why Flight Centre, Jumbo, Pilbara Minerals, and Ramelius shares are charging higher
• 5 things to watch on the ASX 200 on Friday
• 3 ASX 300 mining shares climbing following quarterly updates
• 12 ASX dividend shares with yields over 10%. Are they too good to be true?

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 positions in and has recommended Cogstate and Jumbo Interactive. The Motley Fool Australia has positions in and has recommended Cogstate. The Motley Fool Australia has recommended Jumbo Interactive. 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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S&P/ASX 200 Index (ASX: XJO) shares are recovering from this morning’s 55-point dip shortly after the open.

But they remain in the red at the time of writing.

ASX 200 shares are currently sitting at 7,183.2 points, down 0.2%.

As reported in The Australian today, brokers have upgraded the following four ASX 200 shares.

Let’s take a look.

BHP Group Ltd (ASX: BHP)

The BHP share price is currently $43.96, up 1.6% for the day so far.

Goldman Sachs has increased its rating on the ASX 200 mining share to buy with a price target of $49.90. This implies a potential upside of 13.5% over the next 12 months.

The broker has now incorporated the value of BHP’s acquisition of Oz Minerals into its pricing. It thinks there is good value in these blue-chip ASX 200 shares right now.

Goldman says:

… we upgrade BHP to Buy (from Neutral) based on attractive valuation after the recent ~15% drop in the stock price since January.

The slide in share price is due to the recent drop in iron ore and copper prices on the back lower than expected Chinese steel demand and developed market copper demand in 1Q.

BHP shares are down 3% in the year to date.

Flight Centre Travel Group Ltd (ASX: FLT)

The Flight Centre share price is currently $20.89, up 0.4% for the day so far.

Morgans has raised the ASX 200 travel share to add; however, Jefferies has gone the other way.

Jeffries cut its rating to underperform with a 12-month share price target of $18.

The ASX 200 travel share added 2% yesterday after the company updated its guidance.

Flight Centre is now targeting between $270 million and $290 million of underlying earnings before interest, tax, depreciation, and amortisation (EBITDA).

Flight Centre also reported a record-breaking month for March.

Total transaction value (TTV) on its leisure and corporate legs surpassed $1 billion for the first time ever.

Flight Centre shares are up 45% over the year to date.

Amcor CDI (ASX: AMC)

The Amcor share price is currently $15, up 0.6% for the day so far.

JPMorgan has raised its rating on the ASX 200 packaging company to overweight with a share price target of $16.30.

Competing broker Jefferies has also raised its rating to hold with a price target of $14.

Amcor released its Q3 FY23 update yesterday, revealing a 34% decline in quarterly net income to US$177 million. This led to management downgrading its full-year earnings guidance.

Amcor now expects to deliver earnings per share (EPS) of between 72 US cents to 74 US cents. The previous guidance was 77 US cents to 81 US cents.

Amcor announced an unfranked dividend of 12.25 US cents to be paid on 20 June.

As we reported, the Amcor share price dropped to a 52-week low of $14.68 yesterday.

The ASX 200 share has taken a 14% hit over the year to date.

Ramsay Health Care Ltd (ASX: RHC)

The Ramsay share price is currently $60.06, down 2.9% for the day so far.

CSLA has raised its rating on the ASX 200 healthcare share to accumulate with a $67 price target.

Meantime, Wilsons has cut its rating to market weight with a price target of $65.88.

Investors weren’t too impressed with Ramsay’s Q3 FY23 business update yesterday.

Ramsay reported a 6.6% bump in its financial year-to-date EBITDA.

This sent the Ramsay share price down 5%.

Ramsay told the market today that it’s launching two medium-term note programs.

The ASX 200’s shares are down 6.7% over the year to date.

The post 4 ASX 200 shares just upgraded by brokers appeared first on The Motley Fool Australia.

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More reading

• How did the Flight Centre share price manage to flog the ASX 200 in April?
• Why the iron ore price is ‘not out of the danger zone’
• Why are these ASX shares at 52-week lows?
• Why Goldman Sachs just slapped a buy rating on BHP shares
• Here are the top 10 ASX 200 shares today

JPMorgan Chase is an advertising partner of The Ascent, a Motley Fool company. Motley Fool contributor Bronwyn Allen has positions in BHP Group and Flight Centre Travel Group. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Goldman Sachs Group, JPMorgan Chase, and Jefferies Financial Group. The Motley Fool Australia has positions in and has recommended Amcor Plc. The Motley Fool Australia has recommended Flight Centre Travel Group. 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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There is an ASX All Ords share flying under-the-radar that one portfolio manager is getting very excited about right now.

That share is the little known IPD Group Ltd (ASX: IPG), which currently has a market capitalisation of approximately $320 million.

IPD is a national distributor and service provider to the Australian electrical market. Think of it as the Dicker Data Ltd (ASX: DDR) of electrical infrastructure products.

Its core focus in the products division is the sale of electrical infrastructure products to customers including switchboard manufacturers, electrical wholesalers, electrical contractors, power utilities, OEMs and system integrators.

The company also provides a range of value-added services. This includes custom assembly, sourcing, engineering design, technical compliance, procurement, transport, storage, regulatory management, technical support, packaging, labelling, inventory management and delivery.

Who is bullish on this ASX All Ords share?

The portfolio manager that has been raving about this ASX All Ords share is Josh Clark from QVG Capital’s long-short fund.

While Clark may be going short on some stocks, he is well and truly going long on this one.

According to the AFR, the portfolio manager believes IPD is well-placed to grow strongly for a long period of time. He explains:

IPD is a distributor to the electrical industry providing products not unlike the circuit breakers in your home but on an industrial scale. Think hospitals, data centres, engineering applications, utilities etc. We like it because they have the ingredients to dramatically increase their market share over the next decade.

They compete against a large, foreign-owned incumbent and a small handful of independents, all of whom are in maintenance mode. We’ve seen this movie before with companies like Dicker Data, which have been more agile and customer-focused than their foreign competition, allowing them to grow at high rates for long periods of time.

All in all, this could make IPD an ASX All Ords share to keep a very close eye on.

The post The under-the-radar ASX All Ords share that could ‘grow at high rates for long periods of time’ appeared first on The Motley Fool Australia.

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More reading

• ‘Rerating likely’: 2 ASX shares to buy before they take off
• ’20-fold increase’: 3 ASX shares that’ll rocket sooner or later

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 positions in and has recommended Dicker Data and Ipd Group. The Motley Fool Australia has positions in and has recommended Dicker Data. The Motley Fool Australia has recommended Ipd Group. 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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