If you’re looking for blue chip ASX 200 shares to buy, then you may want to check out the two listed below that brokers are particularly positive on.

Here’s what you need to know about them:

Goodman Group (ASX: GMG)

The first ASX 200 blue chip share to buy could be Goodman. It is a leading industrial property company with a world class portfolio of assets spanning the globe.

It has been growing at a strong rate for years and shows no signs of slowing. In fact, management recently upgraded its earnings guidance for FY 2023. This has been driven by ongoing tailwinds for industrial property underpinning strong market rent growth.

This went down well with Citi, which responded by retaining its buy rating with an improved price target of $24.30. Citi commented:

The update highlighted ongoing tailwinds for industrial with strong market rent growth improving the future rental upside on GMG’s book. Record low vacancy has driven ongoing development demand resulting in a strong development workbook with $13bn in WIP, with near-term growth in developments from less time taken to develop (which will boost annual earnings).

Telstra Corporation Ltd (ASX: TLS)

Another ASX 200 blue chip share that is rated highly by analysts is telco giant Telstra.

Morgans is very positive on the company due to favourable industry conditions and the potential for value to be unlocked from asset divestments. Its analysts currently have an add rating and $4.70 price target on its shares. The broker commented:

Telco has the strongest tailwinds in a decade with an increasingly rational market, price rises across the majors and the criticality of telco increasingly recognised. The last major mobile operator Vodafone/TPG increased mobile prices by ~$5 per month in January 2023 and all key players are behaving economically rational. This combines with catalysts including the potential for InfraCo value release following the legal restructure.

The post 2 ASX 200 blue chip shares that brokers love appeared first on The Motley Fool Australia.

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More reading

• ‘Bright outlook’: 2 ‘high quality’ ASX 200 shares to pounce on now 
• Broker says mobile price increases are good news for the Telstra share price
• 5 things to watch on the ASX 200 on Tuesday
• I think this ASX 200 share is heavily underrated by the market
• 3 reasons I’m tipping the Telstra share price to keep rising in 2023

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 positions in and has recommended Telstra Group. The Motley Fool Australia has recommended Goodman 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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Australia and New Zealand Banking Group Ltd (ASX: ANZ) shares closed up 0.17% in trade on Wednesday.

Meanwhile, the S&P/ASX 200 Index (ASX: XJO) closed 0.49% lower today.

That’s today’s price action for you.

Now, will ANZ shares eventually include Suncorp Group Ltd’s (ASX: SUN) banking segment?

What’s happening with the Suncorp banking acquisition?

ANZ first announced its intention to acquire Suncorp Bank on 18 July. ANZ shares rallied in the days that followed.

But before the deal can go through it needs to be approved by a number of regulatory agencies, including the Australian Prudential Regulation Authority (APRA) and treasurer Jim Chalmers.

First on that list, however, is the Australian Competition and Consumer Commission (ACCC).

ANZ delivered its merger authorisation application to the ACCC on 2 December.

The ACCC stated:     

The test for merger authorisation is that the ACCC must be satisfied that either the transaction will not be likely to substantially lessen competition, or that the public benefits outweigh the public detriments

However, the initial applications may not have been sufficient to convince the regulator that the deal is in the companies’ and the public’s best interests.

As The Australian Financial Review reports, ANZ and Suncorp are redoubling their efforts for ACCC approval. They say that the higher funding costs faced by regional banks skew the field in favour of the bigger institutions.

Citing bank sources, who reported that the last round of submissions were lodged with the ACCC yesterday, the AFR said that banks hope to convince the regulator of the stiff competition in a sector dominated by the big four banks.

ANZ believes that the ACCC relied on out-of-date information when assessing the level of competition. And that the regulator didn’t properly take into account the ongoing banking crisis in the United States.

Suncorp was said to be pushing for the sale of its banking segment so it could fully focus on its insurance business.

Earlier in May, ANZ CEO Shayne Elliott said (quoted by the AFR):

I would expect that ACCC, if a big bank wants to buy a small bank, there would obviously be a whole range of things they should be concerned about. We are very firmly of the view that a lot of submissions were based on material that was very dated. We are confident we will be a more effective competitor.”

One way or another, investors should know whether ANZ shares will encompass the Suncorp banking segment in July when the ACCC is expected to report its decision.

How have ANZ shares been tracking?

Although ANZ shares are down 7.19% over the past 12 months, that’s still the best performance among the big four Aussie banks.

Year to date the ANZ share price is the only one of the big four in the green, up 2.48%.

The post Investing in ANZ shares? Here’s what’s happening with the bank’s $3.5 billion Suncorp acquisition appeared first on The Motley Fool Australia.

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More reading

• Citi says these ASX 200 dividend shares are buys for passive income
• Warren Buffett is dumping bank stocks. Should you?
• Here’s what Goldman Sachs is saying about the IAG share price
• Why ANZ, Elders, Nanosonics, and Pointsbet shares are falling today
• Why is the ANZ share price sinking on Monday?

Motley Fool contributor Bernd Struben 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 S&P/ASX 200 Index (ASX: XJO) slumped once more on Wednesday, dropping 0.49% to close the session at 7,199.2 points.

It followed an equally disappointing session on Wall Street overnight. The Dow Jones Industrial Average Index (DJX: .DJI) fell 1% as most of Australia slept, while the S&P 500 Index (SP: .INX) dropped 0.6%, and the Nasdaq Composite Index (NASDAQ: .IXIC) slumped 0.2%.

The United States market struggled amid reports the nation’s government is approaching its debt ceiling, which carries the potential to spark a recession.

But that wasn’t the only news perused by investors today. Australia’s wage price index (WPI) was found to have risen 0.8% in the March quarter and 3.7% over the year, according to Australian Bureau of Statistics (ABS) data.

That likely saw many let out a sigh of relief as it came in below forecasts, suggesting the Reserve Bank of Australia could hold off on another rate hike for now, Reuters reports.

Leading the Aussie bourse today was the S&P/ASX 200 Information Technology Index (ASX: XIJ), gaining 0.9%. Meanwhile, the S&P/ASX 200 Materials Index (ASX: XMJ) weighed heaviest, falling 1%.

But which stock outperformed all others on Wednesday? Let’s take a look.

Top 10 ASX 200 shares countdown

The biggest gain on the ASX 200 today was posted by the Lake Resources N.L. (ASX: LKE) share price. The stock rose 5.7% to close at 64.5 cents on Wednesday.

These shares made today’s biggest gains:

ASX-listed company	Share price	Price change
Lake Resources N.L. (ASX: LKE)	$0.645	5.74%
Life360 Inc (ASX: 360)	$6.84	5.72%
United Malt Group Ltd (ASX: UMG)	$4.45	2.3%
Domain Holdings Australia Ltd (ASX: DHG)	$3.36	2.13%
AGL Energy Limited (ASX: AGL)	$9.01	1.92%
Xero Limited (ASX: XRO)	$94.10	1.85%
James Hardie Industries plc (ASX: JHX)	$37.43	1.71%
Ampol Ltd (ASX: ALD)	$30.72	1.59%
ARB Corporation Ltd (ASX: ARB)	$31.33	1.46%
Kelsian Group Ltd (ASX: KLS)	$6.55	1.39%

Our top 10 shares countdown is a recurring end-of-day summary to let you know which companies were making big moves on the day. Check in at Fool.com.au after the weekday market closes to see which stocks make the countdown.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

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More reading

• Top brokers name 3 ASX shares to buy today
• Why Life360, Pointsbet, Serko, and Temple & Webster shares are racing higher
• This ASX 200 stock is gaining after its dividend was binned. Here are all the details
• Top broker upgrades AGL share price by 19%
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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. has positions in and has recommended ARB Corporation, Life360, and Xero. The Motley Fool Australia has positions in and has recommended Xero. The Motley Fool Australia has recommended ARB Corporation. 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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Are you on the lookout for generous dividend yields? Well, I have good news if you are!

Two ASX dividend stocks that have been named as buys and are expected to provide big yields are named below. Here’s what analysts are forecasting:

Healthco Healthcare and Wellness REIT (ASX: HCW)

Healthco Healthcare and Wellness could be an ASX dividend stock to buy according to analysts at Morgans.

It is a real estate investment trust that invests in healthcare and wellness assets such as hospitals, aged care, childcare, and primary care properties.

Morgans is a fan of the company and is forecasting some attractive dividend yields in the coming years. It expects dividends per share of approximately 8 cents in both FY 2023 and FY 2024. Based on the current Healthco Healthcare and Wellness REIT unit price of $1.36, this will mean yields of 5.9% for investors.

Morgans has an add rating and $2.05 price target on its shares.

National Australia Bank Ltd (ASX: NAB)

Another ASX dividend stock that has been named as a buy is big four bank, NAB.

The team at Goldman Sachs is positive on the bank in the current environment. Its analysts note that this is because they see “volume momentum over the next 12 months as favouring commercial volumes over housing volumes and we believe NAB provides the best exposure to this thematic.”

Overall, the broker is expecting this exposure to underpin fully franked dividends of $1.66 per share in FY 2023 and FY 2024. Based on the current NAB share price of $26.19, this implies yields of 6.3% in both years.

Goldman Sachs has a buy rating and $30.69 price target on its shares.

The post These ASX dividend stocks have been tipped to offer big yields appeared first on The Motley Fool Australia.

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More reading

• Is it time to be a bull or a bear on NAB shares?
• Warren Buffett is dumping bank stocks. Should you?
• 2 ASX 200 dividend stocks brokers rate as top buys
• Bank of Queensland is offering the highest savings interest rate of any ASX bank. What might this mean for shareholders?
• NAB share price up amid following the leader on cashbacks

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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