4 excellent ASX 200 blue chip shares to supercharge your investment portfolio

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Investors that are wanting to add some ASX 200 blue chip shares to their portfolio this month might want to check out the four listed below.

These ASX 200 shares have all been named as buys recently by analysts and tipped to rise from current levels. Here’s what you need to know about them:

Brambles Limited (ASX: BXB)

The first ASX 200 blue chip share that could be a buy according to analysts is Brambles.

It is one of the world’s leading supply chain solutions companies. It specialises in reusable pallets, crates, and containers for shared use.

Morgan Stanley is feeling positive about the company. It highlights the significant discount that its shares are trading at compared to five-year multiples. This is despite its belief that Brambles is about to enter a period of growth and announce large buybacks.

Last month, the broker upgraded its shares to an overweight rating with a $16.60 price target.

Flight Centre Travel Group Ltd (ASX: FLT)

Another ASX 200 blue chip share that could be in the buy zone is Flight Centre. It is a travel agent giant with leisure and corporate travel operations across the world.

Analysts at Morgans are still very positive about the company’s outlook. They highlight that “FLT has the greatest risk, reward profile of our travel stocks under coverage.”

In light of this, the broker has put an add rating and $27.27 price target on its shares.

Goodman Group (ASX: GMG)

A third ASX 200 blue chip share that has been tipped as a buy is Goodman Group. It is a leading integrated commercial and industrial property company with a world class portfolio of in-demand assets across the globe.

Citi is very positive on the company and believes it is one of the best picks in the Asian region. Particularly given its strong growth outlook thanks to its warehouse and data centre developments.

And while its shares trade at a premium to global peers, the broker believes this is deserved. Citi has a buy rating and $40.00 price target on Goodman’s shares.

Treasury Wine Estates Ltd (ASX: TWE)

Finally, analysts at Morgans think that Treasury Wine could be an ASX 200 blue chip share to buy.

It is the wine giant behind popular brands including Penfolds, Wolf Blass, 19 Crimes, and Blossom Hill. It also recently added to its portfolio with the major U.S. acquisition of DAOU Vineyards. Morgans notes that “the acquisition is in line with TWE’s premiumisation and growth strategy and will strengthen a key gap in Treasury Americas (TA) portfolio.”

Morgans currently has an add rating and $15.03 price target on its shares.

The post 4 excellent ASX 200 blue chip shares to supercharge your investment portfolio appeared first on The Motley Fool Australia.

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Citigroup is an advertising partner of The Ascent, a Motley Fool company. Motley Fool contributor James Mickleboro has positions in Treasury Wine Estates. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Goodman Group. The Motley Fool Australia has recommended Flight Centre Travel Group, Goodman Group, and Treasury Wine Estates. 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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