Many of Australia’s top brokers have been busy adjusting their financial models and recommendations again. This has led to the release of a number of broker notes this week.
Three ASX shares that brokers have named as buys this week are listed below. Here’s why their analysts are feeling bullish on them right now:
Alkane Resources Ltd (ASX: ALK)
According to a note out of Bell Potter, its analysts have retained their buy rating and $1.95 price target on this gold miner’s shares. This follows the release of a half-year update that revealed a step-up in operational and financial performance in the second quarter. The broker believes that if Alkane maintains consistent delivery at this level, the market will continue to positively re-rate its shares. Outside this, it likes the company due to it offering multi-mine gold and antimony exposure across three attractive jurisdictions, a strong balance sheet, and an operating platform focused on organic and inorganic growth options. The Alkane Resources share price is trading at $1.67 on Wednesday.
Paladin Energy Ltd (ASX: PDN)
Another note out of Bell Potter reveals that its analysts have retained their buy rating and $15.30 price target on this uranium producer’s shares. The broker was pleased with Paladin Energy’s half-year results, highlighting that revenue and costs were slightly better than expected. This led to a beat on the bottom line. Looking ahead, Bell Potter notes that Paladin Energy is positively exposed to rising uranium markets, with ~53% exposure to spot prices out to 2030. It also points out that production at LHM continues to improve. The only risk it sees is water disruptions as it enters a seasonally tricky period known for algal blooms which impact availability from the desalination plant. The Paladin Energy share price is fetching $11.60 at the time of writing.
Seek Ltd (ASX: SEK)
Analysts at Morgans have upgraded this job listings company’s shares to a buy rating with a $27.50 price target. This follows the release of a half-year result that was largely in line with expectations. Seek posted a 12% increase in revenue and a 35% jump in net profit. In light of this, Morgans thinks that recent share price weakness has created a buying opportunity for investors. However, it concedes that Seek still has many questions to answer on the AI threat. The Seek share price is trading at $15.98 this afternoon.
The post Top brokers name 3 ASX shares to buy today appeared first on The Motley Fool Australia.
Should you invest $1,000 in Alkane Resources right now?
Before you buy Alkane Resources shares, consider this:
Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Alkane Resources wasn’t one of them.
The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
And right now, Scott thinks there are 5 stocks that may be better buys…
* Returns as of 1 Jan 2026
.custom-cta-button p {
margin-bottom: 0 !important;
}
More reading
- Are Seek shares a buy after its FY26 half-year results?
- This ASX 200 stock just announced a huge dividend hike
- Seek shares edge higher on HY results and sale of Employment Hero stake
- SEEK delivers double-digit growth and record dividend in FY26 half-year results
- Why this $2.4b ASX gold stock could be a top buy
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.