It has been another busy week for many of Australia’s top brokers. This has led to a number of broker notes being released.
Three broker buy ratings that you might want to know more about are summarised below. Here’s why brokers think these ASX shares are in the buy zone right now:
Catalyst Metals Ltd (ASX: CYL)
According to a note out of Morgans, its analysts have retained their buy rating on this gold miner’s shares with a trimmed price target of $15.13. Although the company’s quarterly update was a touch softer than expected, Morgans highlights that its strong cash flow generation continues to strengthen its balance sheet. In addition, the broker has been pleased with its exploration success, with momentum building across the Plutonic Belt. So, with valuation supported by strong cash generation and a clear production growth pipeline, the broker thinks now could be an opportune time to invest. The Catalyst Metals share price is trading at $5.21 on Friday.
Electro Optic Systems Holdings Ltd (ASX: EOS)
A note out of Bell Potter reveals that its analysts have retained their buy rating on this defence stock’s shares with an improved price target of $10.40. This follows the release of another strong quarterly update. Bell Potter was pleased to see its unconditional contract backlog continue to increase. It now stands at $518 million. And given how EOS is positioned as a market leader in C-UAS solutions, particularly in directed energy, and is leveraged to increasing budget allocations to C-UAS technologies, Bell Potter believes it has a long runway for growth. The EOS share price is fetching $9.31 at the time of writing.
NextDC Ltd (ASX: NXT)
Analysts at Citi have retained their buy rating on this data centre operator’s shares with an improved price target of $19.10. According to the note, the broker believes that industry conditions are very favourable for NextDC, with strong hyperscaler demand and improving cloud growth trends. This is being underpinned by rising AI adoption. And with NextDC recently raising significant funds, Citi believes the company is well-placed to accelerate development of new data centres if and when required. The NextDC share price is trading at $14.18 on Friday afternoon.
The post Brokers name 3 ASX shares to buy right now appeared first on The Motley Fool Australia.
Should you invest $1,000 in Nextdc right now?
Before you buy Nextdc 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 Nextdc 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 20 Feb 2026
.custom-cta-button p {
margin-bottom: 0 !important;
}
More reading
- Another broker just recommended this ASX materials stock
- The five best ASX 200 stocks to buy and hold in April revealed
- Up 670%: Is it too late to buy this ASX defence stock?
- 3 ASX shares benefiting from the rise of digital infrastructure
- Why this ASX defence stock is falling today despite a massive 660% run
Citigroup is an advertising partner of Motley Fool Money. Motley Fool contributor James Mickleboro has positions in Nextdc. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Electro Optic Systems. 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.