Buy, hold, sell: Aristocrat, TPG Telecom, and Westpac shares

There are a lot of ASX shares to choose from on the local market.

To narrow things down, let’s see what analysts are saying about three big names, courtesy of The Bull.

Are they buys, holds, or sells this week? Let’s find out:

Aristocrat Leisure Ltd (ASX: ALL)

The team at Baker Young has labelled gaming technology company Aristocrat Leisure as a hold this week.

Although it thinks that its valuation is reasonable, it has a few concerns with promotional intensity. It said:

Aristocrat Leisure designs, develops and distributes gaming content, platforms and systems. The company has experienced a steep share price fall despite a solid underlying operational performance. Attention is likely to focus on promotional intensity and machine level margins in the upcoming interim result.

Outside the early COVID-19 period, the stock was recently trading towards the lower end of its historical range. Supported by a modest dividend yield and ongoing buy-back capacity, we consider the current valuation reasonable and maintain a hold position.

TPG Telecom Ltd (ASX: TPG)

Baker Young is more bullish on this telco and believes its shares could be a buy this week.

The broker highlights TPG Telecom’s strategic shift away from infrastructure ownership as a positive. And compared to peers, it feels that the company’s shares are attractively priced. It said:

Following several years of asset sales and restructuring, TPG has emerged as a more focused telecommunications provider with a stronger balance sheet and increasing exposure to the structurally attractive mobile segment, now contributing close to half of group revenue. Full year 2025 results highlighted accelerating subscriber growth and improving revenue per user, indicating positive operating momentum.

The company’s strategic shift away from infrastructure ownership and lower-margin fixed line broadband positions it for higher quality earnings growth. The stock screens as relatively attractive compared to peers.

Westpac Banking Corp (ASX: WBC)

Over at Fairmont Equities, its team has put a sell rating on Westpac shares this week.

It has concerns over current trading conditions, with higher interest rates potentially causing challenges for the bank. It said:

We had previously been bullish on the banks when they were trending higher from high levels of momentum. However, they are stalling at current levels. A recent trading update by WBC indicated economic conditions could be getting tougher in response to rising interest rates, inflation and potential fuel shocks. In our view, challenging economic conditions are likely to impact lending activity and credit quality. Even a robust dividend yield may not be enough to prevent a further slide in WBC’s share price.

The post Buy, hold, sell: Aristocrat, TPG Telecom, and Westpac shares appeared first on The Motley Fool Australia.

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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.