Brokers name 3 ASX shares to buy right now

It has been a busy week for many of Australia’s top brokers. This has led to a number of broker notes hitting the wires.

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:

Flight Centre Travel Group Ltd (ASX: FLT)

According to a note out of Morgans, its analysts have retained their buy rating on this travel agent’s shares with an improved price target of $14.80. Morgans notes that given recent downgrades from other travel industry peers due to the conflict in the Middle East, it wasn’t surprised to see Flight Centre downgrade its earnings guidance. The broker believes that if it were not for the conflict, FY 2026 would have had a great year given its results for the first nine months were strong. Looking ahead, Morgans is positive on Flight Centre’s outlook and expects a strong rebound in the second half of FY 2027. As a result, it thinks investors should be buying Flight Centre shares while they are down, noting that when operating conditions ultimately improve, both its earnings and share price will be materially higher. The Flight Centre share price is trading at $11.97 on Friday.

Santos Ltd (ASX: STO)

A note out of Citi reveals that its analysts have retained their buy rating on this energy giant’s shares with a reduced price target of $8.50. The broker has lowered its earnings estimates for energy stocks to reflect softer oil price assumptions after the Strait of Hormuz reopened following a US-Iran peace deal. Citi believes that there will be a sizeable oil surplus by 2027, which will weigh on oil prices. However, it remains positive on Santos and highlights that its shares trade at a discount to its larger rival Woodside Energy Group Ltd (ASX: WDS) but believes this valuation discount could narrow in the future. The Santos share price is fetching $7.31 at the time of writing.

Seek Ltd (ASX: SEK)

Analysts at Bell Potter have retained their buy rating and $18.60 price target on this job listings company’s shares. According to the note, the broker has been looking at industry data and appears positive. It believes that when interest rates start to fall, Seek will start outperforming like it did in previous cycles. Outside this, the broker believes AI disruption concerns are overdone and highlights its underlying proprietary data (~750m points per day) as a reason to be positive. Bell Potter notes that a lot of this is traffic metadata which is unable to be scraped by third parties, is valuable for targeted job placements, and should support yield through soft volume environments. The Seek share price is trading at $13.50 this afternoon.

The post Brokers name 3 ASX shares to buy right now appeared first on The Motley Fool Australia.

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Citigroup is an advertising partner of Motley Fool Money. Motley Fool contributor James Mickleboro has positions in Woodside Energy Group Ltd. 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 recommended Flight Centre Travel Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.