
S&P/ASX 200 Index (ASX: XJO) shares are down 0.3% to 8,780.1 points on Thursday.
Meanwhile, three experts have revealed their views on three ASX 200 shares.
Let’s see what they think.Â
Karoon Energy Ltd (ASX: KAR)
The Karoon Energy share price is $1.29, down 5.8% today and down 17% in the calendar year to date (YTD).Â
Karoon Energy shares tumbled 11% last Tuesday when the company issued production downgrades.
Calendar year 2026 total production guidance was revised to a range of 7.2 MMboe to 8.2 MMboe.
That’s down from 8.1 MMboe to 9.2 MMboe previously.
Citi reiterated its buy rating on this ASX 200Â energy share but cut its 12-month target from $2.50 to $1.75.
Last week, oil prices slumped back to pre-war levels after the US and Iran signed an interim deal and began new talks in Switzerland.
Brambles Ltd (ASX: BXB)
The Brambles share price is $19.57, up 2.6% today, and down 14% YTD.
Christopher Watt from Bell Potter has a hold rating on this ASX 200 industrials share.Â
On The Bull, Watt explained:Â
The underlying franchise remains high quality, but a recent trading update introduced uncertainty around supply constraints, freight costs, plant inefficiencies and softer conditions in parts of Europe, Middle East and Africa.
Management has presented a credible plan to improve capacity through new pallets and service centres, but the financial recovery may take longer than the operational fix.
With earnings expectations still at risk, the outlook is balanced.
REA Group Ltd (ASX: REA)
The REA share price is $133.43, up 1.4% today and down 28% YTD.Â
Michael Ardrey from Bell Potter has a sell rating on this ASX 200 communications share.Â
REA expects no growth in home values across the combined capital cities in CY26, and a rebound to 5.5% growth in CY27.
Ardrey explained the broker’s reiterated sell recommendation:Â
Our thesis rests on REA’s share price declining from a reduction in EPS forecasts in-line with market pricing, driven by: (1) Elevated near-term RBA cash rate forecast driving softening in demand for lending, (2) Recent budget measures adversely impacting investment in property as an asset class, largely in the investor book partially offset by owner-occupied; (3) Both factors combining to negatively impact average national dwelling values and listing volumes more than offsetting Buy yield for REA; and (4) REA’s history of EPS declines in a falling 12-mth average dwelling price environment.
The analyst gave REA shares a 12-month target of $133, down from $137.
The post Buy, hold, sell: Karoon Energy, Brambles, REA shares appeared first on The Motley Fool Australia.
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More reading
- Why these top fundies are buying REA and TechnologyOne shares
- Brambles shares: Buy, hold or sell?
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- REA shares fall 43% to a three-year low. Is it time to buy?
- 3 ASX growth shares to buy next month
Citigroup is an advertising partner of Motley Fool Money. Motley Fool contributor Bronwyn Allen 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.