It was a busy week for 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:
Evolution Mining Ltd (ASX: EVN)
According to a note out of UBS, its analysts upgraded this gold miner’s shares to a buy rating with an improved price target of $16.00. The broker made the move following site visits, which have given UBS confidence in Evolution Mining’s production growth outlook. It sees scope for the company to increase its gold production to 900,000 ounces per annum and its copper production to 120,000 tonnes per annum by 2032. Key drivers of this are expected to be its Cowal and Northparkes operations and underground mining. The Evolution Mining share price ended the week at $13.71.
Nufarm Ltd (ASX: NUF)
A note out of Morgans reveals that its analysts have retained their buy rating on this agricultural chemicals company’s shares with an improved price target of $4.24. This follows the release of its guidance for FY 2026. Morgans believes that Nufarm would’ve beaten consensus expectations were it not for two unplanned manufacturing disruptions. This is especially the case given that Seed Technologies earnings have once again been upgraded due to higher Omega-3 prices. The broker remains very positive and highlights that Nufarm is on track to materially deleverage, with further improvement targeted in FY27. So, with its turnaround plans on track and its shares looking materially undervalued compared to peers, Morgans thinks now could be a good time to invest. The Nufarm share price was fetching $3.04 at Friday’s close.
Premier Investments Ltd (ASX: PMV)
Analysts at Bell Potter have retained their buy rating on this retail conglomerate’s shares with a trimmed price target of $15.50. According to the note, Premier Investments delivered an FY 2026 result that was in line with expectations. Outside this, the broker notes that while it is expecting a period of slow growth in the near to medium term, it views Premier Investments’ forward multiple as attractive. In fact, its sum of the parts valuation sees an attractive ~$1.6 billion enterprise value for the key Peter Alexander brand. This compares to the company’s $1.9 billion market capitalisation. The Premier Investments share price ended the week at $11.77.
The post Top brokers name 3 ASX shares to buy next week appeared first on The Motley Fool Australia.
Should you invest $1,000 in Evolution Mining right now?
Before you buy Evolution Mining 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 Evolution Mining 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 August 2026
.custom-cta-button p {
margin-bottom: 0 !important;
}
More reading
- 3 ASX shares given buy ratings this week offering 20% to 40% upside
- Why I’d buy the dip in top ASX 200 gold stocks like Newmont, Northern Star and Evolution Mining shares today
- Premier Investments vs Myer: Which ASX Retail Stock is Best?
- 2 ASX shares UBS says could increase 13% to 37%
- 5 ASX 200 shares upgraded by experts this week
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 recommended Premier Investments. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.