Top brokers name 3 ASX shares to buy today

With most brokers taking a break over the holiday period, there haven’t been many notes hitting the wires.

But never fear! Summarised below are three recent recommendations that remain very relevant today. Here’s what brokers are saying about these ASX shares:

Catapult Sports Ltd (ASX: CAT)

According to a note out of Bell Potter, its analysts retained their buy rating on this sports technology company’s shares with a trimmed price target of $6.50. This followed the release of a strong FY 2025 result which revealed earnings ahead of both guidance and Bell Potter’s expectations. It notes that this strong outcome was driven by a higher than forecast margin. Looking ahead, the broker sees strong double-digit growth in the core business. It believes this will be augmented by the cross-sell opportunity from the recent IMPECT acquisition, as well as potential expansion into other sports. And while it trimmed its valuation, this was to reflect a change in multiples due to the de-rating of the tech sector. The Catapult share price is trading at $4.10 on Wednesday.

Coles Group Ltd (ASX: COL)

A note out of Macquarie revealed that its analysts retained their outperform rating and $26.10 price target on this supermarket giant’s shares. The broker visited Coles’ food manufacturing facilities and noted that the company has the capacity to manufacture 970 tonnes of cooked products and 1.5 million meals a week. This could be a big deal, as Coles has called out ready-made meals as a key growth area in the future. In addition, Macquarie believes that the company’s supply chain investment, operational execution, and market share gains will support an earnings per share compound annual growth rate of 10% over the next three years. The Coles share price is fetching $21.39 at the time of writing.

Lovisa Holdings Ltd (ASX: LOV)

Analysts at Morgans upgraded this fashion jewellery retailer’s shares to a buy rating with a trimmed price target of $40.00. This followed the release of a trading update from Lovisa which covered the first 20 weeks of FY 2026. Morgans noted that the company’s sales and store growth have slowed over the past three months. However, it points out that Lovisa is still growing sales at 20%+, which is impressive given the challenging retail trading conditions. In light of this strong growth and the recent pullback in its share price, Morgans believes now could be a good time to invest in a high quality retailer with a global store rollout opportunity. Especially given that its shares are trading back around their average 10-year forward earnings multiple. This is despite offering a forecast ~20% earnings per share compound annual growth over the next three years. The Lovisa share price is trading at $29.13 today.

The post Top brokers name 3 ASX shares to buy today appeared first on The Motley Fool Australia.

More reading

• 2 ASX shares experts think will smash the market in 2026!
• 10 ASX shares I would buy in 2026
• In 2036, you will be glad you bought these ASX shares today
• 2 ASX shares to buy and hold for the next decade!
• 5 ASX tech shares to buy and hold until 2035

Motley Fool contributor James Mickleboro has positions in Lovisa. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Catapult Sports, Lovisa, and Macquarie Group. The Motley Fool Australia has positions in and has recommended Catapult Sports and Macquarie Group. The Motley Fool Australia has recommended Lovisa. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.