5 ASX shares scoring upgraded ratings this week

S&P/ASX 200 Index (ASX: XJO) shares are 0.5% lower during the market’s eighth consecutive session in the red today.

Investors are pessimistic, with no end to the Iran war and global fuel crisis in sight.

Meanwhile, some ASX shares have attracted upgraded ratings from the experts this week.

Let’s take a look.

Beach Energy Ltd (ASX: BPT)

The Beach Energy share price is $1.19, up 1.3% today.

Over the past month, this ASX energy share has fallen 9%.

Canaccord Genuity upgraded Beach Energy shares to a buy rating yesterday.

The broker upped its 12-month price target from $1.35 to $1.43.

This implies 21% potential capital growth ahead.

Judo Capital Holdings Ltd (ASX: JDO)

The Judo share price is steady at $1.43 on Thursday.

Over the past month, this ASX bank share has risen 5.7%.

Morgans upgraded Judo shares from accumulate to buy with a $2.09 target this week.

This price target suggests 46% capital growth over the next year.

The upgraded rating following Judo’s 3Q FY26 trading update.

Judo reaffirmed its FY26 earnings guidance, albeit at the bottom of the range.

Morgans commented:

We view JDO’s recent share price weakness as a buying opportunity for a stock with high growth potential, increasing the margin of safety for the investment.

Upgrade from ACCUMULATE to BUY. Potential TSR at current prices is c.49%.

Amcor CDI (ASX: AMC)

The Amcor share price is $53.26, down 1.8% today.

Over the past month, this ASX materials share has fallen 5.4%.

Ord Minnett upgraded Amcor shares from accumulate to buy yesterday.

However, the broker shaved its 12-month price target from $70 to $66.

This still implies a potential near-25% upside ahead.

In a note, the broker said:

We raise our recommendation to Buy from Accumulate on valuation grounds, however, viewing current share price levels as fully discounting the earnings and cash flow risks facing the company.

Stanmore Resources Ltd (ASX: SMR)

The Stanmore Resources share price is $2.27, up 0.4% today.

Over the past month, this ASX coal share has fallen 17%.

Morgans upgraded Stanmore Resources shares to a buy rating this week.

However, the broker lowered its 12-month price target from $2.95 to $2.80.

This still implies a healthy potential 23% upside ahead.

A soft opening to FY26 saw two of three headline metrics narrowly miss consensus, though without material impact.

FY26 production guidance is unchanged and the year remains back-end weighted.

FOB cash cost guidance increased to US$98-103/t from US$93-97/t due to inflationary pressures on fuel costs.

Following recent share price weakness, we upgrade our recommendation to BUY (previously HOLD).

JB Hi-Fi Ltd (ASX: JBH)

The JB Hi-Fi share price is $77.38, down 0.1% today.

Over the past month, this ASX retail share has lifted 6.9%.

Morgans upgraded JB Hi-Fi shares to a buy rating this week.

The broker cut its share price target from $87 to $83.50, implying a potential 8% upside ahead.

The post 5 ASX shares scoring upgraded ratings this week appeared first on The Motley Fool Australia.

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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 positions in and has recommended Amcor Plc. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.