Warning! Experts name 3 ASX 200 shares to sell

Knowing which ASX 200 shares to avoid can be just as important as knowing which ones to buy when aiming to maximise portfolio returns.

So, with that in mind, let’s see which shares analysts are tipping as sells this week, courtesy of The Bull.

Here’s what they are bearish on:

A2 Milk Company Ltd (ASX: A2M)

Catapult Wealth has named this infant formula company’s shares as a sell this week.

It highlights that the company is battling supply chain disruptions and was forced to downgrade its guidance recently. It said:

A recent trading update revealed supply chain disruptions are constraining product availability despite strong underlying demand. The company downgraded guidance in full year 2026, with revenue growth downgraded to low-to-mid double digits, with cash conversion falling to 50 per cent. It expects lower infant milk formula sales, mostly related to Chinese labels. The EBITDA percentage margin is forecast to decline from previous guidance of between 15.5 per cent to 16 per cent to between 14 per cent to 14.5 per cent. The shares have fallen from $9.24 on April 10 to trade at $6.67 on May 7. Better opportunities may exist elsewhere at this stage of the cycle.

Metcash Ltd (ASX: MTS)

The team at Catapult Wealth is also bearish on this wholesale distributor and has named its shares as a sell.

Catapult Wealth doesn’t appear to have been overly impressed with Metcash’s performance during the first half of FY 2026 and has concerns that higher interest rates could impact consumer spending. It commented:

Metcash is a wholesale distributor across food, liquor and hardware. It services independent retailers across Australia. Group sales revenue was up just 0.1 per cent in the first half of 2026 when compared to the prior corresponding period. Group underlying profit after tax fell 5.9 per cent, reflecting lower earnings in hardware and liquor and increased finance costs. The company operates in fiercely competitive industries. Higher interest rates may pressure its discretionary product sales and full year 2026 earnings, suggesting a re-allocation of capital. The shares have fallen from $4.23 on September 1, 2025 to trade at $2.76 on May 7.

Woodside Energy Group Ltd (ASX: WDS)

Over at Sanlam Private Wealth, it has named Woodside shares as a sell.

It has suggested that investors consider taking profit after strong oil prices drove its shares higher. Commenting on the company, Sanlam Private Wealth said:

The energy company produced a record 198.8 million barrels of oil equivalent in full year 2025. However production was offset by lower realised prices. Consequently, net profit after tax of $2.718 billion was down 24 per cent on the prior corresponding period. Full year fully franked dividends were down 8 per cent. In our view, relying on dividends carries risk if commodity prices or production fall. Investors may want to take advantage of elevated crude oil prices to cash in some gains.

The post Warning! Experts name 3 ASX 200 shares to sell appeared first on The Motley Fool Australia.

More reading

• Sell alert! Why this expert is calling time on Woodside and ANZ shares
• Here are the top 10 ASX 200 shares today
• Why Dyno Nobel, Inghams, Metcash, and Strike Energy shares are charging higher today
• Why the ASX 200 is being smashed today
• Sell alert! Why this expert is calling time on Metcash and A2 Milk shares

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 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.