Top brokers name 3 ASX shares to buy next week

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:

Bannerman Energy Ltd (ASX: BMN)

According to a note out of UBS, its analysts have initiated coverage on this uranium developer’s shares with a buy rating and $5.15 price target. UBS is feeling positive about the long-term uranium outlook and is forecasting a price of US$100 per pound. It believes this will be driven by an increasing focus on energy security and growing demand from AI and data centres. The broker highlights that this enhances the project economics of Bannerman’s Etango operation. This operation is based in Namibia, which it views as a relatively stable jurisdiction with a track record of successful and stable uranium assets with international ownership. In light of this, UBS sees a lot of value in the company’s shares at current levels. The Bannerman Energy share price ended the week at $3.40.

Flight Centre Travel Group Ltd (ASX: FLT)

A note out of Morgans reveals that its analysts have retained their buy rating on this travel agent’s shares with an improved price target of $14.80. Morgans points out that given recent downgrades from other travel industry peers because of the Middle East conflict, it wasn’t surprised to see Flight Centre downgrade its earnings guidance last week. It believes that if it were not for the conflict, FY 2026 would have been a great year for Flight Centre given its strong results for the first nine months of the financial year. Looking ahead, Morgans is positive on Flight Centre’s outlook and expects a strong rebound in its performance in the second half of FY 2027. As a result, it thinks investors should be buying the company’s shares while they are down. This is especially the case given its belief that when operating conditions ultimately improve, both Flight Centre’s earnings and share price will move materially higher. The Flight Centre share price was fetching $11.92 at Friday’s close.

Liontown Ltd (ASX: LTR)

Analysts at Bell Potter have retained their buy rating on this lithium miner’s shares with an improved price target of $2.90. According to the note, Bell Potter believes the outlook for lithium prices is positive. It came to this conclusion after comparing medium term lithium supply restarts and greenfield projects versus expected demand. In light of this, it has lifted its lithium price forecasts and its earnings estimates for Liontown in FY 2027 and FY 2028. In addition, due to current lithium price strength, Bell Potter notes that the company can rapidly generate cash to support incremental production expansions and shareholder returns. It also continues to see the Kathleen Valley operation as highly strategic in terms of scale, long project life, and location in a tier-one mining jurisdiction. The Liontown share price ended the week at $1.98.

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

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• Buy, hold, sell: Flight Centre, SGH, and Navigator Global shares

Citigroup is an advertising partner of Motley Fool Money. Motley Fool contributor James Mickleboro has positions in CSL and WiseTech Global. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended CSL and WiseTech Global. The Motley Fool Australia has positions in and has recommended WiseTech Global. The Motley Fool Australia has recommended CSL. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.