Brokers have indicated continuing confidence in several ASX 200 shares this week.
Let’s take a look.
Telstra Group Ltd (ASX: TLS)
The Telstra share price is $4.99, up 0.1% today and up 2.2% over 12 months.
Morgan Stanley reiterated its buy rating on Telstra shares on Wednesday.
The broker lowered its 12-month share price target from $5.40 to $5.30.
This implies potential capital gains of 6% in FY27.
Liontown Ltd (ASX: LTR)
The Liontown share price is $1.47, down 0.5% today and up 83% over 12 months.
The lithium producer was one of the 5 top ASX 200 mining shares for capital growth in FY26.
Macquarie renewed its buy rating on Liontown shares with a $2.30 target this week.
This suggests a potential 57% upside ahead.
Life360 Inc (ASX: 360)
The Life360 share price is $25.82, down 0.4% today and down 21% over 12 months.
Citi reiterated its buy rating on Life360 shares on Tuesday.
The broker raised its target from $28.25 to $31.95.
This implies potential capital gains of 24% ahead.
Pro Medicus Ltd (ASX: PME)
The Pro Medicus share price is $199.48, down 5.1% today and down 37% over 12 months.
However, that 12-month performance belies this ASX 200 healthcare share’s incredible comeback in CY26.
Pro Medicus shares hit a 52-week low of $107.75 on 24 February. Since then, they’ve ripped 85% higher.
And since the broader healthcare sector pivoted on 3 June, Pro Medicus shares have outperformed with a 25% gain.
That compares to a 21% increase in the S&P/ASX 200 Health Care Index (ASX: XHJ) since 3 June.
Citi sees more room for growth, and reiterated its buy rating with a $240 target this week.
This suggests another 20% upside ahead.
South32 Ltd (ASX: S32)
The South32 share price is $4.02, up 5.2% today and up 32% over 12 months.
Morgan Stanley maintained its buy rating on the ASX 200 mining share this week.
The broker shaved its 12-month target down from $4.85 to $4.75.
This implies a potential 18% upside ahead.
BHP Group Ltd (ASX: BHP)
The BHP share price is $58.28, up 2.5% today and up 52% over 12 months.
Morgan Stanley renewed its buy rating on BHP shares with a $67.50 target this week.
This suggests a potential 15% upside in the new financial year.
WiseTech Global Ltd (ASX: WTC)
The WiseTech share price is $34.24, down 1.1% today and down 70% over 12 months.
This tech share was the fastest faller of the ASX 200 in FY26.
Citi anticipates a strong recovery for WiseTech shares and renewed its buy rating this week.
However, the broker cut its 12-month target significantly from $65.65 to $52.
This still implies potential capital gains of 52% in FY27.
Paladin Energy Ltd (ASX: PDN)
The Paladin Energy share price is $10.15, up 5.1% today and up 46% over 12 months.
Morgan Stanley kept its buy call on the ASX 200 energy share but lowered its target from $13.65 to $11.95 this week.
This suggests a potential 17% upside ahead.
Coles Group Ltd (ASX: COL)
The Coles share price is $23.58, down 0.4% today and up 15% over 12 months.
UBS renewed its buy rating on the ASX 200 consumer staples share with a $25.50 target on Monday.
This suggests a potential 8% upside ahead.
The post 9 ASX 200 shares with reiterated buy calls this week appeared first on The Motley Fool Australia.
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Citigroup is an advertising partner of Motley Fool Money. Motley Fool contributor Bronwyn Allen has positions in BHP Group. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Life360, Macquarie Group, and WiseTech Global. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Pro Medicus. The Motley Fool Australia has positions in and has recommended Life360, Telstra Group, and WiseTech Global. The Motley Fool Australia has recommended BHP Group, Macquarie Group, and Pro Medicus. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.