S&P/ASX 200 Index (ASX: XJO) shares edged 0.11% lower last week, closing at 8,731.2 points on Friday.
On The Bull this week, Dylan Evans from Catapult Wealth explains his ratings on three ASX 200 shares.
Let’s take a look.
Coles Group Ltd (ASX: COL)
The Coles share price closed at $23.12 on Friday, down 0.47% for the week. Â
Evans has a buy rating on this ASX 200 consumer staples share.
He said:
The supermarket industry structure remains favourable, with Coles and competitor Woolworths Group Ltd (ASX: WOW) dominating market share.
Coles posted group sales revenue of $45.580 billion in full year 2026, up 2.8 per cent on the prior corresponding period. Excluding significant items, group earnings before interest and tax of $2.322 billion was up 9.9 per cent.
Supermarket eCommerce sales was a highlight, growing 26.4 per cent.
Coles offers a reliable dividend yield, backed by defensive earnings.
Catalysts for growth include online expansion, population growth and supply chain automation.
CSL Ltd (ASX: CSL)
The CSL share price closed at $175.59 on Friday, up 5.08% for the week. Â
Evans has a hold rating on this ASX 200 healthcare share.
He commented:
The CSL share price has partially recovered after the company posted a brighter outlook at its 2026 full year results.
A promising sign was profit growth guidance in full year 2027, driven by the core blood plasma business. This guidance should provide the market with confidence about CSL’s brighter future after a difficult period.
There’s potential value in the stock, particularly if CSL achieves guidance and growth recovers.
National Australia Bank (ASX: NAB)
The NAB share price closed at $38.47 on Friday, down 0.65% for the week. Â
Evans has a sell rating on this ASX 200 bank share.
He said:
Revenue grew by 2 per cent in the third quarter of fiscal year 2026 when compared to the first half quarterly average. Cash earnings also increased by 2 per cent.
In our view, the broader banking sector is facing several headwinds. The Federal Government announced changes to capital gains tax and negative gearing in the May Budget. Investment loan applications have slowed amid a cost of living crisis.
While the NAB business is well managed and the balance sheet is solid, it’s difficult to identify any significant growth on the horizon.
Investors may want to consider taking some profits and explore superior earnings growth opportunities elsewhere.
The post Buy, hold, sell: Coles, NAB, CSL shares 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 positions in and has recommended CSL. 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.