• Broker tips 20% and 23% upside for these 2 ASX stocks

    Man sits smiling at a computer showing graphs.

    For investors looking for ASX 200 stocks with solid upside, Develop Global Ltd (ASX: DVP) and Netwealth Group Ltd (ASX: NWL) are two options to consider.

    While these ASX shares have performed very differently in 2026, Bell Potter sees similar upside moving forward. 

    Here’s what the broker is tipping over the next 12 months. 

    Develop Global Ltd (ASX: DVP)

    Develop Global is an Australia-based resources company that operates a unique hybrid business model centred on decarbonisation and energy transition.

    In 2026, its share price has risen over 32% on the back of strong sector wide tailwinds. 

    A new report from Bell Potter suggests this rise can continue in the next year. 

    Bell Potter raised its outlook for Develop Global because copper and zinc prices are stronger than expected, although silver prices are a little weaker.

    It expects the Woodlawn project to have its first full quarter operating at commercial production levels, with a chance of producing even more than planned as the mine continues to improve. 

    Higher-grade ore is also expected to be mined over the next year, which should increase copper production.

    The broker also expects DVP to benefit from unusually low treatment and refining charges, meaning the company keeps more of the value from the copper it produces. Overall, these factors should support stronger earnings.

    The broker has reiterated its buy recommendation and increased its price target to $7.20. 

    From yesterday’s closing price, this indicates 20% upside for Develop Global shares. 

    FY27 marks a transformational year for DVP as ramping Woodlaw and Pioneer Dome production, and copper, zinc, and spodumene DSO price leverage demonstrate an inflection in FCF and rapid earnings growth.

    Netwealth Group Ltd (ASX: NWL)

    Netwealth shares have also attracted a buy recommendation from Bell Potter this week. 

    Its share price jumped 6% yesterday on a key announcement, and the broker expects this rise can continue after a tough start to 2026. 

    In yesterday’s report, Bell Potter said the company has announced an agreement with Morgan Stanley Wealth, seen as a multiyear outcome, and flagged further (smaller) wins to come from the segment. 

    We expect this will unravel over the next year or so, comments suggesting there are maybe two more wins on the cards. NWL has an existing relationship with the firm, and this this extends the integration. The deal will add flexible execution and build in sponsored ASX listed and domestic investments.

    Bell Potter has retained its $30 price target on Netwealth shares, which indicates a 23% upside from current levels. 

    The post Broker tips 20% and 23% upside for these 2 ASX stocks appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Develop Global right now?

    Before you buy Develop Global shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Develop Global wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 16 June 2026

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    Motley Fool contributor Aaron Bell 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 Netwealth Group. The Motley Fool Australia has positions in and has recommended Netwealth Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • 7 ASX 200 shares given buy ratings this week

    Happy diverse colleagues or team of people give high five together to celebrate great teamwork and results.

    Looking for investment ideas in July?

    Well, listed below are seven ASX 200 shares that brokers currently rate as buys.

    Life360 Inc (ASX: 360)

    Citi remains positive on Life360 and has retained its buy rating on the location-sharing technology company.

    The broker has also lifted its price target to $31.95 from $28.25, which compares with the latest share price of $27.01.

    Citi expects growth to accelerate as the year progresses, suggesting there could be more upside if Life360 continues converting its large user base into stronger revenue and earnings.

    The broker’s price target implies potential upside of around 18%.

    Domino’s Pizza Enterprises Ltd (ASX: DMP)

    Ord Minnett has retained its buy rating on Domino’s Pizza Enterprises, although it has trimmed its price target to $21.00 from $22.00.

    Even after the reduction, the broker still sees potential upside of approximately 29%. This suggests Ord Minnett believes the market may be too negative on the pizza chain’s recovery prospects.

    Flight Centre Travel Group Ltd (ASX: FLT)

    UBS remains positive on Flight Centre Travel Group.

    The broker has retained its buy rating and $14.70 price target on the travel company’s shares, which are currently trading at $12.60.

    That suggests potential upside of around 17%.

    UBS is also forecasting a dividend of 43 cents per share in FY 2027, which represents a dividend yield of 3.4%.

    Genesis Minerals Ltd (ASX: GMD)

    Bell Potter has retained its buy rating on Genesis Minerals shares following the announcement of plans to merge with fellow gold miner Vault Minerals Ltd (ASX: VAU).

    The broker has trimmed its price target slightly to $9.75 from $9.90.

    That still sits well above the latest Genesis share price of $5.78, implying potential upside of close to 70%.

    Goodman Group (ASX: GMG)

    Citi continues to back Goodman Group.

    The broker has retained its buy rating and $40.00 price target on the industrial property giant’s shares.

    With Goodman shares trading at $30.68, that points to potential upside of around 30%.

    Citi expects the company to upgrade its earnings per share growth guidance ahead of its results in August.

    Lynas Rare Earths Ltd (ASX: LYC)

    Macquarie has retained its outperform rating and $22.00 price target on Lynas Rare Earths.

    This follows the rare earths company’s announcement of a long-term partnership with JS Link to develop a 3ktpa NdFeB permanent magnet facility in Malaysia.

    Based on the latest share price of $16.91, Macquarie’s price target implies potential upside of around 30%.

    REA Group Ltd (ASX: REA)

    Finally, Morgans remains positive on REA Group and has retained its buy rating on the property listings company.

    And while it has reduced its price target to $199 from $219, this still implies potential upside of approximately 35% from where its shares currently trade..

    Morgans believes management has levers it can pull to help offset softer listing volumes.

    The post 7 ASX 200 shares given buy ratings this week appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Life360 right now?

    Before you buy Life360 shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Life360 wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 16 June 2026

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    Citigroup is an advertising partner of Motley Fool Money. Motley Fool contributor James Mickleboro has positions in Domino’s Pizza Enterprises, Goodman Group, Life360, and REA Group. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Domino’s Pizza Enterprises, Goodman Group, Life360, and Macquarie Group. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Lynas Rare Earths Ltd. The Motley Fool Australia has positions in and has recommended Life360. The Motley Fool Australia has recommended Domino’s Pizza Enterprises, Flight Centre Travel Group, Goodman Group, and Macquarie Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • Amplitude Energy shares could be set to soar 90%: Expert

    Image of a fist holding two yellow lightning bolts against a red backdrop.

    The team at Bell Potter have just released updated guidance for Amplitude Energy Ltd (ASX: AEL) shares. 

    It has been a tough year for Amplitude Energy shares ,which have crashed over 50% year to date. 

    For comparison, the S&P/ASX 200 Energy Index (ASX: XEJ) is up 10% in the same period.

    However, despite the struggling performances thus far, Bell Potter sees big upside over the next 12 months. 

    Here’s what the broker had to say. 

    Quarter impacted by seasonality and sentiment

    Bell Potter expects Amplitude Energy’s June 2026 quarter to be softer, with production broadly flat but lower realised gas prices due to mild seasonal demand, stronger supply from Longford, and weaker sentiment across the energy sector. 

    Despite this, the broker believes the company remains on track to meet FY26 guidance and expects market conditions to improve. 

    Bell Potter is increasingly positive on the East Coast Supply Project, noting it has been substantially de-risked following the Artisan acquisition, with a positive Final Investment Decision anticipated this quarter. 

    Supported by a solid balance sheet and existing assets generating around $150 million in annual free cash flow, Bell Potter believes Amplitude Energy is well positioned to fund the project’s remaining development toward first production in 2028.

    AEL is a pure-play leverage to the southern east coast Australia gas market with the majority of its gas sales under stable contracted prices. The company’s flagship 100%-owned Gippsland Basin asset is now consistently operating near nameplate capacity (68TJ/day); debottlenecking could see incremental improvements.

    Big upside in tact 

    Based on this guidance, the team at Bell Potter has slightly lowered its price target to $2.50 (previously $2.90). 

    However from yesterday’s closing price of approximately $1.295, this indicates an upside potential of 93%. 

    It has retained its buy recommendation. 

    AEL is in a strong position to meet FY26 guidance despite the weaker June 2026 quarter and we expect energy markets and sentiment to normalise. 

    The East Coast Supply Project has been de-risked through the Artisan acquisition, and we expect a positive Final Investment Decision in the current quarter.

    Encouragingly, Bell Potter isn’t the only expert tipping a big rebound for Amplitude Energy shares. 

    Morgans recently said there had been some sizable, albeit short-term catalysts, that recently pushed the share price lower. 

    However, the broker now sees it as a rebound candidate. 

    Morgans has a buy rating on Amplitude shares with a price target of $3. 

    This indicates 130% upside from current levels. 

    The post Amplitude Energy shares could be set to soar 90%: Expert appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Amplitude Energy Ltd right now?

    Before you buy Amplitude Energy Ltd shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Amplitude Energy Ltd wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 16 June 2026

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    Motley Fool contributor Aaron Bell 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 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.

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