S&P/ASX 200 Index (ASX: XJO) shares are up 0.4% to 8,697.5 points on Friday.

Since reaching a 52-week high of 9,296.7 points in August, the benchmark index has slipped 6.5%.

The ongoing US-Iran conflict, high oil prices, and rising inflation, interest rates, and bond yields have weakened the market.

But the experts see buying opportunities for the brave.

Let’s take a look at some of their reaffirmed buy calls this week.

Xero Ltd (ASX: XRO)

The Xero share price is $58.93, up 2% on Friday.

This ASX 200 tech share has fallen 18% over the past month.

Citi reiterated its buy rating on Xero shares on Wednesday.

The broker cut its price target from $113.50 to $91.55.

This implies potential capital gains of 55% ahead.

Ampol Ltd (ASX: ALD)

The Ampol share price is $44.10, up 0.9% today.

Over the past month, this ASX 200 energy share has risen 6%.

Ord Minnett reaffirmed its buy rating on Ampol shares with a 12-month target of $43.

This suggests a potential 2% downside ahead.

Rural Funds Group Ltd (ASX: RFF)

The Rural Funds share price is steady at $1.91 today.

This ASX agricultural real estate investment trust (REIT) has fallen 3% over the past month.

Bell Potter reiterated its buy rating on Rural Funds shares on Wednesday.

The broker has a price target of $2.55.

This implies potential capital gains of 33% over the next 12 months.

PLS Group (ASX: PLS)

The PLS Group share price is $3.60, down 2.7% today.

Over the past month, this ASX 200 lithium share has fallen 28%.

Macquarie renewed its buy rating on PLS shares this week.

The broker has a 12-month price target of $5.50.

This suggests a possible 53% upside ahead.

Insurance Australia Group Ltd (ASX: IAG)

The IAG share price is $8.10, up 0.8% today.

This ASX 200 financial share has risen 5% over the past month.

UBS reiterated its buy rating on IAG shares this week.

The broker lowered its 12-month target price from $9.25 to $9.10.

This implies a potential 12% upside ahead.

NextDC Ltd (ASX: NXT)

The NextDC share price is $10.32, up 0.4% today.

Over the past month, this ASX 200 tech share has tumbled 19%.

Citi renewed its buy rating on NextDC shares with a $21.15 target this week.

This suggests the stock could more than double over the next 12 months.

The post 6 ASX shares to buy in today’s weak market: experts appeared first on The Motley Fool Australia.

More reading

• Buy, hold, sell: Rural Funds Group, Imdex, Fortescue shares
• How much superannuation do I need to generate $100,000 per year in passive income?
• Here are the top 10 ASX 200 shares today
• Nextdc vs Macquarie Technology Group: Which data centre share shines brighter?
• Xero shares crash 63% in a year: Is there any upside left?

Citigroup is an advertising partner of Motley Fool Money. 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 Macquarie Group and Xero. The Motley Fool Australia has positions in and has recommended Rural Funds Group and Xero. The Motley Fool Australia has recommended Macquarie Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

S&P/ASX 200 Index (ASX: XJO) shares are 0.4% higher at 8,697.3 points on Friday.

Brokers have reduced their ratings on six ASX shares this week.

Let’s take a look.

AMP Ltd (ASX: AMP)

The AMP share price is $2.47, up 2.3% today. 

Over the past month, this ASX 200 financial share has fallen 0.2%.

UBS downgraded AMP shares to a hold rating with a $2.61 target this week.

This implies a potential 5% upside ahead.

Fortescue Ltd (ASX: FMG)

The Fortescue share price is $15.45, down 2.2% today.

Over the past month, this ASX 200 mining share has fallen 12%.

Morgans downgraded Fortescue shares from hold to trim yesterday.

The broker slashed its 12-month price target from $18.70 to $15.40.

This suggests the stock is already fully valued.

Meteoric Resources Ltd (ASX: MEI)

The Meteoric Resources share price is 24 cents, up 0.8% today.

Over the past month, this ASX mining share has jumped 21%.

Ord Minnett downgraded Meteoric Resources shares to a hold rating this week.

The broker has a 12-month price target of 25 cents.

This suggests just a 3% potential upside ahead.

Orica Ltd (ASX: ORI)

The ORI share price is $22.98, up 0.6% today.

Over the past month, this ASX 200 materials share has edged 0.3% higher.

Morgans downgraded Orica shares from buy to accumulate this week.

The broker shaved its price target from $26.60 to $26.52.

This indicates potential gains of 15% over the next 12 months.

The broker said: 

ORI has updated the market on its US AN sourcing, non-core land sale, recent acquisitions, cost out program and FY26 business performance. The important point is that the broader business continues to perform strongly, in line with its expectations.

We have trimmed our FY27 NPAT forecast by 3.6% reflecting increased AN sourcing costs in the US, more gradual recovery in Indonesia coal production, plant turnarounds and higher interest costs given the Deer Park sale isn’t going through.

SKS Technologies Group Ltd (ASX: SKS)

The SKS Technologies Group share price is $8.60, down 2.4% today.

Over the past month, this ASX industrials share has risen 7%.

PAC Partners downgraded SKS Technologies shares to a hold rating on Wednesday.

The broker raised its price target from $10.20 to $10.56.

This implies a potential 24% upside over the next year.

Bank of Queensland Ltd (ASX: BOQ)

The Bank of Queensland share price is $6.45, up 1.1% today.

Over the past month, this ASX 200 financial share has fallen 1%.

Morgans downgraded Bank of Queensland shares from accumulate to hold this week.

The broker cut its 12-month price target from $6.94 to $6.40.

This suggests the bank stock is fully valued.

The post 6 ASX shares downgraded by experts this week appeared first on The Motley Fool Australia.

More reading

• Is the Fortescue share price a bargain buy?
• Buy, hold, sell: Rural Funds Group, Imdex, Fortescue shares
• 5 things to watch on the ASX 200 on Friday
• Buy, hold, sell: Orica, Bank of Queensland, Megaport shares
• Fortescue posts September 2026 quarterly earnings update

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 no position in any of the stocks mentioned. The Motley Fool Australia has recommended Sks Technologies Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Some ASX dividend shares can provide plenty of passive income thanks to their pleasing dividend yields.

Interest rates have risen, increasing the cash return paid by term deposits, bonds, and so on. However, I think that good ASX dividend shares are even more appealing because they can provide even higher income and growth, and interest rates may not stay this high forever.

I’ll talk about two leading opportunities with dividends above 7%.

Dexus Industria REIT (ASX: DXI)

The first idea I want to talk about is a real estate investment trust (REIT) exposed to one of the best rental subsectors, in my view.

The business owns high-quality industrial warehouses across major Australian cities, providing sustainable income and capital growth over the long term.

Some of those tailwinds include long-term growth of e-commerce and data centres, helping drive the rental value of REITs.

It’s delivering a strong level of rental growth. For FY26, it revealed strong like-for-like portfolio income growth of 5.3%, supported by rental escalations, re-leasing spreads of 21.4% (new rental contracts are earning a lot more than the old contracts), and high occupancy of 98.8%.

The business expects to pay an annual distribution per unit of 16.6 cents. That’s a forward distribution yield of 7.2%.

Pleasingly, its rental income is regularly growing, with around 87% of rental income having fixed rental increases or CPI-linked reviews.

It looks cheap to me; the business reported net tangible assets (NTA) of $3.42 per security as at 30 June 2026.

WCM Global Growth Ltd (ASX: WQG)

The other ASX dividend share I want to highlight is this listed investment company (LIC).

I love particular LICs for their investment styles and the way they can deliver consistent, even growing dividends.

The fund manager WCM has two factors that it looks for to include in the portfolio, which targets international quality shares. It wants to find businesses with a rising competitive advantage (or expanding economic moat) and a corporate culture that supports the expansion of the economic moat.

In other words, the ASX dividend share is looking for great businesses that are set up for long-term success and are becoming increasingly good at what they do.

Impressively, the LIC’s portfolio has returned a net 21.2% per year over the past three years through August 2026, helping fund great dividends. Past performance is not a reliable indicator of future performance, of course.

The company recently paid a quarterly dividend of 2.35 cents per share in September 2026. It expects to hike its quarterly September dividend in a year from now by 10.6%.

Over the next year, it expects to pay quarterly dividends that total 10.1 cents per share. That works out to be a forward grossed-up dividend yield of 7.1%, including franking credits.

I think it’s a great time to invest in these two ASX dividend shares.

The post 2 ASX dividend shares with yields above 7% appeared first on The Motley Fool Australia.

More reading

• How much do I need to retire on $85,000 a year at 50?
• $3,000 buys 1,463 shares in an impressively reliable ASX dividend stock
• 2 ASX passive income share ideas I’d use to generate $300 a month in 2027
• How much do I need to retire on $110,000 a year at 65?
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Motley Fool contributor Tristan Harrison has positions in Wcm Global Growth. 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.