Author: openjargon

S&P/ASX 200 Index (ASX: XJO) shares recovered early losses to close just inside the green after interest rates were kept on hold yesterday.

ASX 200 shares had been sharply lower in early trading but moved up immediately after the rates announcement at 2.30pm.

The ASX 200 closed 0.042% higher at 8,917.7 points.

Meanwhile, brokers indicated continuing confidence in several ASX 200 shares by renewing their buy recommendations.

Let’s take a look.

Resmed CDI (ASX: RMD)

The Resmed share price closed 1.3% lower at $27.39 on Tuesday.

Over the past six months, this ASX 200 healthcare share has fallen 28%.

Citi renewed its buy rating on Resmed shares this week.

The broker cut its 12-month price target substantially from $48 to $38.

This still suggests a potential near-40% upside ahead.

NextDC Ltd (ASX: NXT)

The NextDC share price closed 0.4% higher at $14.87 on Tuesday.

This ASX 200 tech share has risen 21% in the calendar year to date (YTD) amid a broader sector rebound.

Citi reiterated its buy rating on NextDC shares on Monday with a price target of $19.10.

This implies potential capital gains of almost 30% ahead.

Mineral Resources Ltd (ASX: MIN)

The Mineral Resources share price finished at $70.79, down 0.9%, yesterday.

Over the past six months, this ASX 200 mining share has soared 40%.

Bell Potter reaffirmed its buy rating on Mineral Resources shares on Monday.

The broker lifted its 12-month target from $80.50 to $83.

This suggests a potential 17% upside ahead.

Newmont Corporation CDI (ASX: NEM)

The Newmont share price finished at $150.16 on Tuesday, up 2%.

This ASX 200 gold share has been volatile in 2026, and is down 0.6% YTD.

Macquarie renewed its buy rating on Newmont shares on Tuesday.

The broker lowered its 12-month target from $192 to $176.

This implies potential capital growth of 17% over the next year.

Qantas Airways Ltd (ASX: QAN)

The Qantas share price finished yesterday’s trading session at $9.96, up 0.2%.

The ASX 200 airline share has ripped 18% over the past month.

UBS renewed its buy rating on Qantas with a $11.15 share price target.

This suggests a potential 12% upside ahead.

Goodman Group (ASX: GMG)

The Goodman share price closed at $32.26 on Tuesday, up 0.6%.

This ASX 200 real estate share has popped 7% higher over this past month of trading.

Bell Potter reiterated its buy rating on Goodman shares on Monday with a price target of $35.50.

This implies a potential 10% upside ahead.

Goodman announced a dividend of 15 cents per share for 2H FY26 on Tuesday.

The ex-dividend date is 29 June. Investors will receive their dividend on 26 August.

The post 6 ASX 200 shares with fresh buy ratings this week appeared first on The Motley Fool Australia.

More reading

• Here are the top 10 ASX 200 shares today
• ASX 200 jumps back into the green as RBA keeps interest rates on hold
• Brokers rate these 6 ASX 200 shares a strong buy, and tip upsides of up to 227%
• Goodman Group announces June 2026 distribution
• Why is the ASX 200 falling despite a huge Wall Street rally?

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

Last month’s Australian federal budget changes seem to make superannuation the best financial tool for Australians to invest for passive income.

Superannuation has a lower tax rate compared to many individuals, trusts and companies. Pleasingly, it’s easy to invest for the long-term through the superannuation structure.

Receiving passive income is a very pleasing element of investing in shares. When thinking about the benefits of passive income, we need to remember that with investment income, we need to focus on the net income, meaning the after-tax figure. Full-time working Aussies that invest for passive income in their own name could lose a third of those payments to tax each year, which isn’t ideal.

So, in my view, superannuation is more appealing because of its lower tax rate in the accumulation phase compared to the typical individual’s tax rate for a full-time earner. In retirement, the tax rate could be 0%.

Of course, every household’s tax situation is different, so let’s look at the desired income level, without mentioning tax for the rest of the article.

How much is needed in superannuation for $8,000 of monthly passive income?

Receiving $8,000 in dividends each month equates to an annual goal of $96,000 per year. I’m sure lots of Australians would love to receive that amount of dividends each year without needing to do ongoing work for it.

Aussie investors need to think about what kind of investments they want to own and the yield that’s attached. I believe that ASX shares are the best choice for passive income, partly because of the likely franking credits that are attached to dividends from companies.

A portfolio with a dividend yield of 7% could be half the size of a portfolio with a dividend yield of 3.5% and generate the same level of dividend income.

For example, if a portfolio were approximately $1.37 million in size, it would generate approximately $96,000 of annual dividends with a 7% dividend yield. If a portfolio had a 3.5% dividend yield, it would need to be close to $2.74 million in size to generate the same amount.

Of course, other dividend yields would require different-sized portfolios.

A 5% dividend yield would require a portfolio size of $1.92 million.  

The types of ASX dividend shares I’d want to buy

If an Australian superannuation investor wants to unlock mid-to-higher dividend yields, I’d consider excellent companies with franking credits, attractively priced real estate investment trusts (REITs) with resilient payouts, as well as listed investment companies (LICs) with a good history of growing dividends.

Some of the excellent lower-yielding companies I’d consider are Washington H. Soul Pattinson and Co. Ltd (ASX: SOL), Wesfarmers Ltd (ASX: WES) and Lovisa Holdings Ltd (ASX: LOV). I’m expecting excellent compounding payout growth from these names.

A few of the mid-range yielding ASX dividend stocks I’d look at are WCM Quality Global Growth Fund (ASX: WCMQ), Centuria Industrial REIT (ASX: CIP), Dexus Industria REIT (ASX: DXI) and Telstra Group Ltd (ASX: TLS).

I think some of the most attractive names with a higher yield include MFF Capital Investments Ltd (ASX: MFF), WCM Global Growth Ltd (ASX: WQG), Future Generation Global Ltd (ASX: FGG) and Hearts and Minds Investments Ltd (ASX: HM1).

The post How much is needed in superannuation to target an $8,000 monthly passive income? appeared first on The Motley Fool Australia.

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• Buy, hold, sell: Coles, Telstra, Wesfarmers, and Woolworths shares
• Centuria Industrial REIT unveils data centre strategy
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Motley Fool contributor Tristan Harrison has positions in Future Generation Global, Hearts And Minds Investments, Mff Capital Investments, Washington H. Soul Pattinson and Company Limited, Wcm Global Growth, and Wcm Quality Global Growth Fund. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Lovisa, Washington H. Soul Pattinson and Company Limited, and Wesfarmers. The Motley Fool Australia has positions in and has recommended Telstra Group and Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia has recommended Lovisa, Mff Capital Investments, and Wesfarmers. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Want to invest in the future? Well, the good news is that you can on the ASX.

There are a number of exchange traded funds (ETFs) that give investors exposure to the technologies, infrastructure, and industries that could shape the next decade.

Here are three exciting ASX ETFs that could be worth a closer look.

Betashares Global Robotics and Artificial Intelligence ETF (ASX: RBTZ)

The first ASX ETF to look at is the Betashares Global Robotics and Artificial Intelligence ETF.

This fund gives investors exposure to companies involved in robotics, automation, artificial intelligence (AI), and advanced industrial technology. Its holdings include ABB (SWX: ABBN), Keyence Corp (FRA: KEE), and NVIDIA (NASDAQ: NVDA).

The interesting part of this fund is that it reaches beyond the obvious AI names. It gives investors exposure to the machines, sensors, software, and specialist hardware that are changing how work gets done.

Factories are becoming more automated, hospitals are using more advanced surgical systems, warehouses and logistics networks are relying more heavily on robotics, and manufacturers are investing in technology that can improve precision, speed, and productivity.

Over the long term, businesses are likely to keep looking for ways to do more with fewer resources. That could keep demand for automation technology moving higher.

Global X Artificial Intelligence Infrastructure ETF (ASX: AINF)

Another ASX ETF that offers a way to invest in the future is the Global X Artificial Intelligence Infrastructure ETF.

This fund is built around the physical and operational backbone of artificial intelligence. Its holdings include Delta Electronics (FRA: DLS), Zhongji Innolight, and GE Vernova (NYSE: GEV).

That makes it quite different from many AI-focused investments. Rather than only targeting chipmakers or software platforms, this fund looks at what AI needs underneath the surface. That can include energy systems, data centre equipment, networking components, electrical infrastructure, and materials.

This is important because AI is not just a software story. It requires enormous computing power, reliable electricity, cooling, connectivity, and supply chains capable of supporting global demand.

As AI adoption grows, the infrastructure behind it may become just as important as the models themselves. This could bode well for the fund’s holdings over the long term.

Betashares Electric Vehicles and Future Mobility ETF (ASX: DRIV)

A third ASX ETF to look at is the Betashares Electric Vehicles and Future Mobility ETF.

This fund lets investors buy a slice of companies involved in electric vehicles, mobility technology, transport equipment, and related supply chains. Its holdings include Tesla (NASDAQ: TSLA), Sumitomo Electric Industries (FRA: SMO), and BYD (SEHK: 1211).

The future of transport is not only about electric cars. It also includes batteries, charging infrastructure, autonomous technology, advanced components, commercial vehicles, and smarter mobility systems.

That gives this fund a broader opportunity than simply trying to pick one winning carmaker.

The sector can be cyclical, competitive, and highly sensitive to policy settings and consumer demand. But the long-term shift toward cleaner, more connected transport still has years to run.

For investors wanting exposure to the changing way people and goods move around the world, this ASX ETF could be an exciting option.

The post Invest in the future with these exciting ASX ETFs appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro 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 Abb, GE Vernova, Nvidia, and Tesla. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended BYD Company. The Motley Fool Australia has recommended Nvidia. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

More reading

• ASX 200 jumps back into the green as RBA keeps interest rates on hold
• Goodman Group announces June 2026 distribution
• Why is the ASX 200 falling despite a huge Wall Street rally?
• Which ASX gold miners has Macquarie just upgraded?
• Atlas Arteria urges shareholders to reject IFM’s $5.10 takeover bid

Motley Fool contributor Sebastian Bowen 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 Life360, Pinnacle Investment Management Group, and Temple & Webster Group. The Motley Fool Australia has positions in and has recommended Life360 and Pinnacle Investment Management Group. The Motley Fool Australia has recommended Temple & Webster Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The S&P/ASX 200 Index (ASX: XJO) is down around 0.2% at the time of writing on Tuesday afternoon as investors digest the latest interest rate hold decision by the Reserve Bank.

But when market sentiment looks rocky, it’s important to know which ASX 200 shares could drag down the index further.

Here are 4 ASX 200 shares that brokers rate as a sell, and some of them are tipped to fall up to 44% over the next 12 months.

Commonwealth Bank of Australia (ASX: CBA)

CBA shares are down around 0.5% on Tuesday afternoon, to $160.99 a piece. The ASX 200 banking giant’s shares dropped 14% in mid-May after it posted a disappointing third-quarter capital update and investor sentiment seems to have been volatile ever since. Even despite the lower-than-expected financial result, the banking giant still seems to be supported by a flight to quality. But brokers aren’t convinced. With ongoing earnings pressures and expectations that growth will be in the single digits going forward, the experts still see CBA shares as significantly overvalued at the current share price. TradingView data shows that the majority of analysts have a sell or strong sell rating (14 out of 16). They tip a potential 44% downside to a minimum target price of $90, at the time of writing. 

Westpac Banking Corp (ASX: WBC)

Westpac is another ASX 200 bank stock in the spotlight this week. Its shares are also down around 0.3% at the time of writing, to $35.22 each. Westpac posted a solid first-half result in early May, but sentiment is still low and broad bank sector weakness has still pulled the shares lower. The bank’s shares came under even more selling pressure last month after a court ruling weighed on sentiment. Brokers now consider Westpac shares as overvalued. The majority (nine out of 16) have a sell or strong sell rating on the shares. The minimum $29.41 target price implies the shares have the potential to fall another 16% over the next 12 months, at the time of writing. 

Wesfarmers Ltd (ASX: WES)

Wesfarmers shares are down around 2% at the time of writing on Tuesday, to $84.86 a piece. The dip follows a huge 21% rally over the past month. But it looks like many think the shares are now above fair price. The Bunnings and Kmart owner held a strategy day last week but there was no clear trading update. Analysts are concerned that there are no near-term catalysts which could see the stock charge higher. TradingView data shows analysts are divided about the outlook for Wesfarmers shares. The majority still have a hold rating on but several (four out of 14) now rate Wesfarmers as a strong sell. What they do agree on, however, is that there is a downside ahead. The minimum $65.10 target price implies Wesfarmers shares could fall around 23% over the next 12 months, at the time of writing.

Fortescue Ltd (ASX: FMG)

Fortescue shares are slightly lower on Tuesday afternoon, down around 0.1% to $20.79 each. The ASX 200 iron ore miner has had a volatile run this year. Its shares have fluctuated anywhere between $18.96 and $22.99 a piece. The issue is the company is heavily exposed to the price of iron ore, which has also swung wildly over the past 12 months. Iron ore has also faced margin pressure from tightening Chinese steel mill profitability standards. It looks like analysts are concerned that the outlook for Fortescue is just as uncertain as the past 12 months. TradingView data shows the experts are split between a hold and a sell/strong sell rating. Unsurprisingly, the target prices also vary wildly. The minimum $16.16 target price, however, implies a potential downside of up to 22%, at the time of writing.

The post Brokers rate these 4 ASX 200 shares as a sell! appeared first on The Motley Fool Australia.

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• Here’s the dividend forecast out to 2027 for CBA shares
• Is the Westpac share price a buy in June?
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• How much superannuation does a 40-year-old actually need to retire comfortably?

Motley Fool contributor Samantha Menzies 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 Wesfarmers. The Motley Fool Australia has recommended Wesfarmers. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Dicker Data Ltd (ASX: DDR) shares have extended their recent rally on Tuesday, reaching their highest level in a year.

The Dicker Data share price climbed as high as $11.95 during mid-afternoon trade before easing slightly.

At the time of writing, the ASX tech share is up 1.97% to $11.92.

That takes its one-month gain to around 35%, while shareholders have enjoyed a rise of more than 50% over the past year.

So, what has investors buying Dicker Data shares?

Strong start to FY26

The recent rally followed a strong trading update released at Dicker Data’s annual general meeting (AGM) in late May.

For the first 4 months of FY26, unaudited gross revenue increased 13.4% to $1.27 billion.

Gross operating profit surged 19.3% to $120.9 million, while EBITDA climbed 32% to $58.2 million.

Net profit before tax delivered the biggest increase, jumping 45.5% to $47.3 million.

Management said the result was driven by stronger demand for endpoint products, software, and data centre refresh projects.

Margins also improved as the company sold through older inventory purchased at lower prices.

Tech spending is lifting demand

Dicker Data distributes hardware, software, and cloud products from major global technology vendors to more than 10,000 reseller partners across Australia and New Zealand.

This gives the company exposure to several areas of technology spending without needing to develop the products itself.

Demand is currently being supported by businesses replacing older computers, investing in data centres, and spending more on artificial intelligence (AI) infrastructure.

Software has also become a larger part of the business, with gross software sales increasing 21% during FY25 to around $1.17 billion.

Dicker Data has also added new vendors across cybersecurity, data management, and networking, expanding the range of products available to its reseller partners.

Management expects the strong end-of-financial-year trading period to support momentum through the first half. However, it warned that higher vendor prices and inventory replacement costs could weigh on demand later in the year.

Has the rally gone too far?

The strong trading update helps explain the recent rally, but a 35% rise in one month has also lifted expectations.

Dicker Data shares are now trading above several broker price targets published before the latest rally.

Morgan Stanley upgraded the stock to ‘overweight’ in late May and raised its target to $11.10.

UBS also lifted its valuation to $11.20, while Jarden has a buy rating and an $11 price target.

However, Macquarie is more cautious, with a neutral rating and a target of $10.35.

Only time will tell if Dicker Data shares have more room to run.

The post This ASX tech stock just hit a 52-week high after soaring 35% in a month appeared first on The Motley Fool Australia.

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

At 2:30pm AEST, the S&P/ASX 200 Index (ASX: XJO) was down 0.3% at 8,891 points ahead of the Reserve Bank of Australia (RBA)’s latest interest rate decision.

And, as widely expected, the RBA opted to keep the official cash rate on hold at 4.35%.

In the minutes that followed that announcement, investors favoured their buy buttons, sending the ASX 200 up 0.4% and back in the green for the day at 8,915 points.

While the market had widely priced in an RBA interest rate hold today, following three consecutive hikes at each of the central bank’s previous meetings in 2026, confirmation of those expectations was clearly welcomed.

Here’s what the RBA board had to say.

ASX 200 investors relieved on RBA interest rate pause

Sounding a cautionary note, the RBA said:

Inflation picked up materially in the second half of 2025, and information since the beginning of this year confirms that some of the increase reflected greater capacity pressures. The latest data show that headline and underlying inflation are still too high.

Fuelling ongoing inflation and potentially seeing ASX 200 investors endure another interest rate hike later this year, the RBA said, “There are signs that some firms experiencing cost pressures are increasing the prices of their goods and services and others are looking to do so.”

Positively, in terms of inflationary pressures, the RBA noted, “There are signs that growth in consumer spending is slowing as expected and momentum in the housing market has shifted, with housing prices falling in some capital cities.”

The board added that while the unemployment rate was higher than expected in April, other measures of labour market conditions have been more resilient.

Looking at what ASX 200 investors might expect ahead, the board said:

As expected, the disruption to global oil supply is having an impact on inflation. Higher fuel prices have added directly to inflation and there are indications that this is passing through to the prices of other goods and services, so inflation is likely to remain high for some time.

This inflation impulse is in addition to the high inflation recorded around the start of 2026, reflecting capacity pressures in the economy.

What are the experts saying about the RBA interest rate pause?

Commenting on the RBA’s interest rate and inflationary dilemma, Josh Gilbert, lead analyst for APAC at eToro, said:

After three hikes already this year, the board is caught between stubborn prices and a softening economy, and April’s inflation data showed just how little breathing room it has. Trimmed mean inflation ticked up to 3.4% and remains above the top of the RBA’s 2-3% target band, while the headline rate of 4.2% is still well above where the board needs it to be…

With consumer confidence tumbling again last week, households will be hoping this hiking cycle is over for now.

Carl Ang, fixed income research analyst at MFS Investment Management, added:

The RBA baseline is for prolonged stability at the current 4.35% policy rate with risks to the outlook still tilted to the upside. Potential triggers for further tightening include underlying inflation persistence above the RBA’s target as well as growth resilience like labour market stability or a consumer spending rebound…

So, when might ASX 200 investors expect some interest rate relief?

According to Ang:

Looking further ahead, H2 27 seems like the earliest for RBA rate cuts but given recent inflation overshooting any rate reductions are likely to be measured and towards neutral levels likely more than 3.5%.

The post ASX 200 jumps back into the green as RBA keeps interest rates on hold appeared first on The Motley Fool Australia.

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Motley Fool contributor Bernd Struben 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.

The metals and mining team at Macquarie has given the global copper sector a good look and upgraded its short-term outlook for the copper price.

The analyst team is now expecting prices for the red metal to be 9% stronger this calendar year, an impressive 33% up on their previous estimates for 2027 and 14% up on their 2028 estimates.

These forecasts have flowed through into their price targets for Australia’s major ASX copper miners, with a slew of upgrades announced in a recent research note to clients.

Let’s see which companies they like.

Sandfire Resources Ltd (ASX: SFR)

In terms of pure-play ASX copper companies, Sandfire is Macquarie’s top pick, with the analyst team keen on its diversified operating base, improving balance sheet, and growing pipeline.

Macquarie’s analyst team said:

The key attraction is the combination of established production, low C1 cost performance and near-term free cash flow leverage to copper and by-product prices. Growth optionality is also improving on management’s disciplined approach to M&A.  

Macquarie said the company’s joint venture with Havilah Resources Ltd (ASX: HAV) also added a potential long-life copper-gold development option in South Australia over the medium term.

Macquarie has a price target of $21 per share on Sandfire compared to $20.86 currently.

Capstone Copper Corp (ASX: CSC)

The Macquarie team have an outperform rating on Capstone, saying the company offers a more leveraged exposure through its diversified Americas portfolio.

They said:

We see the key attraction as a combination of operating scale, copper beta and self funded growth, with balance sheet capacity improving; net debt reduced to US$738m at 1QCY26. The main risks remain execution at Mantoverde and Santo Domingo sanctioning (both in the 4QCY36), and input-cost inflation, but we view the risk/reward as attractive given strong growth outlook at an attractive multiple.

Macquarie has an $18 price target on Capstone shares compared to $15.41 currently.

Looking at some other companies in less detail, Macquarie has upped its price target for Aurelia Metals Ltd (ASX: AMI) from 40 cents to 43 cents. That would constitute a 38.7% return if achieved.

For Aeris Resources Ltd (ASX: AIS), Macquarie now has a price target of 73 cents, up from 70 cents. That compares to the current price of 42 cents.

Carnaby Resources Ltd (ASX: CNB) now has a price target of 80 cents, up from 70 cents, compared to 69 cents currently.

And for FireFly Metals Ltd (ASX: FFM), the price target has increased from $2.30 to $2.50, compared to $2.04 currently.

The post Macquarie has upgraded its copper price outlook. Let’s see which ASX shares they like appeared first on The Motley Fool Australia.

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Motley Fool contributor Cameron England 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. 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.

The S&P/ASX 200 Index (ASX: XJO) is down around 0.5% at the time of writing on Tuesday. The index has pulled back from a spike late last week due to a drop in financial and energy stocks.

But here are six ASX 200 shares that could turn the index around over the next 12 months. And they’re all rated a strong buy by brokers, with upsides of up to 227% ahead.

Goodman Group (ASX: GMG) 

Goodman shares are up around 0.5% to $32.22 at the time of writing on Tuesday. The company owns strategic industrial land in major cities and has been shifting more of its development pipeline toward data centre projects. Despite concerns about property valuations and global growth, Goodman recently confirmed its FY26 guidance. It is targeting at least 9% earnings per security (EPS) growth. The combination has helped drive market interest. TradingView data shows the majority of brokers have a strong buy rating on the ASX 200 shares. They tip a 24% upside to a maximum $40 target price over the next 12 months.

Aristocrat Leisure Ltd (ASX: ALL)

Aristocrat shares are down around 1.7% at the time of writing on Tuesday, at $52.19 a piece. The company has gained a dominant share of the gaming industry and posted a positive first-half result last month. It posted a 6.4% increase in normalised revenue in constant currency, a 14% increase in normalised EBITA in constant currency, and increased its on-market share buyback program by $1 billion. Brokers are incredibly bullish that its share price can keep going higher over the next 12 months. The majority have a strong buy rating on the ASX 200 shares and tip a potential 33% upside to a maximum target price of $69.40 at the time of writing.

Yancoal Australia Ltd (ASX: YAL)

Yancoal shares are flat at the time of writing and trading for $6.07 a piece. The ASX 200 coal stock has outperformed this year, driven by higher-than-expected production figures and demand for metallurgical coal, which is used in steel production. Brokers think the coal miner’s shares can fly even higher in the next 12 months. Again, the majority have a strong buy rating, and they forecast a maximum price target of $14.16, which implies a potential 133% upside ahead.

Evolution Mining Ltd (ASX: EVN)

Evolution shares are up around 1.5% in Tuesday’s trade, to $13.10 a piece. The ASX 200 gold miner’s shares have enjoyed a rebound in the price of gold recently, as expectations that a US-Iran peace agreement would reopen the Strait of Hormuz eased fears of an energy-driven inflation shock. Evolution recently highlighted solid growth in both gold and copper reserves, along with encouraging exploration results. Brokers tip a maximum target price of $19.55 over the next 12 months. This implies a potential 48% upside at the time of writing.

Qantas Airways Ltd (ASX: QAN)

Qantas shares are slightly higher in Tuesday’s trade, up around 0.2% to $9.96 a piece. The ASX 200 airline’s shares were smashed lower earlier this year but have staged an impressive comeback over the past month, on the back of stronger-than-expected travel demand and a weakening oil price, thanks to news of a potential US-Iran peace deal. Brokers tip a maximum $12.80 target price. This implies a potential upside of up to 29% at the time of writing.

Xero Ltd (ASX: XRO) 

Xero shares are down around 1.5% at the time of writing to $72.35 each. It’s been a difficult year for the ASX 200 tech stock after a sector-wide sell-off saw its share price plunge. But the company benefits from an incredibly sticky subscription base and high customer retention rates. This means its revenue is relatively predictable. As a relatively small market player, it also has a lot of growth potential. Most analysts have a strong buy rating on the shares. They tip an upside of up to 227% to a maximum target price of $237.40. 

The post Brokers rate these 6 ASX 200 shares a strong buy, and tip upsides of up to 227% appeared first on The Motley Fool Australia.

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

The Goodman Group (ASX: GMG) share price is in focus after announcing a distribution of 15 cents per security for the six months ending 30 June 2026. This payment is scheduled for 26 August 2026 and will be fully unfranked.

What did Goodman Group report?

• Distribution of 15 cents per security, unfranked
• Record date: 30 June 2026
• Ex-dividend date: 29 June 2026
• Payment date: 26 August 2026
• The distribution covers the six-month period ending 30 June 2026

What else do investors need to know?

The company says it will provide more information about the tax components of this distribution on 24 August 2026. Investors should note that this distribution is not franked, so it may have different tax consequences compared to fully franked dividends.

Goodman Group has confirmed that the amount is estimated at this stage, and full details will be announced closer to the payment date. There is no dividend reinvestment plan linked to this particular distribution.

What’s next for Goodman Group?

Investors can look forward to the upcoming tax details and confirmation of the final distribution amount in August. Goodman Group’s ongoing updates will help unit holders plan for the payment date in late August.

As Goodman continues its regular distribution payments, its next move may depend on broader market conditions and operational updates expected in future announcements.

Goodman Group share price snapshot

Over the past 12 months, Goodman Group shares have declined 7%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 4% over the same period.

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The post Goodman Group announces June 2026 distribution appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart 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 Goodman Group. The Motley Fool Australia has recommended Goodman Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.