With the majority of brokers across Australia taking a well-earned break, broker notes are few and far between at present.

In light of this, listed below are a few recent broker recommendations that remain very relevant today. Here’s are three ASX shares rated as buys:

Appen Ltd (ASX: APX)

According to a note out of Citi, its analysts have retained their buy rating and $17.10 price target on this artificial intelligence data services company’s shares. Citi is sticking with Appen despite news that Amazon has launched a new SageMaker Ground Truth Plus service that uses an expert workforce to deliver high-quality training datasets faster. The broker believes that while competition in the Enterprise space may increase, competition with Appen’s major technology customers shouldn’t be impacted. The Appen share price is trading at $10.75 before the break.

Australia and New Zealand Banking GrpLtd (ASX: ANZ)

A note out of Morgans reveals that its analysts have retained their add rating and $31.00 price target on this banking giant’s shares. Morgans remains positive on the banking sector as a whole and believes there is potential for further capital management and generous dividends in the near term. Its analysts also expect rising interest rates to be supportive of earnings growth in the coming years. The ANZ share price last traded at $27.46.

Treasury Wine Estates Ltd (ASX: TWE)

Another note out of Citi reveals that its analysts have retained their buy rating and $13.80 price target on this wine company’s shares. Citi came away from a key industry event in the United States feeling very positive. It notes that the update pointed to a recovery in high-margin on-premise and cellar-door wine sales in the United States. This is consistent with recent feedback from rival Duckhorn. In light of this, the broker is forecasting Treasury Americas’ first half EBITS to increase by 19% despite the divestment of commercial wine brands in March 2021. The Treasury Wine share price was trading at $12.20 at the end of last week.

The post Leading brokers name 3 ASX shares to buy appeared first on The Motley Fool Australia.

More reading

• These are the 10 most shorted ASX shares
• Is the ANZ (ASX:ANZ) share price a buy with its 8% dividend yield?
• 3 ASX 200 dividend shares to buy for 2022 and beyond
• Broker tips ANZ (ASX:ANZ) share price to keep rising
• Should Appen (ASX:APX) shareholders worry about Amazon in 2022?

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. owns and has recommended Appen Ltd. The Motley Fool Australia owns and has recommended Appen Ltd. The Motley Fool Australia has recommended Treasury Wine Estates Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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With many analysts taking a well-earned break over the holiday period, broker notes are few and far between currently.

In light of this, listed below are a few recent broker recommendations that are still very relevant today. Here’s are three ASX shares rated as sells:

AMP Ltd (ASX: AMP)

According to a note out of UBS, its analysts have retained their sell rating and trimmed their price target on this financial services company’s shares to 90 cents. UBS made the move to reflect AMP’s demerger plans. The broker isn’t positive on PrivateMarketsCo’s outlook, nor that of the core AMP business, and doesn’t believe the demerger will unlock near-term value for shareholders. The AMP share price ended the week at $1.00.

Commonwealth Bank of Australia (ASX: CBA)

A note out of Morgans reveals that its analysts have retained their reduce rating and $73.00 price target on this banking giant’s shares following a review of the banking sector. While Morgans is positive on the sector, it continues to believe the CBA share price is overvalued at the current level and sees better value on offer with other banks. Morgans has previously stated its belief that the premium CBA’s shares trade at to the other big banks is unjustifiably large. The CBA share price ended the week at $100.63

Magellan Financial Group Ltd (ASX: MFG)

Another note out of UBS reveals that its analysts have retained their sell rating and slashed their price target on this fund manager’s shares to $17.00. This follows news that Magellan has lost its biggest client, St James Place. UBS suspects there could be more mandate terminations in the future, as well as further net fund outflows. The broker feels this will put pressure on fund fees. The Magellan share price was fetching $21.21 at Friday’s close.

The post Leading brokers name 3 ASX shares to sell appeared first on The Motley Fool Australia.

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• Top brokers name 3 ASX shares to sell next week
• These were the worst performing ASX 200 shares last week
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• Here are the top 10 ASX shares today

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 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 Bruce Jackson.

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If you’re wanting to buy some blue chip ASX 200 shares then the two listed below could be worth considering.

These blue chips have been named by Bell Potter as some of its top picks for 2022. Here’s what it is saying about them:

National Australia Bank Ltd (ASX: NAB)

The first blue chip ASX 200 share that is rated as a buy is banking giant NAB. The broker likes the bank due to its positive post-COVID outlook and strong balance sheet.

Bell Potter commented: “NAB’s FY21 performance reflected a better credit impairment outcome more than anything else but there was still ongoing momentum across home lending (+2.5%), SME lending (+5.1%) and New Zealand (a whopping +11.2%). Overall, there is nothing to suggest things haven’t improved and the bank rightly remains “optimistic about the long-term outlook for Australia and New Zealand.”

“The longer term operating environment post COVID-19 remains positive for ANZ and NAB. Both are well-provisioned and well-placed to capitalise on post- pandemic opportunities in retail and SME banking,” it added.

Its analysts have a buy rating and $31.00 price target. This compares to the latest NAB share price of $28.89.

TechnologyOne Ltd (ASX: TNE)

In the tech sector, Bell Potter believes Technology One could be an ASX 200 blue chip to buy. It believes the company is well-placed for double digit earnings growth as customers shift to its software-as-a-service (SaaS) offering.

The broker commented: “Technology One is a provider of ERP (enterprise resource planning) software to large corporates and government agencies in Australia, New Zealand, Asia Pacific and the UK. The key competitive advantage of the company is it has developed a fully integrated SaaS solution of its software and is now switching customers to this solution.”

“The migration is now >50% complete and Technology One is starting to reap the benefits of greater recurring revenue and a higher margin. This combination will in our view drive double digit earnings growth for years to come and, as the migration of customers approaches 100%, we expect the multiple to re-rate to that of a pure SaaS company. Buy, Price Target $15.00,” it concluded.

This price target is meaningfully higher than the current Technology One share price of $12.79.

The post Bell Potter names 2 ASX 200 blue chip shares to buy in 2022 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 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 Bruce Jackson.

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There are a few different reasons why the Redbubble Ltd (ASX: RBL) share price could be a good one to consider for the long-term.

Redbubble is an e-commerce platform business. It sells a wide range of products that have designs on them which have been created by artists. Those artists receive a slice of each sale. Items like wall art, phone cases and clothes are among the categories that people can choose to buy.

Morgan Stanley currently rates the business as a buy, with a current price target of $6.50. That’s more than 90% higher than where it is today.

Here are a few compelling reasons why the Redbubble share price could be one to watch.

Large addressable market

Redbubble says that the e-commerce spending in its current addressable product categories in ‘core geographies’ was $300 billion in 2020 and is expected to rise to $400 billion in 2024. That would be growth of more than 9% per annum.

The total global addressable market in its product categories is expected to be more than $1 trillion by 2024.

The company says it’s benefiting from a number of useful macro trends including structural shifts to e-commerce (which are expected to endure), increasing customer demand for unique and meaningful products, a growing creator economy and customers looking for sustainability and corporate responsibility.

Within the company’s core market, more than a third of customers are supposedly seeking something that is “unique and meaningful”.

Management believe that it has “truly global” opportunities with the potential “expand across all geographies”.

Repeat customer spending is growing

Redbubble is seeing a growing number of sales coming from repeating customers.

In FY21, the ASX tech share saw that repeat purchases made up 42% of marketplace revenue (which is revenue after paying the artists). Last financial year, repeat purchases increased 67% year on year to $232 million of marketplace revenue.

Morgan Stanley thinks that returning customers buying products is an important part of Redbubble’s future and can help it achieve its longer-term goals. This could be a helpful factor for the Redbubble share price.

The company continues to invest in new and improved ways to reach customers, including its apps.

It is doing a number of loyalty experiments, with some showing “early positive retention signals.”

Long-term growth plans

The business has a goal of reaching $1.25 billion of marketplace revenue in the longer-term.

It’s going to invest in four key areas. The first is artist activation and engagement. Second, user acquisition and transaction optimisation. Third is customer understanding, loyalty and brand building. Fourth is product range and the third party fulfilment network.

In the shorter-term it is going to invest heavily and grow its global market leadership in the artist product space.

But over the longer-term, this growth is expected to lead to a rising earnings before interest, tax, depreciation and amortisation (EBITDA) margin as operating leverage builds.

Geographic expansion remains a longer-term aspiration for the business.

The post 3 reasons why the Redbubble (ASX:RBL) share price could be a great buy appeared first on The Motley Fool Australia.

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Motley Fool contributor Tristan Harrison 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 Bruce Jackson.

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The Australian share market is home to a good number of shares offering attractive dividend yields.

But which ones should you buy over others? Here’s are two that analysts rate as buys right now:

Accent Group Ltd (ASX: AX1)

The first ASX dividend share to look at is this footwear focused retail group. It is the name behind a number of popular store brands such as The Athlete’s Foot, HYPE DC, and Platypus. The company also has exclusive distribution of several brands in the Australian market, including Reebok.

Although FY 2022 will be a difficult year because of lockdowns, the company has been tipped to resume its solid growth next year by the team at Bell Potter.

In light of this, the broker believes it is well worth sticking with Accent and recently reiterated its buy rating and put a $3.05 price target on its shares.

As for dividends, Bell Potter is forecasting dividends per share of 9.1 cents in FY 2022 and 13.5 cents in FY 2023. Based on the latest Accent share price of $2.38, this represents yields of 3.8% and 5.7%, respectively.

Mineral Resources Limited (ASX: MIN)

Another ASX dividend share analysts have named as a buy is Mineral Resources. It is a mining and mining services company with exposure to two commodities – iron ore and lithium. While the former has been acting as a drag on its performance, record high lithium prices are limiting the damage.

It is because of the latter that the team at Macquarie remain very positive on Mineral Resources. Last week the broker reaffirmed its outperform rating and lifted its price target to $79.00. Macquarie believes lithium prices will remain at record level for the next four years.

The broker has also lifted its dividend estimates for the coming years. It now expects fully franked dividends per share of $1.67 in FY 2022 and then $2.25 in FY 2023. Based on the latest Mineral Resources share price of $54.99, this will mean yields of 3% and 4.1%, respectively.

The post 2 buy-rated ASX dividend shares appeared first on The Motley Fool Australia.

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• Macquarie names the best ASX lithium shares to buy in 2022

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

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There are some leading ASX shares that are rated as buys for 2022 by brokers.

Analysts are always on the lookout for opportunities that are good value and could generate attractive returns for investors.

Share prices are always changing and management are usually working on development plans.

These two businesses are deemed to be opportunities:

Tyro Payments Ltd (ASX: TYR)

Tyro is currently rated as a buy by at least three brokers, including Ord Minnett.

The broker has a price target of $4.30 on the business, which suggests a potential upside of more than 50%. Tyro continues to grow and Ord Minnett thinks that the ASX share can deliver growth in the second half of FY22 as well.

Tyro Payments has regularly been giving investors updates about the transaction value that is being processed through its systems.

In FY22, Tyro saw December (to 17 December) transaction volume growth of 38% to $2 billion. November growth was 43%. October growth was 34%. Both August and September saw growth of at least 20%, despite the lockdowns in both Sydney and Melbourne.

The ASX share says that it’s a tech company providing payments and business banking, taking on “the big guys”. Management say that the business is well positioned to continue to accelerate growth, with tailored payment solutions which is driving strong merchant base and transaction value growth.

There are a number of growth drivers for the business, including adding new ‘verticals’, increasing its market share of existing verticals and achieving operating leverage as platforms continue to scale which will help grow profit margins.

Temple & Webster Group Ltd (ASX: TPW)

Temple & Webster is currently rated as a buy by at least three different brokers, including Credit Suisse.

The broker has a price target on the furniture and homewares business of $15.89. That’s more than 50% higher than where it is today.

A key highlight for the broker is the ongoing fast growth of sales despite the large amount of growth already experienced in FY21.

Management say that the business continues to experience strong tailwinds, including the ongoing adoption of online shopping due to structural and demographic shifts. Management also say the company is a long-term growth story.

For the period of 1 July to 15 October 2021 it saw growth of sales 56%. Whilst the full year earnings before interest, tax, depreciation and amortisation (EBITDA) margin is expected to be between 2% to 4%, the first half is expected to be higher than this level.

The ASX share says that as its scale increases its operating leverage, it will allow for an acceleration of investment in future growth and taking market share. It’s investing in things like marketing, technology development, product range and the overall customer experience.

Increasing scale will help with costs like product sourcing, logistics and marketing.

This business has the ultimate goal of becoming the largest retailer (online and offline) for furniture and homewares in its home market.

The post Brokers say these 2 top ASX shares are buys in 2022 appeared first on The Motley Fool Australia.

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• Could 2022 be the year ASX 200 tech shares get some love?

Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns and has recommended Temple & Webster Group Ltd and Tyro Payments. The Motley Fool Australia has recommended Temple & Webster Group Ltd and Tyro Payments. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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Looking for some small cap shares to add to your watchlist? Then have a look at the ones listed below.

Here’s why they could be worth getting better acquainted with in 2022:

Bigtincan Holdings Ltd (ASX: BTH)

The first small cap to watch is Bigtincan. It is a provider of enterprise mobility software. This software allows sales and service organisations to increase their sales win rates, reduce expenditures, and improve customer satisfaction through improved mobile worker productivity.  It has a number of blue chip clients such as Australia and New Zealand Banking Group (ASX: ANZ), Guess, sports giant Nike, and ThermoFisher.

BlueBet Holdings Ltd (ASX: BBT)

Another small cap ASX share to watch is BlueBet. It is an online sports betting company that allows users to bet on all Australian and international racing and sports. BlueBet has been growing its sales at a very strong rate thanks to the increasing popularity of sports betting and the shift away from betting houses. Given its modest market share in Australia and management’s US ambitions, it has a very long runway for growth over the next decade.

PlaySide Studios Limited (ASX: PLY)

A final small cap ASX share to watch is PlaySide Studios. It is a growing independent video game developer with an expanding portfolio of games. These include games based on its own original intellectual property and those through licensing deals with Hollywood studios such as Disney. It also recently announced a landmark work-for-hire development agreement with 2K Games. It is a label of leading global publisher Take-Two Interactive Software (NASDAQ: TTWO), which is best-known as the company behind the Grand Theft Auto series.

The post 3 small cap ASX shares to watch in 2022 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. owns and has recommended BIGTINCAN FPO. The Motley Fool Australia has recommended BIGTINCAN FPO and BlueBet Holdings Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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With interest rates still at very low levels, it continues to be a difficult period for income investors. The good news is there are plenty of ASX dividend shares that can help you overcome low rates in 2022.

Two such ASX 200 dividend shares to look at are listed below. Here’s what you need to know about them:

Centuria Industrial Reit (ASX: CIP)

The first ASX 200 dividend share to look at is Centuria Industrial. It is the largest domestic pure play industrial REIT with a portfolio of high-quality industrial assets situated in key metropolitan locations throughout Australia and underpinned by a quality and diverse tenant base.

Management notes that its portfolio is well positioned with an 89% weighing to Australia’s high performing eastern seaboard industrial markets and underpinned by a strong tenant base. In respect to its tenant base, almost two-thirds of portfolio income is derived from occupants directly linked to the production, packaging and distribution of consumer staples, telecommunications and pharmaceuticals.

Macquarie is a fan of the company. Its analysts are forecasting dividends per share of 17.3 cents in FY 2022 and 18.7 cents in FY 2023. Based on the current Centuria Industrial share price of $4.08 this will mean yields of 4.25% and 4.6%, respectively. Macquarie has an outperform rating and $4.16 price target on its shares.

Healius Ltd (ASX: HLS)

Another ASX 200 dividend share to look at is Healius. It is a healthcare company with a focus on pathology, diagnostic imaging, day hospitals, and IVF.

It is the company’s COVID testing business that is firing on all cylinders at present. Extremely strong demand for testing services has been underpinning very strong sales and earnings. Pleasingly for Healius, this looks set to continue for the foreseeable future following the emergence of the Omicron strain.

The team at Morgans is very positive on Healius and is forecasting fully franked dividends per share of 23 cents in FY 2022 and 19 cents in FY 2023. Based on the current Healius share price of $5.37 this will mean yields of 4.3% and 3.5%, respectively. Morgans has an add rating and $5.79 price target on its shares.

The post 2 excellent ASX 200 dividend shares to buy now 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 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 Bruce Jackson.

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If you’re a fan of growth shares then you’ll be pleased to know there are plenty of quality options to choose from on the Australian share market.

Three high quality options that have recently been given buy ratings are listed below. Here’s why these ASX growth shares are rated highly right now:

Adore Beauty Group Limited (ASX: ABY)

Adore Beauty could be an ASX growth share to buy. It is a leading online retailer in the $11.2 billion Australian beauty and personal care market. Adore Beauty has been growing strongly over the last few years thanks to its highly successful business model. Its integrated model combines online retail with education and entertainment, making its website a destination for consumers even when they’re not purchasing items. During the first quarter of FY 2022, Adore Beauty reported revenue of $63.8 million, up 25% on the prior corresponding period. This is still only a small slice of its addressable market. UBS is positive on Adore Beauty. It currently has a buy rating and $6.00 price target.

PointsBet Holdings Ltd (ASX: PBH)

PointsBet is another ASX growth share to look closely at. It is a sports betting operator and iGaming provider offering innovative sports and racing betting products and services via a scalable cloud-based platform. PointsBet has been growing at a rapid rate over the last few years thanks to its growing customer base in both the ANZ and US markets. Looking ahead, the team at Goldman Sachs expect this positive form to continue and is forecasting very strong growth over the coming years as its US expansion continues. This will be supported by its game-changing deal with leading US sports broadcaster NBCUniversal. Goldman currently has a buy rating and $12.79 price target on the company’s shares.

Xero Limited (ASX: XRO)

A final ASX growth share to look at is Xero. It is a provider of a cloud-based business and accounting solution to small and medium sized businesses. Xero has been growing strongly over the last few years and looks well-positioned to continue the trend in the years to come. This is thanks to its international expansion, acquisitions, the transition to the cloud, and its burgeoning app ecosystem. The latter has significant monetisation potential. Goldman Sachs is also very positive on Xero. It has a buy rating and $158.00 price target on its shares. Its analysts believe Xero is capable of delivering strong revenue growth over multiple decades.

The post 3 ASX growth shares could be strong buys 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. owns and has recommended Pointsbet Holdings Ltd and Xero. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Adore Beauty Group Limited. The Motley Fool Australia owns and has recommended Xero. The Motley Fool Australia has recommended Adore Beauty Group Limited and Pointsbet Holdings Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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Once a week I like to look at ASIC’s short position report to find out which shares are being targeted by short sellers.

This is because I believe it is well worth keeping a close eye on short interest levels as high levels can sometimes be a sign that something isn’t quite right with a company.

With that in mind, here are the 10 most shorted shares on the ASX this week according to ASIC:

• Flight Centre Travel Group Ltd (ASX: FLT) continues to be the most shorted ASX share after its short interest remained flat at 14.6%. Fears that the Omicron variant of COVID-19 is derailing the travel market recovery continue to weigh on sentiment.
• Kogan.com Ltd (ASX: KGN) has seen its short interest ease again to 10.6%. Short sellers have been targeting this ecommerce company due to its very disappointing performance over the last 12 months and expectations that it will continue in FY 2022.
• Redbubble Ltd (ASX: RBL) has short interest of 9.9%, which is down week on week. Redbubble is another ecommerce company that has been underperforming in FY 2022. Short sellers don’t appear to believe its performance will improve quickly.
• Mesoblast limited (ASX: MSB) has short interest of 9.2%, which is up week on week. Earlier this month Novartis terminated an agreement that could have been worth US$1.25 billion to Mesoblast.
• Zip Co Ltd (ASX: Z1P) has seen its short interest rise to 9.1%. Zip’s shares have come under pressure this month amid reports that US regulators are looking into the BNPL market.
• Webjet Limited (ASX: WEB) has short interest of 8.8%, which is down week on week. The emergence of the Omicron variant has spooked investors and demonstrated that the travel market is not out of the COVID woods just yet.
• BHP Group Ltd (ASX: BHP) has short interest of 8.3%, which is up week on week. Short sellers may have concerns about iron ore demand in China amid the Evergrande crisis.
• Polynovo Ltd (ASX: PNV) has seen its short interest rise to 7.5%. Short sellers have increased their positions despite the medical device company releasing a much-improved sales update this month.
• Appen Ltd (ASX: APX) has entered the top ten with short interest of 7.2%. This appears to have been driven by concerns over structural changes that are reportedly seeing some tech companies bypass artificial intelligence data services providers and taking things in-house.
• AMA Group Ltd (ASX: AMA) is in the top ten with short interest of 7.1%. This crash repair company’s shares have come under pressure this year amid concerns over its precarious balance sheet.

The post These are the 10 most shorted ASX shares 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. owns and has recommended Appen Ltd, Kogan.com ltd, POLYNOVO FPO, and ZIPCOLTD FPO. The Motley Fool Australia owns and has recommended Appen Ltd and Kogan.com ltd. The Motley Fool Australia has recommended Flight Centre Travel Group Limited and Webjet Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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