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The best brokers name 3 shares of ASX that can be bought next week on May 22, 2022


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Last week, a number of brokerage bills hit the net again. Below are three buying ratings that investors might want to know about.

Here’s why brokers believe investors should buy them next week:

Aristocrat Leisure Limited 04.30 ASX: ALL

According to a note from Morgans, its analysts maintained their additional rating, but lowered the target price for shares of this gaming technology company to $ 43.00. Morgans notes that Aristocrat delivered a stronger-than-expected result in six months. It also highlights that the company’s investment in products and partnerships has paid off well in the Americas Gaming segment, and there has been positive revenue growth in ANZ, International Class III Gaming and Pixel United. In general, the broker remains confident in the long-term organic growth potential of the company. The stock price of Aristocrat ended the week at $ 35.17.

Premier Investments Limited (ASX: PMV)

A note from Citi shows that its analysts have raised shares of this retail conglomerate to a buying rating with a target price of $ 29.00. Citi is a supporter of Premier Investments because of the belief that Smiggle brands and fashion brands will be winners again. And while that may not be the case for the Peter Alexander brand, he still expects it to hold up well enough. Shares of Premier Investments at the close on Friday were $ 22.69.

Goldman Sachs analysts have maintained a buying rating and a target price of $ 6.90 on shares of this online travel agent. This follows from the publication of results for the entire year, which did not achieve profits, but far exceeded the cash flow generation. Looking ahead, the broker believes that Webjet has strong growth prospects and an equally strong cash balance, which can help it take advantage of any opportunity to increase value. Webjet shares traded at $ 6.00 at the end of the week.


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