UPDATE: Brokers have just announced urgent recommendations for three ASX shares that investors should consider buying today. As market activity resumes after the holiday break, these insights are critical for any investor looking to make informed decisions immediately.
Catapult Sports Ltd (ASX: CAT) is receiving attention from Bell Potter, which has confirmed a buy rating with a revised price target of $6.50. This comes after the company reported a strong FY 2025 result, showcasing earnings that exceeded both their guidance and expectations. The impressive performance is attributed to a higher-than-forecast margin, indicating robust business health. Looking forward, Bell Potter anticipates strong double-digit growth, bolstered by the recent IMPECT acquisition and opportunities for expansion into new sports. Currently, Catapult shares are trading at $4.10.
In another significant update, Coles Group Ltd (ASX: COL) has retained its outperform rating and price target of $26.10, as reported by Macquarie. After a recent visit to Coles’ food manufacturing facilities, analysts noted the capacity to produce 970 tonnes of cooked products and 1.5 million meals per week. This capacity is crucial, as Coles is positioning itself in the growing ready-made meal market. Macquarie projects a compound annual growth rate of 10% in earnings per share over the next three years, driven by supply chain investments and market share gains. The current share price for Coles stands at $21.39.
Furthermore, Lovisa Holdings Ltd (ASX: LOV) has seen an upgrade from analysts at Morgans, who have raised their rating to buy with a target price of $40.00. Following Lovisa’s trading update for the first 20 weeks of FY 2026, Morgans highlighted a sales growth rate of over 20%, despite challenging retail conditions. The firm believes that now presents a prime opportunity to invest in this quality retailer, especially as Lovisa’s shares are trading close to their historical averages while offering significant potential for earnings growth. Today, Lovisa shares are priced at $29.13.
Investors are encouraged to consider these recommendations as they reflect substantial potential for growth and resilience in these companies. As stock markets react to these insights, staying informed will be crucial for making timely investment decisions.
Next Steps: Monitor the performance of these ASX shares closely, as market reactions unfold in the coming days. With prices and recommendations shifting, now is the time for investors to act decisively.
Keep an eye on developments from these brokers as they continue to provide updates that could impact the investment landscape.
