Connect with us

National

Top brokers name 3 ASX shares to buy next week 4 October 2020 // Motley Fool Australia – Motley Fool Australia

Top brokers have named Fortescue Metals Group Limited (ASX:FMG) and these ASX shares as buys for next week. Here’s why they are bullish…

Published

on

post featured image

Last week saw a large number of broker notes hitting the wires once again. Three buy ratings that caught my eye are summarised below.
Here’s why brokers think investors ought to buy them next week:
Fortescue Metals Group Limited(ASX: FMG)
According to a note out of UBS, its analysts have retained their buy rating and lifted the price target on this iron producer’s shares to $19.00. The broker notes that iron ore prices were strong during the third quarter of 2020. This has put Fortescue in a …

Click here to view the original article.

Safety Mate