7 ASX 200 shares with reaffirmed buy ratings this week
Meanwhile, brokers have indicated continuing confidence in scores of ASX 200 shares this week.
Let's see a sample.
Santos Ltd (ASX: STO)
The Santos share price is $8.51, down 0.8% today.
Over the past month, this ASX 200 energy share has risen 5%.
Bernstein renewed its buy rating on Santos shares on Monday.
The broker raised its 12-month price target from $8.90 to $10.10.
This suggests a potential 19% upside ahead.
Xero Ltd (ASX: XRO)
The Xero share price is $63.29, down 3.3% today.
This ASX 200 tech share has fallen 24% over the past month.
Citi reiterated its buy call on Xero shares with a price target of $113.60.
This implies potential capital gains of 80% ahead.
Westpac Banking Corp (ASX: WBC)
The Westpac share price is $34.57, down 0.8% today.
Over the past month, this ASX 200 bank share has fallen 0.3%.
UBS reaffirmed its buy rating on Westpac shares with a 12-month target of $45.
This suggests a potential 30% upside ahead.
Rural Funds Group (ASX: RFF)
The Rural Funds share price is $1.95, down 0.5% today.
This ASX 200 agricultural real estate investment trust (REIT) has fallen 11% over the past month.
UBS renewed its buy rating on Rural Funds Group shares with a $2.30 target.
This implies potential capital growth of 19% over the next year.
AMP Ltd (ASX: AMP)
The AMP share price is $2.49, down 0.2% today.
Over the past month, this ASX financial share has risen 6%.
Citi renewed its buy rating on AMP shares with a $2.60 target.
This suggests a potential 4% upside ahead.
Zip Co Ltd (ASX: ZIP)
The Zip share price is $2.21, down 0.5% today.
This ASX 200 financial share has fallen 13% over the past month.
Citi reiterated its buy rating on Zip shares on Monday.
The broker lowered its 12-month target from $3.55 to $3.20 per share.
This implies a potential 45% upside ahead.
Ramelius Resources Ltd (ASX: RMS)
The Ramelius Resources share price is $3.57, up 2.7% today.
Over the past month, this ASX 200 gold share has fallen 1%.
Morgans renewed its buy call on Ramelius Resources shares with a $4.74 target.
This suggests a potential 33% upside ahead.
Morgans said:
RMS is expected to release FY27 guidance and an updated outlook to FY30 in Sep-26, following execution of the EPC contract for the Mt Magnet mill expansion, providing greater clarity on project costs and timing.
The post 7 ASX 200 shares with reaffirmed buy ratings this week appeared first on The Motley Fool Australia.
Citigroup is an advertising partner of Motley Fool Money. Motley Fool contributor Bronwyn Allen has positions in Zip Co. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Xero. The Motley Fool Australia has positions in and has recommended Rural Funds Group and Xero. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
The Motley Fool's purpose is to help the world invest, better. Click here now for your free subscription to Take Stock, The Motley Fool's free investing newsletter. Packed with stock ideas and investing advice, it is essential reading for anyone looking to build and grow their wealth in the years ahead. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson. 2026