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Top brokers name 3 ASX shares to buy next week 18 October 2020 // Motley Fool Australia




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:

Bank of Queensland Limited (ASX: BOQ)

According to a note out of Morgans, its analysts have upgraded this regional bank’s shares to an add rating with a $7.20 price target. The broker made the move after Bank of Queensland delivered a full year result ahead of its expectations. This was driven by strong net interest income. Looking ahead, the broker notes that its forecasts are ahead of the consensus estimates. However, it feels these estimates are more than achievable. While I see more value in some of the big four banks, Bank of…

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