Latest SiteMinder News
Nov 29, 2021
Image Source: Getty Images With so many shares to choose from on the ASX, it can be hard to decide which ones to buy. The good news is that brokers across the country are doing a lot of the hard work for you. Three top ASX shares leading brokers have named as buys this week are listed below. Here’s why they are bullish on them: According to a note out of Morgans, its analysts have retained their add rating and lifted their price target on this homewares retailer’s shares to $4.80. The broker notes that Adairs is acquiring Focus on Furniture for $80 million. Morgans is pleased with the purchase and expects it to complement its core business and provide network expansion opportunities. All in all, the broker feels Adairs’ shares are cheap at the current level, particularly given the company’s attractive growth and dividend profile. The Adairs share price is trading at $3.66 today. A note out of UBS reveals that its analysts have retained their buy rating and $53.60 price target on this gaming technology company’s shares. UBS has been looking at Aristocrat’s market position and notes that it is outperforming other gaming machine manufacturers significantly with four of the top five premium cabinets in the market. This bodes well for its future growth. The Aristocrat share price is fetching $44.72 this afternoon. Analysts at Ord Minnett have commenced coverage on this hotel commerce platform provider’s shares with a buy rating and $7.36 price target. According to the note, the broker is a fan of the company and its evolution towards offering a range of global solutions to the hotel market. All in all, the broker believes Siteminder is well-placed to deliver strong revenue growth over the coming years. The Siteminder share price is trading at $6.08 on Monday afternoon. Should you invest $1,000 in Siteminder right now? Before you consider Siteminder, you'll want to hear this. Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now... and Siteminder wasn't one of them. The online investing service he’s run for nearly a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more. * And right now, Scott thinks there are 5 stocks that are better buys.