Are you on the hunt for big returns to drive your portfolio to the next level? If you are, then it could be worth checking out the two ASX 200 shares that are listed below.
That's because analysts have named them as buys and are tipping them to rise at least 20% over the next 12 months. Here's what you need to know about them:
The first ASX 200 share that could have big return potential is Domino's. It is of course a leading pizza chain operator with stores across ANZ, Asia, and Europe.
It has been out of form in recent years due to a number of headwinds and management missteps. But with a new leadership team and a refreshed strategy, Goldman Sachs thinks that the tide could now be turning. It said:
Our Buy thesis is premised on 1) 1H25 to be trough earnings; and 2) we take a positive view of management's strategic pivot to refocus on store economics as opposed to unsustainable store expansion. Whilst the company is announcing an additional 205 store closures, we believe that the focus on profitable growth with 1H25 being trough EBIT would be a sign of a disciplined approach under the new CEO and welcomed by investors.
Goldman Sachs has a buy rating and $37.30 price target on its shares. This implies potential upside of 55% for investors over the next 12 months.
Another ASX 200 share that has been tipped to deliver market-beating returns is logistics solutions company WiseTech Global.
Even after a strong recovery this month, the team at Morgans sees plenty of upside for investors. Particularly given its proposed acquisition of E2open (NYSE: ETWO). It said:
WTC is set to acquire E2open for an Enterprise Value of US$2.1bn, (~10.2x Adj FY26 EBITDA pre synergies) in a deal that will extend WTC's reach to become a solution for Beneficial Cargo Owners, stepping beyond the core Freight Forwarder & Logistics market serviced by CargoWise. The acquisition of ETWO sees our EPS forecasts increase by +1%/+11% in FY26F/FY27F. This drives an upgrade to our PT to $132.40/sh and sees our Add rating retained.
Morgans has an add rating and $132.40 price target on its shares. Based on the current WiseTech Global share price of $107.50, this suggests that upside of 23% is possible for investors between now and this time next year.
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