Wanting to bolster your portfolio with some ASX 200 blue chip shares?

If you answered yes to that question, then check out the two listed below that Morgans has put buy ratings on this week. Let's see why the broker is bullish on these shares:

Goodman Group (ASX: GMG)

The first ASX 200 blue chip share that Morgans is tipping as a buy this week is Goodman Group. It is an industrial property juggernaut with a world class portfolio.

While Morgans was surprised that Goodman didn't upgrade its earnings guidance this week, it doesn't make it any less bullish. Particularly given how data centre demand remains robust and development yields are strong. It said:

GMG has reaffirmed FY25 guidance for EPSg of +9%, being the first quarter since at least FY18 when the business hasn't upgraded guidance in Q3. Management note that while long-term demand remains intact, economic uncertainty is delaying customer decisions across the logistics market. Data centre demand however remains robust across GMG's portfolio of metro and low latency assets, which has seen development yields persist at c.9-10% (yield on cost), with mid-teen IRRs.

Outside this, it likes the company due to its quality and attractive valuation. It said:

We continue to see the opportunity in GMG, which offers one of the highest quality exposures amongst our REIT coverage. In our opinion, the current share price implies a more conservative mix of data centre vs logistics production (A$bn pa) and margin (%), whilst retaining the upside should data centre demand prove as resilient as anecdotal reports suggest and GMG capable of extracting value from its access to power across power constrained infill markets.

Morgans has an add rating and $36.65 price target on its shares. Based on its current share price of $32.51, this implies potential upside of 13% for investors over the next 12 months.

Mineral Resources Ltd (ASX: MIN)

Morgans thinks that investors should be buying this mining and mining services company's shares while they are down in the dumps.

And while it acknowledges that Onslow Iron Ore shipments have been downgraded this week, it remains positive. Particularly given that there is a pathway to significant capacity in the future. It said:

FY25 Onslow shipments guidance downgraded by ~8%. Onslow targeted unit FOB costs increased to A$/wmt (previously A$45/wmt) and MIN has outlined the potential pathway to a ~38Mtpa capacity in the near future. We rate MIN an ADD with a A$26ps TP (previously A$23ps).

Morgans has an add rating and $26.00 price target on the ASX 200 blue chip share. This suggests that upside of 14% is possible from current levels.