Do you have room in your portfolio for some new additions in June?
If you do, then it could be worth checking out the four top ASX shares listed below that analysts have put buy ratings on.
Here's why they are bullish on these names:
The team at Goldman Sachs thinks that this pizza chain operator could be an ASX share to buy.
This is because it believe that Domino's fortunes could be about to change thanks to its renewed focus on store unit economics. The broker highlights that it believes "DMP's renewed focus on store unit economics and re-investment to ignite topline growth is rightly placed. While there is still significant progress to be made, we believe that earnings has troughed in FY24 and see a path of improvement through FY25."
Goldman Sachs has a buy rating and $37.30 price target on its shares.
Another top ASX share that could be a buy this month is Flight Centre. It is the travel company behind the iconic Flight Centre brand, as well as a number of others.
The team at Macquarie is bullish on the company. It recently stated: "Looking through the volatility and near-term uncertainty, the medium-term growth outlook remains favourable; FLT continues to win market share in its FCM Corporate business, while the SME focused Corporate Traveller business is also tracking strongly."
Macquarie has an outperform rating and $22.34 price target on its shares.
Another ASX share that could be a top buy according to analysts is REA Group.
It is the clear market leader in online real estate listings in Australia, operating the dominant realestate.com.au website.
UBS is a fan of the company and believes its strong growth can continue for the foreseeable future. In light of this, it sees plenty of value on offer with its shares at current levels.
The broker has a buy rating on them with a price target of $290.00.
Goldman Sachs thinks that business to business travel company Web Travel could be an ASX share to buy now.
Earlier this week, the broker highlighted its attractive valuation relative to its strong growth outlook. It said: "WEB is trading on FY27e PE of 15x vs FY25-28e EPS CAGR of 25%, implying attractive 0.6x PEG."
In light of this, the broker has put a buy rating on its shares with an improved price target of $7.10.
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