Top Brokers Recommend 3 ASX Shares to Buy for January 25, 2026
Australia’s top brokers have urged investors to consider three ASX stocks for potential buying opportunities as of January 25, 2026. Following recent analyses, these brokers provided valuable insights into the performance and prospects of each company.
Recommended ASX Shares
BHP Group Ltd (ASX: BHP)
Morgan Stanley has reaffirmed its overweight rating on BHP Group Ltd, setting a price target of $56.50. The brokerage noted the company’s strong performance in the second quarter, especially its iron ore operations, which surpassed expectations. Additionally, BHP’s copper production has been promising, primarily due to the Escondida mine in Chile.
As of the last trading session, BHP shares closed at $48.43, reflecting a solid foundation for growth.
National Australia Bank Ltd (ASX: NAB)
According to UBS, National Australia Bank has received an upgrade to a buy rating, with a revised price target of $47.00. Analysts highlighted NAB’s resilience in the business banking sector, positioning it well for future business lending growth. They noted that NAB shares have lagged behind its competitors in the big four and see this as a unique opportunity for a potential re-rating in 2026.
The bank’s shares were valued at $42.35 at Friday’s market close.
Zip Co Ltd (ASX: Z1P)
UBS has maintained a buy rating for Zip Co Ltd but adjusted its price target to $5.20. The brokerage believes that recent declines in share prices present a buying opportunity. While concerns persist due to an inquiry affecting the buy now, pay later sector in the U.S., positive developments such as calls for a 10% cap on credit card interest rates could shift consumer behavior towards buy now, pay later services.
Zip’s shares closed at $3.04, indicating potential for recovery amidst the ongoing competition with credit service providers.
Conclusion
As highlighted by top brokers, BHP, NAB, and Zip Co present promising opportunities in the current market. Investors may find value in these recommendations as they navigate the fluctuating landscape of the ASX.
