The best brokers appoint 3 ASX shares to buy today

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Many of Australia's top brokers have been busy adjusting their financial models again, leading to the publication of a large number of broker notes this week.

Below are summarized three purchase scores that caught my attention. That's why brokers think these ASX shares are in the buying area:

Bapcor Ltd (ASX: BAP)

According to a note from Morgan Stanley, his analysts kept theirs overweight rating and $ 7.60 price target on parts of this automotive aftermarket replacement parts company. The broker remained firm on the rating after Bapcor reiterated its earnings guidance for the 2019 fiscal year at yesterday's investor conference. In addition, Morgan Stanley was satisfied with the update that the company has provided in the truck spare parts sector. I think Morgan Stanley is in agreement with Bapcor and that his shares are interesting at the current level.

Nearmap Ltd (ASX: NEA)

Another note out Morgan Stanley reveals that his analysts have maintained theirs overweight pricing and price target of $ 4.20 on this aerial imaging technology and position data quotas after the launch of its new artificial intelligence and 3D products. Although the broker recognizes that it is too early to judge how the products will be received, the feedback they received from customers was positive. Its analysts have previously noticed that other product launches have driven strong growth in the past. I am also in agreement with Morgan Stanley on Nearmap and I think it is worth considering it as a long-term investment.

Star Entertainment Group Ltd (ASX: SGR)

Analysts a German bank they kept theirs buy rating and $ 5.05 target price on this casino and the resort operator's odds despite its downgrade at the beginning of this week. According to the note, while the broker believes that this downgrade and the worries about the second Gold Coast casino license may lead to Star Entertainment prices at a discount for a while, it still sees a lot of value at the current level. While I agree that the company's shares seem cheap, I think there are better investment options elsewhere on the market.

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James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australian mother company Motley Fool Holdings Inc. owns shares in Nearmap Ltd. Motley Fool Australia owns shares and recommended Bapcor. Motley Fool Australia has recommended Nearmap Ltd. We goblins cannot all have the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains only general investment recommendations (with AFSL 400691). Authorized by Scott Phillips.

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