The market may only be edging higher today but that hasnât stopped some ASX 200 shares from smashing new 52-week highs.
Here are six that have achieved this feat on Tuesday:
AGL Energy Limited (ASX: AGL)
The AGL share price has climbed to a 52-week high of $12.45 today. Investors appear confident that the energy giant will deliver a strong result later this month following a solid update from one of its rivals.
BlueScope Steel Limited (ASX: BSL)
The BlueScope share price hit a 52-week high of $22.08 this morning. However, the team at Macquarie thinks this is the top. Last week the broker put a neutral rating and $21.85 price target on the steel producer’s shares.
Carsales.Com Ltd (ASX: CAR)
The Carsales share price continued its solid run and reached a 52-week high of $25.29 today. This latest gain means the auto listings companyâs shares are up over 22% in 2023.
REA Group Ltd (ASX: REA)
The REA share price climbed to a 52-week high of $160.85 on Tuesday. This morning, Goldman Sachs reiterated its conviction buy rating on the property listings companyâs shares with an improved price target of $177.00. This suggests that todayâs 52-week high could soon be surpassed.
Seven Group Holdings Ltd (ASX: SVW)
The Seven share price reached a 52-week high of $26.54 this morning. Last week, UBS put a buy rating and $29.40 price target on this ASX 200 investment company’s shares.
Worley Ltd (ASX: WOR)
The Worley share price hit a 52-week high of $17.54 today. Investors have been buying this ASX 200 engineering companyâs shares this year thanks to its strong form in FY 2023. For example, during the first half, the company reported a 28% increase in underlying net profit to $150 million.
