
Are you on the lookout for some new portfolio additions?
If you are, it could be worth seeing what analysts are saying about the three ASX shares in this article, courtesy of The Bull.
Are they bullish, bearish, or something in between? Let's find out:
Morgans has named this testing services company's shares as a buy this week.
The broker likes the ASX share due to its exposure to strong industry tailwinds and the prospect of a sizeable jump in earnings per share in FY 2027. It said:
ALS Limited provides laboratory testing services across key industrial and consumer facing industries, primarily in the commodities and life sciences segments. It operates across 50 countries and 300 locations. ALS is now the dominant global leader in geochemistry testing, which generates high levels of cash amid minimal competition.
Excess capital from commodities is used to drive earnings growth in life sciences. Strong industry tailwinds coupled with significant forecast earnings per share growth in full year 2027 suggests ALS is on a continuing growth trajectory.
The team at Dolphin Partners Financial Services has named this mining and mining services company's shares as a hold this week.
While the financial services firm was pleased with the achievement of Woodlawn steady state production, it doesn't appear to see enough value in Develop Global's shares at current levels for a more positive recommendation. It said:
This company explores and develops mineral resources in Australia, including the Woodlawn zinc-copper project in New South Wales. Other projects include the Sulphur Springs deposit and the Pioneer Dome lithium project in Western Australia. DVP recently announced its flagship Woodlawn zinc-copper project had achieved and exceeded nameplate processing capacity rates of 850,000 tonnes per annum.
The achievement of Woodlawn steady state production is a major operational milestone, de-risking the project's expected cash flows. Also, on May 13, DVP announced it had been awarded a $274 million contract with Core Lithium.
Dolphin Partners Financial Services has named this drinks giant's shares as a sell this week.
It believes the Dan Murphy's and BWS owner could struggle given fierce competition and a challenging economic environment. In addition, it suspects that costs could rise because of higher fuel prices. It commented:
Endeavour operates liquor outlets, hotels and gaming facilities. While Endeavour is a leader in the liquor retailing space, the business is operating in a challenging economic environment involving fierce competition, continuing margin pressure and macroeconomic shocks. Many analysts have cut forecasts to reflect softer trends.
Increasing fuel costs in response to the Middle East conflict is imposing pricing pressure throughout its supply chain. Increasing cost of living pressures is another challenge. The shares have fallen from $4.04 on March 2 to trade at $3.23 on May 13. Other stocks appeal more in this economic climate of higher interest rates and cash strapped consumers.
The post Buy, hold, sell: Endeavour and these popular ASX shares appeared first on The Motley Fool Australia.
Motley Fool contributor James Mickleboro has positions in Endeavour Group. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
The Motley Fool's purpose is to help the world invest, better. Click here now for your free subscription to Take Stock, The Motley Fool's free investing newsletter. Packed with stock ideas and investing advice, it is essential reading for anyone looking to build and grow their wealth in the years ahead. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson. 2026