5 ASX 200 stocks analysts have upgraded this week

S&P/ASX 200 Index (ASX: XJO) shares are down 0.2% to 8,714.8 points on Thursday.

Meanwhile, brokers have lifted their ratings on several ASX 200 shares this week. 

Let's review. 

PLS Group Ltd (ASX: PLS)

The PLS Group share price is $2.97, down 6.3% today.

Over the past month, this ASX 200 lithium share has tumbled 30%.

Bell Potter upgraded PLS Group shares to a buy rating on Wednesday.

The broker cut its 12-month price target from $5.20 to $4.40.

This still implies a potential 48% upside ahead.

Mineral Resources Ltd (ASX: MIN)

The Minerals Resources share price is $44.36, down 4.9% today.

Over the past month, this ASX 200 mining share has fallen 18%.

Morgans upgraded Mineral Resources shares to a buy rating on Wednesday.

The broker cut its 12-month price target from $71 to $65.

This suggests a potential 46% upside ahead.

Paladin Energy Ltd (ASX: PDN)

The Paladin Energy share price is $6.89, down 5% today.

Over the past month, this ASX 200 uranium share has descended 28%.

Morgans upgraded its rating from accumulate to buy this week.

The broker has a 12-month price target of $13.10.

This implies a potential 90% upside ahead.

Morgans said:

PDN's 1Q27 result reflected the anticipated slow start to FY27, with Langer Heinrich Mine (LHM) uranium production of 1.0Mlbs below consensus expectations of 1.16Mlbs.

Uranium sales of 1.16Mlbs were in line with consensus expectations of 1.13Mlbs.

The result was impacted by the flagged and planned July plant shutdown and weaker recovery rates due to ore characteristics.

Mining momentum and realised pricing – mining performance improved qoq following strong performance in 4Q26 and realised pricing increased 12% to US$79.4/lb, a record at LHM.

Following recent share price weakness, we upgrade our rating to BUY (previously ACCUMULATE) …

Lynas Rare Earths Ltd (ASX: LYC)

The Lynas Rare Earths share price is $10.88, down 6% today.

Over the past month, this ASX 200 rare earths share has lost one-fifth of its market capitalisation.

Morgan Stanley upgraded Lynas Rare Earths shares to a buy rating on Monday.

The broker lowered its price target from $15.45 to $14.65.

This indicates a potential gain of 34% over the next year. 

Ampol Ltd (ASX: ALD)

The Ampol share price is $43.24, down 0.6% today.

Over the past month, this ASX 200 energy share has risen 2%.

UBS upgraded Ampol shares to a buy rating on Tuesday.

The broker upped its 12-month price target from $41.50 to $47.75.

This suggests a potential 10% upside ahead.

The post 5 ASX 200 stocks analysts have upgraded this week appeared first on The Motley Fool Australia.

Motley Fool contributor Bronwyn Allen has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has recommended Lynas Rare Earths Ltd. 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.

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