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Analyst ratings – buy

Amid these volatile times, some brokers have a bullish outlook on stocks with buy recommendations although views, as always, remain divided.

The three stocks below have been named by various brokers who are somewhat positive about their performance.

Baby Bunting Group (ASX:BBN)

Although Baby Bunting (ASX:BBN) is not the largest company in the market, many analysts are bullish on its outlook, particularly as some believe its price-to-earnings (PE) ratio is above its peer average.

Morgans analysts have upgraded the baby products retailer’s shares to an add rating with an improved price target of $6.39, following the release of its first-half results last week.

Analysts found the results positive, albeit acknowledging the company’s margin expansion, and therefore its profit growth, was a little less than Morgans initial forecast.

The company’s expansion into New Zealand also put it into positive territory.

Baby Bunting’s share price closed yesterday at $5.180.

Alliance Aviation Services (ASX:AQZ)

An analyst note from Ord Minnett retained its buy rating and lifted aviation services company Alliance Aviation Services’ (ASX:AQZ) price target to $5.15 on the back of its half-year results in which its profit came in higher than expected.

Coupled with impressive cash flows and Alliance well-placed to benefit from a shift to contract and charter based services domestically Ord Minnett analysts had a bullish outlook.

The Alliance Aviation share price yesterday closed up 0.5% to $3.80.

Mirvac Group (ASX:MGR)

Macquarie analysts have retained their outperform rating on Australian property group Mirvac Group (ASX:MGR), although the company’s price target was slightly cut to $2.84.

Mirvac delivered a stronger than expected first half result and analysts said the guidance for the full year was in line with estimatesMacquarie believes Mirvac can over the coming years grow its earnings should its new developments come to fruition.

The Mirvac share price yesterday closed trading at $2.520.

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