8 ASX 200 stocks striking multi-year highs today

These shares hit new price milestones amid a day in the green for the ASX 200.

A beautiful ocean vista is shown with a woman whose back is to the camera holding her arms up in triumph as she stands at the top of a rock feeling thrilled that ASX 200 shares are reaching multi-year high prices today

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

S&P/ASX 200 Index (ASX: XJO) stocks are up by 0.35% to 8,390.6 points in late afternoon trading on Tuesday.

The ASX 200 technology sector is leading the market today, up 0.94% at the time of writing.

The weakest sector is ASX 200 materials, which incorporates mining shares, down 0.48%.

Meanwhile, eight ASX 200 stocks have hit new price milestones.

Which ASX 200 stocks just hit a high?

Technology One Ltd (ASX: TNE)

The Technology One share price lifted to a new all-time high of $39.62 today.

This ASX 200 technology stock has been on an upward trajectory since the company dropped its 1H FY25 report last week.

The company announced a 31% lift in net profit after tax (NPAT) to $63 million.

It also reported annual recurring revenue (ARR) of $511.1 million, up 21% and meeting its $500 million target 18 months early.

Technology One also revised its full-year guidance range for profit growth to 13% to 17%.

After the half-year report, Morgans maintained its hold rating on Technology One shares with a 12-month price target of $36.85.

Lottery Corporation Ltd (ASX: TLC)

The Lottery Corporation share price rose to a record high of $5.42 today.

Blackwattle Investment Partners has labelled Lottery Corporation an 'enduring high-quality business' but a 'somewhat forgotten' share.

Find out why.

QBE Insurance Group Ltd (ASX: QBE)

This ASX 200 financial stock hit a 15-year high of $23.66 per share today.

The insurance giant has no news for the market today.

Macquarie has an outperform rating on QBE shares but thinks the price is too high at the moment.

The broker's 12-month share price target is $23, implying some potential downside from here.

Brambles Ltd (ASX: BXB)

This ASX 200 industrial stock rose 3.25% to a new record price of $22.87 per share on Tuesday.

There is no news from Brambles except for its daily statement about its ongoing share buyback program.

Goldman Sachs thinks stock in the CHEP pallets distributor is now overvalued.

The broker has a sell rating and a 12-month price target of $18.70 on Brambles shares.

Qantas Airways Ltd (ASX: QAN)

Qantas shares peaked at $10.43 per share in earlier trading.

This is a new all-time high for the ASX 200 airline stock amid no company news today.

Goldman Sachs has a buy rating and a 12-month price target of $11.80 on Qantas shares.

West African Resources Ltd (ASX: WAF)

This ASX 200 gold stock rose to a record high of $2.71 today.

Gold stocks are broadly lower on Tuesday, with the S&P/ASX All Ordinaries Gold Index (ASX: XGD) down 1.02%.

West African Resources has been trending higher following a gold exploration update last week.

The consensus rating on this ASX 200 gold stock among analysts on CommSec is a strong buy.

Codan Ltd (ASX: CDA)

The Codan share price ascended 3.48% to reach a 4-year high of $17.85 today.

There is no news from the electronics solutions provider today.

Goldman Sachs has a buy rating and a 12-month price target of $18.50 on Codan shares.

Temple & Webster Group Ltd (ASX: TPW)

The ASX 200 consumer discretionary stock lifted 3.03% to a new all-time peak of $20.17 today.

The online furniture retailer has no news for the market on Tuesday.

Citi has a buy rating and a price target of $21.10 on Temple & Webster shares.

Citigroup is an advertising partner of Motley Fool Money. 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 positions in and has recommended Goldman Sachs Group, Lottery, Macquarie Group, Technology One, and Temple & Webster Group. The Motley Fool Australia has positions in and has recommended Macquarie Group. The Motley Fool Australia has recommended Lottery, Technology One, and Temple & Webster Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on 52-Week Highs

Five businessmen in suits walking up stairs in neat succession.
52-Week Highs

5 ASX 200 shares smashing new 52-week highs today

These five ASX 200 shares just broke into new multi-year and all-time highs. Here’s why.

Read more »

A mother and her young son are lying on the floor of their lounge sharing a tech device.
Technology Shares

Life360 shares are up more than 1,300% in 5 years. How does it compare to other apps?

Can Life360 compete with the likes of Facebook and Instagram?

Read more »

Emotional euphoric young woman giving high five to male partner, celebrating family achievement, getting bank loan approval, or financial or investing success.
52-Week Highs

5 ASX 200 shares hitting multi-year highs after strongly rebounding from tariff turmoil

These stocks have hit new price milestones amid a day in the green for the ASX 200.

Read more »

Woman laying with $100 notes around her, symbolising dividends.
52-Week Highs

Which ASX All Ords stock recently became a 10-bagger in 5 years?

Landing a 10-bagger is every investor's dream.

Read more »

Five happy friends enjoying a party.
52-Week Highs

5 ASX 200 shares smashing new 52-week highs today

The Trump tariff relief rally has helped send these five ASX 200 shares to new 52-week highs.

Read more »

Arrows pointing upwards with a man pointing his finger at one.
52-Week Highs

3 ASX All Ords shares at new 52-week highs this Friday

These shares are proving to be a safe harbour this Friday.

Read more »

An excited man stretches his arms out above his head as he reaches a mountain peak representing two ASX 200 shares reaching multi-year high prices today
52-Week Highs

These 4 ASX 200 shares just clocked new 52-week highs today

These shares are standing out from the crowd today.

Read more »

Ecstatic woman looking at her phone outside with her fist pumped.
52-Week Highs

8 ASX 300 shares hitting new price highs today

New share price records were set despite the broader market trading in the red.

Read more »

OSZAR »