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It has been another busy week for many of Australia’s top brokers. This has led to the release of a number of broker notes.

Three broker buy ratings that you might want to know more about are summarised below. Here’s why brokers think these ASX shares are in the buy zone right now:

Dexus Industria REIT (ASX: DXI)

According to a note out of Bell Potter, its analysts have upgraded this industrial property company’s shares to a buy rating with a $3.10 price target. It notes that Dexus Industria’s FY 2025 result was slightly ahead of expectations. And while its dividend guidance for the year ahead was softer than expected, this has been driven by an asset sale. So, with its shares underperforming other REITs, the broker sees value on offer here for investors. Particularly given that there is strong sector tailwinds for industrial property evidenced in direct markets. The Dexus Industria share price is trading at $2.88 this afternoon.

Pro Medicus Ltd (ASX: PME)

A note out of Morgan Stanley reveals that its analysts have retained their overweight rating on this health imaging technology company’s shares with an improved price target of $350.00. This follows the release of an impressive FY 2025 result which was ahead of the broker’s expectations. It also notes that its sales pipeline and contract wins indicate that grow in FY 2026 is likely to be even better than forecast. As a result, it has boosted its earnings forecasts for the coming years and valuation accordingly. The Pro Medicus share price is fetching $311.84 at the time of writing.

Telstra Group Ltd (ASX: TLS)

Analysts at Macquarie have retained their outperform rating on this telco giant’s shares with a trimmed price target of $5.04. According to the note, Telstra delivered a softer than expected mobile result in a noisy year. However, looking through the one-off impacts in FY 2025, it remains positive. It highlights rational MNO pricing and strong cost-out tailwinds, plus ICF earnings as drivers of growth. In fact, it expects mid single-digit cash earnings per share growth over the coming years. Another positive is that strong demand has been flagged in InfraCo and Intercity Fibre has kicked off, with additional routes to open in FY 2026. It expects this to help it achieve its FY 2030 goals. The Telstra share price is trading at $4.84 on Friday afternoon.