CSL Ltd (ASX: CSL)
Bell Potter thinks that CSL could be one of the best Australian shares to buy.
It recently initiated coverage on the biotechnology giant and highlighted the positive outlook of the important CSL Behring division. The broker expects this business to support double digit earnings growth, which it feels makes the company's shares cheap at current levels. It said:
In our view the stock looks undervalued on a PE ratio 18%/8% below 5yr/10yr historical averages and is set for double-digit earnings growth driven by the core Behring division.
Bell Potter has a buy rating and $345.00 price target on its shares.
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Last
$271.11 |
Change
-0.890(0.33%) |
Mkt cap ! $131.2B | |||
| Open | High | Low | Value | Volume |
| $272.75 | $275.79 | $271.11 | $178.5M | 653.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 221 | $271.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $271.11 | 250 | 1 |
View Market Depth
| Last trade - 16.16pm 30/07/2025 (20 minute delay) ? |
| CSL (ASX) Chart |