A very positive outcome from the CSL112 trial PLUS a reduction in interest rates late next year might get CSL to $400. To be safe I wouldn't bet on much more than earnings growth equivalent movement in the share price. So, from here maybe circa $300 to $350 late next year which is roughly 30 to 35 times FY24 consensus. $400 a share are we're back to PEs at 40 which seems a stretch with rates still possible 3%+ late next year, so obviously will need some blockbuster CSL112 projections built into the price to get there.
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- Ann: CSL Notice of Research & Development Investor Briefing
Ann: CSL Notice of Research & Development Investor Briefing, page-16
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Last
$311.70 |
Change
0.580(0.19%) |
Mkt cap ! $150.6B |
Open | High | Low | Value | Volume |
$308.37 | $311.70 | $307.33 | $411.6M | 1.374M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 55 | $310.93 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$311.74 | 904 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 45 | 310.630 |
1 | 1 | 307.960 |
1 | 2000 | 307.410 |
3 | 193 | 307.000 |
2 | 60 | 306.000 |
Price($) | Vol. | No. |
---|---|---|
311.750 | 100 | 1 |
311.800 | 100 | 2 |
311.860 | 240 | 1 |
311.900 | 220 | 2 |
311.950 | 215 | 2 |
Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
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