CSL 0.55% $287.92 csl limited

Could it be time to consider buying CSL shares ?

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    Could it be time to consider buying CSL shares?

    A number of Australia’s leading brokers have given their verdict on the CSL share price in recent months. And as you might expect due to COVID-19 uncertainties, opinion is largely divided on whether now is a good time to consider buying CSL shares.

    Below is a summary of what brokers are saying about CSL shares in July 2021.

    Citi

    Citi currently has a neutral rating and $310.00 CSL share price target. This implies potential upside of 11% over the next 12 months. Citi is also forecasting a CSL dividend of $3.14 per share in FY 2021.

    Goldman Sachs

    Goldman Sachs has a neutral rating and CSL share price target of $305.00. If CSL shares hit this level, it will mean a gain of 9.2%. In addition, Goldman has pencilled in a CSL dividend of $2.81 this year.

    Morgans

    Morgans currently has an add rating and CSL share price target of $301.10. This represents a potential return of 7.9%. The broker is also forecasting a CSL dividend of $2.86 per share in FY 2021.

    UBS

    UBS is the most bullish broker with a buy rating and CSL share price target of $330.00. This implies potential upside of 18.2% over the next 12 months. UBS’ analysts are forecasting a CSL dividend of ~$2.33 per share in 2021.

    Broker comments

    The team at Goldman Sachs explained why they are neutral on the CSL share price.

    Goldman said: “We are Neutral rated on CSL. Our 12-month TP of A$305 is based on our target NTM EV/EBITDA multiple of 28.9x. Key upside risks include: (1) Faster-than-expected recovery in plasma collections; (2) More supportive pricing dynamic than we already expect; (3) Positive results from the pipeline. Key downside risks include: (1) Extent of disruption to plasma collections; (2) Threat of mRNA/competitive approaches to Seqirus vaccine business; (3) Competitive product launches; (4) Plasma donor fee inflation.”


 
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Last
$287.92
Change
1.570(0.55%)
Mkt cap ! $139.1B
Open High Low Value Volume
$287.99 $289.76 $286.98 $184.0M 638.6K

Buyers (Bids)

No. Vol. Price($)
1 5 $286.40
 

Sellers (Offers)

Price($) Vol. No.
$288.00 260 2
View Market Depth
Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
Last
$288.43
  Change
1.570 ( 0.76 %)
Open High Low Volume
$287.84 $289.73 $286.99 117701
Last updated 15.59pm 29/03/2024 ?
CSL (ASX) Chart
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