CSL shares among most expensive on ASX. Is now a good time to buy?
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CSL Ltd (ASX: CSL) shares currently have the fourth-highest stock price in Australia at $244.65.
And analysts predict value growth will keep coming, with many maintaining a strong buy rating on the stock for another month.
It’s good news for investors given that the biotechnology giant has seen its share price tumble steadily over the past year.
CSL shares are down 13% year to date and around 5.5% over the past 3 months.
Which begs the question: What next?
What analysts are saying about CSL shares
According to TipRank data, 13 analysts have reiterated a strong buy position on the shares in May.
Morgan Stanley has put a price target of $313 on the stock and noted a potential upside of 28%.
Goldman Sachs…
