Is the CSL share price a generational bargain at $180?
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The CSL Ltd (ASX: CSL) share price has been under pressure for most of the past two years, and investors are now asking a big question: Is this one of those rare moments when a top-tier blue chip becomes a genuine long-term bargain?
At yesterday’s market close, CSL shares finished the day trading near $180, a level not seen in almost 7 years. And if it’s any consolidation, this is far below where many analysts believe the company’s share price should be.
What pushed CSL shares this low?
CSL’s tough run began with softer profit guidance, rising operating costs and a slower-than-expected recovery in its plasma collections business. Combined with currency impacts and several earnings…
