市场见解

Here’s how the CSL (ASX:CSL) share price performed in April

The CSL Limited (ASX:CSL) share price performed better in April. Could May be even better for the biotherapeutics giant?
The post Here’s how the CSL (ASX:CSL) share price performed in April appeared first on The Motley Fool Australia. –

The CSL Limited (ASX: CSL) share price had a better month during April.

Although it underperformed the S&P/ASX 200 Index (ASX: XJO), it recorded a 2.5% gain over the 30 days.

This means the CSL share price is now down just 5% year to date and up 12% from its March low.

Why did the CSL share price recover in April?

The CSL share price has come under significant pressure over the last 12 months due to concerns over plasma collections.

Plasma is a key ingredient in many of the biotherapeutics company’s therapies such as immunoglobulins and albumin.

It needs to be collected from willing donors on a regular basis via CSL’s widespread collection centres. However, the COVID-19 pandemic has made collections very difficult for a number of reasons.

Chief among them is people staying home during the pandemic to avoid catching and spreading the virus.

In addition to this, given that CSL pays for donating plasma, many donors are doing it for the extra funds. However, with government stimulus putting money into the pockets of these potential donors, there is reduced need to do so.

The problem with this is that lower supply means that the prices being offered to donors has had to increase, leading to potential pressures on margins.

What’s the latest?

The good news for shareholders and the CSL share price is that one leading broker believes this headwind could now be easing.

A note out of Citi last month reveals that it believes plasma collections will return to 2019 levels during the second half of the 2021 calendar year.

This is thanks to the progress of the US vaccine rollout, which has seen an estimated 40% of Americans now having at least one vaccination.

Can CSL’s shares climb higher?

Citi has a buy rating and $310.00 price target on the company’s shares.

Based on the current CSL share price, this implies potential upside of more than 14% over the next 12 months.

This could make it worth considering in May.

Where to invest $1,000 right now

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes are the five best ASX stocks for investors to buy right now. These stocks are trading at dirt-cheap prices and Scott thinks they are great buys right now.

See The 5 Stocks

*Returns as of February 15th 2021

More reading

James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of CSL Ltd. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

The post Here’s how the CSL (ASX:CSL) share price performed in April appeared first on The Motley Fool Australia.

随时随地,交易世界!

移动APP平台,拥有 12 个市场的 50,000 多种全球上市证券(全球市值超过 70%),直接在您的 Android 或 iOS 设备上即可操作。

与独有的交易理念和投资分析工具相结合,帮助您在我们 12 个全球市场中的几乎所有金融工具上找到可操作的见解,从而帮助您优化交易策略。

推荐给您的朋友

向您的朋友推荐Monex并赠予他们免费使用我们交易工具的机会

我们尊重您的隐私,只会向您的朋友发送一封邮件 

与您的朋友分享

Share on facebook
Share on twitter
Share on linkedin

Monex Trading Tools Access and Usage Terms

The Monex Trading Tools (referred to as ‘tools’ hereafter) are available to you inside your client portal;


To activate access to the tools, you must have a verified and approved trading account and have made a deposit of at least AUD $1000.


An active and funded account with a positive trading balance is required to continue to have access to the tools;


Although the tools are available to you indefinitely, Monex Securities may at it’s discretion disable access to the tools in the future;


Monex securities reserves the right to change these terms and conditions from time to time, as it sees fit, without notice.

Important Notice
iOS & Android App - 12 International Markets & Over 70% Global Market Cap. $0 Brokerage On US Trades. Click Here!