If you are looking to bolster your portfolio with some ASX 200 shares, you may want to look at the two listed below.
Here’s why these ASX 200 shares are highly rated right now:
CSL Limited (ASX: CSL)
The first ASX 200 share to look at is CSL. It is one of the world’s leading biotherapeutics companies, comprising the CSL Behring and Seqirus businesses. CSL Behring is the global leader in plasma therapies and Seqirus is the second largest influenza vaccines business.
It recently released its full year results and revealed a 9.6% increase in constant currency revenue to US$10,026 million and a 10% lift in profit after tax to US$2,307 million. The latter was ahead of its guidance of 3% to 8% growth.
And while plasma collection headwinds are expected to weigh on its performance in FY 2022 and lead to a decline in profit, its long term prospects remain very positive. This is thanks to strong demand for its key therapies and its pipeline of potentially lucrative products under development.
Morgans is positive on the company. The broker currently has an add rating and $324.40 price target on its shares.
REA Group Limited (ASX: REA)
Another ASX 200 share for investors to look at is REA Group. It is the leading player in real estate listings in the Australian market with its realestate.com.au website.
In addition to this, the company has a number of complementary businesses both at home and internationally. It has also just strengthened its offering with the acquisition of Mortgage Choice and an interest in Simpology.
All in all, this appears to have left REA Group in a strong position to continue its solid growth over the next decade.
Goldman Sachs certainly expects this to be the case. It is very bullish on REA Group’s prospects and has a buy rating and $190.00 price target on its shares.
The post 2 ASX 200 shares that are rated as buys appeared first on The Motley Fool Australia.
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More reading
- August has been a great month so far for the CSL (ASX:CSL) share price
- 2 excellent blue chip ASX 200 shares named as buys
- What’s moving the ASX 200 Index (ASX:XJO) on Monday?
- The CSL (ASX:CSL) share price has gained 14% in the last 6 months
- ASX 200 Weekly Wrap: Miners drag ASX back to earth
Motley Fool contributor 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 and has recommended CSL Ltd. The Motley Fool Australia has recommended REA Group Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.
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