CSL to Benefit From Immunoglobin Sales Growth, Says Jefferies

MT Newswires Live
Oct 02

CSL (ASX:CSL) is expected to benefit from the anticipated rise in immunoglobulin sales globally, said Jefferies in a Thursday note.

Jefferies added that it believes that the plasma industry remains rational, with the number of US plasma collection centers rising by 7% year-on-year in 2024 and an estimated 7% 2025, and about 5% year-on-year increase in US dollar-denominated inventory in 2024.

The research firm has adjusted its price target for the company for an expected 1% reduction in earnings per share in fiscal 2026 and 7% in fiscal 2027 due to changes in healthcare policies.

Jefferies has a buy rating on CSL a price target of AU$275, down from AU$288.

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