2 highly rated blue chip ASX 200 shares brokers rate as buys

Here are a couple of blue chip shares that have been rated as buys…

| More on:
Three people in a corporate office pour over a tablet, ready to invest.

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Have you got room for a blue chip or two in your portfolio? If you have, then take a look at the blockbuster blue chip shares listed below.

Here’s why they are highly rated:

CSL Limited (ASX: CSL)

The first blue chip ASX 200 share for investors to look at is CSL. It is one of the world’s leading biotechnology companies, comprising the CSL Behring and Seqirus businesses. It is also looking to add to its portfolio with the acquisition of Vifor Pharma.

This will build on its leadership position in plasma therapies and vaccines by adding treatments for iron deficiency, dialysis, and nephrology.

CSL’s shares have been underperforming over the last couple of years. This has been driven by plasma collection headwinds. However, these headwinds are beginning to ease and collections are becoming easier again.

In light of this, the team at Citi believe now could be a good time to invest. It recently reaffirmed its buy rating and $335 price target. This compares favourably to the latest CSL share price of $273.30.

REA Group Limited (ASX: REA)

Another ASX 200 blue chip share for investors to look at is REA Group. It is the dominant player in real estate listings in the Australian market.

REA has been tipped to continue its growth in the coming years. This is due to the strength of the housing market, new revenue streams, cost cutting, price increases, its international operations, and acquisitions. The latter has seen REA grow its presence in mortgage broking through the acquisition of Mortgage Choice.

Goldman Sachs is very positive on the company and has a buy rating and $170.00 price target on its shares. This compares to the latest REA share price of $129.42.

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. has positions in 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 Scott Phillips.

More on Blue Chip Shares

A happy woman in an office puts her hands in the air as if to celebrate while looking at computer.
Blue Chip Shares

Here are 2 blue chip ASX shares analysts rate as buys

Here are two ASX blue chip shares to buy...

Read more »

Woman in mustard yellow blouse on laptop holds both hands out to either side with graphic illustration of question marks above them
Blue Chip Shares

Are these blue chip ASX 200 shares in the buy zone?

Are these blue chips in the buy zone?

Read more »

A female broker in a red jacket whispers in the ear of a man who has a surprised look on his face as she explains which two ASX 200 shares should do well in today's volatile climate
Broker Notes

Experts say investors should buy these top blue chip ASX shares

Analysts are saying that these blue chip shares are in the buy zone…

Read more »

shares record high
Blue Chip Shares

Broker names 2 of the best ASX 200 shares to buy now

Here are two high quality ASX 200 shares rated as buys...

Read more »

Three young people in business attire sit around a desk and discuss.
Blue Chip Shares

Why I would invest $10,000 in these 3 ASX shares

Here's why I think these could be some of the best shares to buy...

Read more »

Two businesspeople walk together in an office, smiling as they enjoy a good business relationship.
Blue Chip Shares

Experts rate these ASX 200 blue chip shares as buys

These blue chips have been named as buys...

Read more »

A female stockbroker reviews share price performance in her office with the city shown in the background through her windows
Blue Chip Shares

2 blue chip ASX 200 shares Morgans rates as buys

These two ASX 200 blue chip shares are highly rated...

Read more »

A group of stockbrokers sit in a room with several computer screens in front of them as they discuss the Zip share price and Zip's merger with Sezzle
Blue Chip Shares

2 blue chip ASX 200 shares that Goldman Sachs rates as buys

These ASX 200 shares could be buys according to Goldman Sachs...

Read more »