S&P/ASX 200 Index (ASX: XJO) shares appear to be having a better week this week.
The ASX 200 is currently 0.16% higher at 7,866.9 points on Tuesday.
Yesterday, the benchmark index closed up 1.02%.
Prior to this, four consecutive weeks of market falls left the ASX 200 teetering on the edge of an official market correction.
A market correction is defined as a 10% fall from the most recent peak.
The ASX 200 hit a seven-month low during the sell-off, and several ASX 200 blue-chip shares got swept up in the tailspin.
And therein lies a potential opportunity.
Image source: Getty Images
How can you take advantage of the market sell-off?
One potential option may be buying the dip on ASX 200 blue-chip shares for long-term investment.
But which ones?
In this article, we profile 5 ASX 200 blue-chip shares trading at multi-year lows and whether brokers recommend we buy them.
It's important to note that there are other contributing factors, besides the global sell-down over tariffs, that have led to these stocks trading at multi-year lows.
But it's fair to say the global market sell-off has added downward pressure to their share prices, as we document for each one below.
5 blue-chip ASX 200 shares trading around multi-year lows today
CSL Ltd (ASX: CSL)
The share market's largest ASX 200 healthcare share hit a 16-month low of $246.50 last week.
During the market sell-off, between 14 February and 13 March, the CSL share price fell 3.3%.
CSL shares are currently $249.87, up 0.8% for the day and down 10.5% over the past 12 months.
Bell Potter has a buy rating and a 12-month share price target of $335 on the ASX 200 biotech share.
The consensus rating among 18 analysts on CommSec is a strong buy.
Woodside Energy Group Ltd (ASX: WDS)
The largest ASX 200 energy share hit a three-year low of $22.20 last week.
During the market sell-off, the Woodside share price fell 7.5%.
Woodside shares are currently $22.89, up 0.35% for the day and down 22.5% over the past 12 months.
Goldman Sachs has a neutral rating on Woodside with a 12-month share price target of $24.50.
The consensus rating among 15 analysts on CommSec is a moderate buy.
BHP Group Ltd (ASX: BHP)
The largest ASX 200 mining share hit a two-year low of $38.24 last week.
During the market sell-off, the BHP share price fell 6.6%.
BHP shares are currently $39.53, down 0.13% for the day and down 6.8% over the past 12 months.
Goldman Sachs has a buy rating on BHP with a 12-month share price target of $47.40.
The consensus rating among 10 analysts on CommSec is a moderate buy.
Woolworths Group Ltd (ASX: WOW)
The largest ASX 200 consumer staples share hit a near six-year low of $27.60 last week.
During the market sell-off, the Woolworths share price fell 9.3%.
Woolworths shares are currently $28.06, up 1.1% for the day and down 13.7% over the past 12 months.
Ord Minnett has a buy rating on Woolworths with a 12-month share price target of $36.
The consensus rating among 18 analysts on CommSec is a hold.
Fortescue Ltd (ASX: FMG)
The second-largest ASX 200 mining share and iron ore pure-play hit a two-year low of $15.33 last week.
During the market sell-off, the Fortescue share price fell 18.8%.
Fortescue shares are currently $16.59, down 2.1% for the day and down 30% over the past 12 months.
Goldman Sachs has a sell rating on Fortescue with a 12-month share price target of $16.20.
The consensus rating among 18 analysts on CommSec is a hold.
