Buy these 3 high-quality ASX 200 blue chip shares in December

Analysts think these high-quality shares are buys right now. Let's see what they are saying.

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If you are busy building an investment portfolio, then having a few ASX 200 blue chip shares in there could be a good starting point.

But which blue chip shares could be buys in December? Let's take a look at three quality options that analysts rate highly. They are as follows:

CSL Limited (ASX: CSL)

The first ASX 200 blue chip share that could be a buy is CSL.

It is a leading biotechnology company and one of Australia's highest quality companies. It comprises the CSL Behring, CSL Vifor, and CSL Seqirus businesses. These are leaders in their respective fields of blood plasma products, kidney therapies, and vaccines.

Bell Potter is a big fan of the company and believes that recent weakness has created a buying opportunity for investors. Especially given that it believes the company's CSL Behring business will drive double-digit earnings growth over the coming years.

Bell Potter currently has a buy rating and $345.00 price target on the company's shares.

Goodman Group (ASX: GMG)

Another ASX 200 blue chip share that could be a buy is Goodman Group.

It is a specialist global industrial property and digital infrastructure group. The company notes that is owns, develops, and manages high-quality, sustainable properties that are close to consumers and provide essential infrastructure for the digital economy.

This focus has been very successful for Goodman (and its shareholders) over the past decade, with the company growing its earnings at a consistently strong rate over the period

Morgan Stanley believes this positive form can continue, especially given its exposure to artificial intelligence through its data centre pipeline.

It is for this reason that the broker currently has an overweight rating and $42.40 price target on its shares.

Woolworths Limited (ASX: WOW)

A third ASX 200 blue chip share that could be a buy according to analysts is Woolworths.

It is of course Australia's largest retailer through its eponymous supermarket chain, Big W, and a growing pet care business.

Although regulatory concerns and market share losses have weighed on sentiment recently, Goldman Sachs believes that the selling has been overdone and created a buying opportunity for patient investors.

Its analysts "believe that WOW's structural advantages of its store network, scaled online position and leading data/analytics capabilities will enable market share wins in the medium term. WOW is FY26 P/E of ~21x vs historical avg 26x."

The broker has a buy rating and $36.20 price target on its shares.

Motley Fool contributor James Mickleboro has positions in CSL. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended CSL, Goldman Sachs Group, and Goodman Group. The Motley Fool Australia has recommended CSL and Goodman Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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