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Is the AstraZeneca share price undervalued?

Is the AstraZeneca share price undervalued? More on: The excitement of last summer when AstraZeneca (LSE: AZN) announced positive vaccine trial results seems a long time ago now. The market is less enthusiastic about the pharma giant now. The AstraZeneca share price has now fallen by 25% from the 10,120p high seen last July. I reckon Astra’s share price reflects wider concerns about the company. But I’m starting to think that the stock may have dropped far enough. For the first time in a while, I’m thinking about buying AstraZeneca shares for my portfolio. US$12.3 TRILLION out of thin air…

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