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A report released today by Zacks Investment Research about Brookfield Infrastructure Partners L.P. (NYSE:BIP) ups the target price to $46.00

In a report released on 06/20/2017 Zacks Investment Research increased the stock price target of Brookfield Infrastructure Partners L.P. (NYSE:BIP) to $46.00 reporting a possible upside of 0.13%.

Just yesterday Brookfield Infrastructure Partners L.P. (NYSE:BIP) traded 0.07% higher at $40.85. Brookfield Infrastructure Partners L.P.’s 50-day moving average is $42.77 and its 200-day moving average is $40.09. The last stock price is up 5.09% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. 2,606,254 shares of BIP traded hands, up from an average trading volume of 481,353

Recent Performance Chart

Brookfield Infrastructure Partners L.P. (NYSE:BIP)

Brookfield Infrastructure Partners L.P. has 52 week low of $30.76 and a 52 week high of $44.91 with a PE ratio of 92.59 and has a market capitalization of $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 7 brokerages have issued a research note on the company. The average stock price target is $45.89 with 2 brokerages rating the stock a strong buy, 5 brokerages rating the stock a buy, 1 brokerage rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Brookfield Infrastructure Partners L.P. (NYSE:BIP)

Brookfield Infrastructure Partners L.P. owns and operates utilities, transport, energy and communications infrastructure businesses in North and South America, Europe and Asia Pacific. The Company's segments include utilities, transport, energy, communications infrastructure and other. The utilities segment consists of regulated businesses, including regulated distribution (electricity and natural gas connections), electricity transmission and a regulated terminal (coal export terminal). The transport segment consists of open access systems that provide transportation, storage and handling services for freight, bulk commodities and passengers. The Company's energy segment consists of systems that provide transportation, storage and distribution services. The Company's communications infrastructure segment provides services and infrastructure to the media broadcasting and telecommunication sectors.

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