Breaking Finance News

BidaskClub upgraded Brookfield Infrastructure Partners L.P. (NYSE:BIP) to Buy in a report released today.

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

BidaskClub has upgraded Brookfield Infrastructure Partners L.P. (NYSE:BIP) to Buy in a report released on 6/20/2017.

See Chart Below

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

Brookfield Infrastructure Partners L.P. has a 52 week low of $30.76 and a 52 week high of $44.91 with a P/E ratio of 92.59 The company’s market cap is currently $0.

In addition to BidaskClub reporting its target price, a total of 7 firms have issued a report on the stock. The consensus target price is $45.89 with 2 firms rating the stock a strong buy, 5 firms rating the stock a buy, 1 firm rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About 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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.