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

BidaskClub has upgraded Brookfield Infrastructure Partners L.P. (NYSE:BIP) to Strong-Buy in a report released on Tuesday July 04, 2017.

Just yesterday Brookfield Infrastructure Partners L.P. (NYSE:BIP) traded 0.39% higher at $41.17. Brookfield Infrastructure Partners L.P.’s 50-day moving average is $41.25 and its 200-day moving average is $39.11. The last closing price is up 13.02% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.05% over the same time period. 190,456 shares of BIP traded hands, down from an average trading volume of 268,920

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 $44.74 with a PE ratio of 97.14 and has a market capitalization of $0.

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