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Brookfield Infrastructure Partners (NYSE:BIP) target price raised to $38.00, issued a report today by TD Securities

Brookfield Infrastructure Partners (NYSE:BIP) had its target price raised to $38.00 by TD Securities in an issued report announced 09/26/2016. The bumped up target suggests a potential upside of 0.11% from the company's most recent stock price close.

On 9/19/2016, Citigroup released a statement for Brookfield Infrastructure Partners (NYSE:BIP) bumped up the target price from $31.33 to $35.00 that suggested an upside of 0.05%.

Boasting a price of $34.29, Brookfield Infrastructure Partners (NYSE:BIP) traded 0.23% higher on the day. With the last stock price close up 12.42% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Brookfield Infrastructure Partners has recorded a 50-day average of $36.97 and a two hundred day average of $30.83. Volume of trade was down over the average, with 80,903 shares of BIP changing hands under the typical 215,639

Performance Chart

Brookfield Infrastructure Partners (NYSE:BIP)

With a total market value of $0, Brookfield Infrastructure Partners has price-earnings ratio of 38.73 with a one year low of $20.33 and a one year high of $49.89 .

A total of 7 equity analysts have released a ratings update on BIP. Two equity analysts rating the company a strong buy, five equity analysts rating the company a buy, one equity analyst rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $45.89.

Brief Synopsis About Brookfield Infrastructure Partners (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. Its utilities segment consists of regulated terminal, which is a coal export terminal; electricity transmission, which consists of approximately 11,100 kilometers of transmission lines in North and South America, and regulated distribution, which consists of approximately 2.6 million electricity and natural gas connections. Its transport segment consists of open access systems that provide transportation for freight, bulk commodities and passengers. Its energy segment consists of systems that provide energy transportation, distribution and storage services. Its communications infrastructure segment provides services and infrastructure to the media broadcasting and telecom sectors.

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