Brookfield Infrastructure Partners (TSE:BIP.UN) Sets New 12-Month High at $56.27

Brookfield Infrastructure Partners L.P. (TSE:BIP.UN) (NYSE:BIP) shares hit a new 52-week high on Thursday . The stock traded as high as C$56.27 and last traded at C$44.25, with a volume of 101902 shares. The stock had previously closed at C$43.42.

Wall Street Analyst Weigh In

Separately, National Bankshares boosted their target price on Brookfield Infrastructure Partners from C$31.00 to C$34.00 and gave the stock a “sector perform” rating in a research report on Friday, August 23rd.

Brookfield Infrastructure Partners Price Performance

The firm has a market capitalization of C$20.84 billion, a PE ratio of -250.83, a P/E/G ratio of -2.12 and a beta of 1.05. The company has a 50-day moving average price of C$42.28 and a 200-day moving average price of C$40.36. The company has a debt-to-equity ratio of 180.01, a current ratio of 0.81 and a quick ratio of 0.45.

Brookfield Infrastructure Partners Company Profile

Brookfield Infrastructure Partners L.P. owns and operates utilities, transport, energy, and data infrastructure businesses. The Utilities segment operates approximately 2,000 kilometers (km) of natural gas transportation pipelines in the states of Rio de Janeiro, Sao Paulo, and Minas Gerais; approximately 2,200 km of electricity transmission lines in North and South America; and approximately 6.6 million electricity and natural gas connections and 1.1 million smart meters, as well as operates metallurgical coal export terminals.