Scotiabank Raises Brookfield Infrastructure Partners L.P. (TSE:BIP.UN) Price Target to C$60.00

Brookfield Infrastructure Partners L.P. (TSE:BIP.UN) (NYSE:BIP) had its price objective raised by Scotiabank to C$60.00 in a report published on Monday, November 6th, StockTargetPrices.com reports. They currently have an outperform rating on the stock.

Other research analysts have also issued reports about the company. National Bank Financial upped their price target on Brookfield Infrastructure Partners to C$61.00 and gave the stock an outperform rating in a report on Monday, November 6th. Barclays PLC upped their price target on Brookfield Infrastructure Partners from C$52.00 to C$55.00 in a report on Friday, September 29th. Royal Bank Of Canada boosted their price objective on Brookfield Infrastructure Partners to C$56.50 and gave the company an outperform rating in a research report on Friday, August 4th. Finally, BMO Capital Markets cut Brookfield Infrastructure Partners from an outperform rating to a neutral rating and set a C$55.00 price objective on the stock. in a research report on Tuesday, August 22nd. Two analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company has a consensus rating of Buy and a consensus target price of C$53.88.

Brookfield Infrastructure Partners (BIP.UN) traded up C$0.35 on Monday, reaching C$55.32. The company had a trading volume of 110,474 shares, compared to its average volume of 166. Brookfield Infrastructure Partners has a 12-month low of C$41.84 and a 12-month high of C$56.64.

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Brookfield Infrastructure Partners Company Profile

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).

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