Brookfield Infrastructure Partners L.P. (TSE:BIP.UN) (NYSE:BIP) had its price objective raised by National Bank Financial to C$61.00 in a research report sent to investors on Monday, November 6th, StockTargetPrices.com reports. They currently have an outperform rating on the stock.
A number of other analysts have also recently commented on BIP.UN. Barclays PLC upped their target price on shares of Brookfield Infrastructure Partners from C$52.00 to C$55.00 in a report on Friday, September 29th. Scotiabank upped their target price on shares of Brookfield Infrastructure Partners to C$55.00 and gave the company an outperform rating in a report on Friday, August 4th. Royal Bank Of Canada upped their target price on shares of Brookfield Infrastructure Partners to C$56.50 and gave the company an outperform rating in a report on Friday, August 4th. Finally, BMO Capital Markets cut shares of Brookfield Infrastructure Partners from an outperform rating to a neutral rating and set a C$55.00 target price for the company. in a report on Tuesday, August 22nd. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company currently has a consensus rating of Buy and a consensus price target of C$53.88.
Shares of Brookfield Infrastructure Partners (TSE:BIP.UN) traded up C$0.35 during trading on Monday, reaching C$55.32. 110,474 shares of the company’s stock traded hands, compared to its average volume of 166. Brookfield Infrastructure Partners has a twelve month low of C$41.84 and a twelve month high of C$56.64.
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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