Brookfield Infrastructure Partners L.P. (TSE:BIP.UN) (NYSE:BIP) has been given a consensus recommendation of “Buy” by the eight brokerages that are presently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is C$53.88.

BIP.UN has been the topic of a number of recent research reports. National Bank Financial lifted their price objective on Brookfield Infrastructure Partners to C$61.00 and gave the company an “outperform” rating in a report on Monday, November 6th. Scotiabank lifted their target price on shares of Brookfield Infrastructure Partners to C$60.00 and gave the company an “outperform” rating in a research note on Monday, November 6th. Royal Bank of Canada lifted their target price on shares of Brookfield Infrastructure Partners to C$60.00 and gave the company an “outperform” rating in a research note on Monday, November 6th. 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 research note on Tuesday, August 22nd. Finally, Barclays boosted their price objective on shares of Brookfield Infrastructure Partners from C$52.00 to C$55.00 in a research report on Friday, September 29th.

Brookfield Infrastructure Partners (BIP.UN) traded down C$0.11 during midday trading on Friday, reaching C$56.40. The company’s stock had a trading volume of 459,075 shares, compared to its average volume of 177,090. Brookfield Infrastructure Partners has a one year low of C$42.40 and a one year high of C$57.03.

TRADEMARK VIOLATION WARNING: This piece of content was reported by Watch List News and is the property of of Watch List News. If you are accessing this piece of content on another domain, it was illegally stolen and republished in violation of U.S. & international copyright and trademark laws. The legal version of this piece of content can be accessed at https://www.watchlistnews.com/analysts-set-brookfield-infrastructure-partners-l-p-bip-un-pt-at-53-88/1758301.html.

About Brookfield Infrastructure Partners

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).

Analyst Recommendations for Brookfield Infrastructure Partners (TSE:BIP.UN)

Receive News & Ratings for Brookfield Infrastructure Partners L.P. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brookfield Infrastructure Partners L.P. and related companies with Analyst Ratings Network's FREE daily email newsletter.