Economy

Brokers Issue New Targets On Brookfield Infrastructure Partners LP (NYSE:BIP)

Brookfield Infrastructure Partners L.P. (NYSE:BIP) has risen 38.95% since September 12, 2016 and is uptrending.

Shares last traded at $41.97 marginally under the 50 day moving average which is $42.58 and marginally over the 200 day moving average of $39.96.

Brookfield Infrastructure Partn shares had a trading volume of 1,432K on Tuesday. Pacifica Capital Investments Llc owns 873,303 shares or 10.09% of their USA portfolio. Over the past month the firm's stock is 14.51%, 3.38% for the last quarter, 16.32% for the past six-months and 99.46% for the a year ago. Sheaff Brock Investment Advisors LLC purchased a new position in Brookfield Infrastructure Partners during the second quarter worth approximately $203,000. 1 analysts recommended Overweight these shares while 0 recommended Underweight, according to FactSet data. The company's institutional ownership is monitored at 46.7 percent. They now have a Dollars 48 price target on the stock. The company has market cap of $16.13 billion. Brookfield Infrastructure Partners LP has a 52-week low of $30.76 and a 52-week high of $44.91. Scotia Capital maintained the shares of BIP in report on Thursday, August 6 with "Sector Perform" rating. The business had revenue of $934 million for the quarter, compared to analyst estimates of $768 million.

05/01/2015 - Brookfield Infrastructure Partners LP was downgraded to "sell" by analysts at Zacks. As per Friday, June 16, the company rating was upgraded by Credit Suisse. This dividend amount will represent a yeild of $4.08. The stock realized a fall in short interest between July 31, 2017 and August 15, 2017 of -4.01%.

COPYRIGHT VIOLATION WARNING: This article was originally posted by TrueBlueTribune and is owned by of TrueBlueTribune.

Brookfield Infrastructure Partners L.P. (NYSE:BIP)'s earnings per share has been growing at a 26.5 percent rate over the past 5 year when average revenue increase was noted as 13.7 percent. RBC Capital's TP would suggest a possible upside of 7.24 % from the last close price of the company.

Recent session action on shares of Brookfield Infrastructure Partners L.P. (NYSE:BIP) puts the stock on today's active list. RBC Capital Markets maintained the shares of BIP in report on Thursday, February 4 with "Outperform" rating. Raymond James downgraded the shares of BIP in report on Monday, September 26 to "Outperform" rating. Brookfield Infrastructure Partners has a consensus rating of "Buy" and a consensus price target of $45.95.

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 divisions 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).

These funds have shifted positions in (BIP).



Like this

loading...
loading...

Latest


13 September 2017
Arsenal's forgotten man trains with Sanchez, Ozil at London Colney
Manchester City tabled a massive £60 million for the Chilean despite the attacker entering his final year of his contract. The bid was rejected with reports suggesting City will continue their pursuit in the January transfer window.

13 September 2017
Toronto extends winning streak to four games — Blue Jays notebook
Maile singled and scored on a two-out double by Smoak on a drive that eluded the leap at the wall by right fielder Joey Rickard. But the Baltimore right-hander struck out Jose Bautista and Kendrys Morales, then got a pop fly from Pillar to end the inning.

13 September 2017
Coutinho 'available' to face Sevilla - Klopp
He also insists the reasoning for going with Karius in Europe does not mean he has suddenly established a defined pecking order. Yes, we scored more often in some games. 'Could he prove something? "I think he is doing a good job".

13 September 2017
Stock is down at $115.62 (ZBH) Zimmer Biomet Announces Global Launch of…
The information was declared in a document with the Security and Exchange Commission, which is available at this hyperlink . The stock of Zimmer Biomet Holdings Inc (NYSE: ZBH ) has "Buy" rating given on Wednesday, July 12 by RBC Capital Markets.

13 September 2017
Cubs Game Notes For Wednesday vs. NY Mets
The first six games will be on the road before the team opens the home slate against Detroit on Thursday, April 5th. The last two seasons, the teams have met for one four-game series in July, with each team hosting a pair of games.

13 September 2017
Celtic vs PSG 12 September 2017: UCL Preview and Prediction
But we conceded the third goal and we understood that we had to play. "Preparation is very important and we are doing a good job". We will see how Chelsea can cope with retaining the league and Europe.

13 September 2017
Girl, 4, sexually assaulted in school
The incident came to light when the child returned home from school in the afternoon and complained of feeling sick. Meanwhile, the police are also obtaining CCTV footage from the cameras at the school to identify the culprit.

13 September 2017
Zions Bancorporation 6.95% Fixe (NYSE:ZBK) Trading Down - Shorts Up 27.00%
Following the purchase, the director now owns 42,001 shares of the company's stock, valued at approximately $1,847,623.99. The stock of Zions Bancorp (NASDAQ:ZION) has "Neutral" rating given on Tuesday, November 22 by Macquarie Research.

13 September 2017
Chris Christie Trashes Steve Bannon For Questioning His Loyalty To Trump
The tape featured Trump making sexually hostile comments toward women in a discussion with correspondent Billy Bush . But on Monday, Christie fired back, saying Bannon's interview was inaccurate.

13 September 2017
Britain unconditionally committed to maintaining European security - official document
The position paper - the twelfth to be released by the British government - does not mention cooperation on cross-border crime or whether it will remain a member of Europol.