Is there a Bearish outlook for Brookfield Infrastructure Partners L.P. (NYSE:BIP) this week?

Brookfield Infrastructure Partners L.P. (NYSE:BIP) Logo

Brookfield Infrastructure Partners L.P. (NYSE:BIP) Ratings Coverage

Among 4 analysts covering Brookfield Infrastructure Partners (NYSE:BIP), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Brookfield Infrastructure Partners has $5300 highest and $4600 lowest target. $50.63’s average target is 4.56% above currents $48.42 stock price. Brookfield Infrastructure Partners had 9 analyst reports since April 24, 2019 according to SRatingsIntel. The firm has “Buy” rating by Bank of America given on Tuesday, July 30. The firm has “Equal-Weight” rating given on Monday, September 30 by Barclays Capital. Credit Suisse maintained Brookfield Infrastructure Partners L.P. (NYSE:BIP) on Thursday, July 18 with “Neutral” rating. Bank of America maintained the stock with “Buy” rating in Monday, September 23 report. The company was maintained on Friday, September 27 by RBC Capital Markets. Below is a list of Brookfield Infrastructure Partners L.P. (NYSE:BIP) latest ratings and price target changes.

30/09/2019 Broker: Barclays Capital Rating: Equal-Weight Old Target: $46.0000 New Target: $51.0000 Maintain
27/09/2019 Broker: RBC Capital Markets Rating: Outperform Old Target: $50.0000 New Target: $53.0000 Maintain
23/09/2019 Broker: Bank of America Rating: Buy Old Target: $47.0000 New Target: $51.0000 Maintain
30/07/2019 Broker: Bank of America Rating: Buy Old Target: $43.0000 New Target: $47.0000 Maintain
18/07/2019 Broker: Credit Suisse Rating: Neutral New Target: $47.5000 Maintain
11/07/2019 Broker: Barclays Capital Rating: Equal-Weight New Target: $46.0000 Initiates Coverage On
10/05/2019 Broker: BidaskScore Rating: Buy Upgrade
25/04/2019 Broker: Credit Suisse Old Rating: Outperform New Rating: Neutral Downgrade
24/04/2019 Broker: BidaskScore Rating: Hold Downgrade

The stock decreased 0.78% or $0.38 during the last trading session, reaching $48.42. About 308,945 shares traded. Brookfield Infrastructure Partners L.P. (NYSE:BIP) has risen 8.18% since October 12, 2018 and is uptrending. It has outperformed by 8.18% the S&P500.

Brookfield Infrastructure Partners L.P. engages in utility, transport, energy, and communications infrastructure businesses. The company has market cap of $14.16 billion. The companyÂ’s Utilities segment operates a port facility that exports metallurgical and thermal coal mined in the central Bowen Basin region of Queensland, Australia; approximately 11,200 kilometers of transmission lines in North and South America; and approximately 2.8 million electricity and natural gas connections in the United Kingdom and Colombia. It has a 1513.12 P/E ratio. The Company’s Transport segment provides transportation, storage, and handling services for freight, bulk commodities, and passengers through a network of 5,500 kilometers of track network in south of Western Australia; approximately 4,800 kilometers of rail in South America; approximately 3,600 kilometers of motorways in Brazil, Chile, Peru, and India; and 36 port terminals in North America, the United Kingdom, Australia, and Europe.

More notable recent Brookfield Infrastructure Partners L.P. (NYSE:BIP) news were published by: Fool.com which released: “4 Reasons Brookfield Infrastructure Partners’ CEO Views 2018 as a Smashing Success – The Motley Fool” on February 09, 2019, also Seekingalpha.com with their article: “New Announcement Makes Brookfield Infrastructure Partners L.P. More Attractive – Seeking Alpha” published on February 17, 2019, Finance.Yahoo.com published: “Did Hedge Funds Drop The Ball On NVR, Inc. (NVR)? – Yahoo Finance” on October 12, 2019. More interesting news about Brookfield Infrastructure Partners L.P. (NYSE:BIP) were released by: Seekingalpha.com and their article: “Brookfield Infrastructure Remains One Of The Most Attractive Recession-Resistant Dividend Growth Stocks – Seeking Alpha” published on August 14, 2019 as well as Fool.com‘s news article titled: “3 Dividend Stocks That Are Perfect for Retirement – The Motley Fool” with publication date: August 03, 2019.

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