In a report released on July 24, Robert Kwan from RBC Capital maintained a Buy rating on Brookfield Infrastructure (BIP – Research Report), with a price target of $47.00. The company’s shares closed yesterday at $36.02.
According to TipRanks, Kwan is a 5-star analyst with an average return of 11.7% and a 67.21% success rate.
Brookfield Infrastructure has an analyst consensus of Strong Buy, with a price target consensus of $45.25.
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The company has a one-year high of $41.91 and a one-year low of $29.38. Currently, Brookfield Infrastructure has an average volume of 284.2K.
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Brookfield Infrastructure Partners LP is an infrastructure company, which owns and operates assets in the utilities, transport, energy and data infrastructure sectors across North and South America, Asia Pacific and Europe. It focuses on assets that generate stable cash flows and require minimal maintenance capital expenditures. The company was founded in July 1905 and is headquartered in Hamilton, Bermuda.
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