Brookfield Infrastructure Partners L.P. (TSE:BIP.UN) (NYSE:BIP) had its target price raised by Royal Bank Of Canada to C$56.50 in a report issued on Friday. The brokerage currently has an outperform rating on the stock.
Other equities analysts have also issued reports about the company. Scotiabank restated an outperform rating and set a C$54.75 price target on shares of Brookfield Infrastructure Partners L.P. in a research note on Monday, July 10th. CSFB upgraded Brookfield Infrastructure Partners L.P. from a neutral rating to an outperform rating and set a C$58.00 price target on the stock in a research note on Friday, June 16th. Finally, Barclays PLC restated an equal weight rating and set a C$57.00 price target on shares of Brookfield Infrastructure Partners L.P. in a research note on Friday, May 5th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. The company has a consensus rating of Buy and a consensus price target of C$51.42.
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About Brookfield Infrastructure Partners L.P.
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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