Recent Analysts’ Ratings Updates for Brookfield Infrastructure Partners (BIP)

Brookfield Infrastructure Partners (NYSE: BIP) recently received a number of ratings updates from brokerages and research firms:

• 7/11/2017 – Brookfield Infrastructure Partners was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.
• 7/10/2017 – Brookfield Infrastructure Partners was given a new $42.50 price target on by analysts at Scotiabank. They now have an “outperform” rating on the stock.
• 7/5/2017 – Brookfield Infrastructure Partners was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “BROOKFIELD INFRASTRUCTURE PARTNERS L.P. was established by Brookfield Asset Management as its primary vehicle to own and operate certain infrastructure assets on a global basis. Brookfield Infrastructure operates high quality, long-life assets that generate stable cash flows, require relatively minimal maintenance capital expenditures and, by virtue of barriers to entry and other characteristics, tend to appreciate in value over time. Its current business consists of the ownership and operation of premier electricity transmission systems and timberlands in North and South America, and it seeks acquisition opportunities in other infrastructure sectors with similar attributes. “
• 7/4/2017 – Brookfield Infrastructure Partners was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
• 6/27/2017 – Brookfield Infrastructure Partners was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “BROOKFIELD INFRASTRUCTURE PARTNERS L.P. was established by Brookfield Asset Management as its primary vehicle to own and operate certain infrastructure assets on a global basis. Brookfield Infrastructure operates high quality, long-life assets that generate stable cash flows, require relatively minimal maintenance capital expenditures and, by virtue of barriers to entry and other characteristics, tend to appreciate in value over time. Its current business consists of the ownership and operation of premier electricity transmission systems and timberlands in North and South America, and it seeks acquisition opportunities in other infrastructure sectors with similar attributes. “
• 6/26/2017 – Brookfield Infrastructure Partners was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $46.00 price target on the stock. According to Zacks, “BROOKFIELD INFRASTRUCTURE PARTNERS L.P. was established by Brookfield Asset Management as its primary vehicle to own and operate certain infrastructure assets on a global basis. Brookfield Infrastructure operates high quality, long-life assets that generate stable cash flows, require relatively minimal maintenance capital expenditures and, by virtue of barriers to entry and other characteristics, tend to appreciate in value over time. Its current business consists of the ownership and operation of premier electricity transmission systems and timberlands in North and South America, and it seeks acquisition opportunities in other infrastructure sectors with similar attributes. “
• 6/20/2017 – Brookfield Infrastructure Partners was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
• 6/20/2017 – Brookfield Infrastructure Partners was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $46.00 price target on the stock. According to Zacks, “BROOKFIELD INFRASTRUCTURE PARTNERS L.P. was established by Brookfield Asset Management as its primary vehicle to own and operate certain infrastructure assets on a global basis. Brookfield Infrastructure operates high quality, long-life assets that generate stable cash flows, require relatively minimal maintenance capital expenditures and, by virtue of barriers to entry and other characteristics, tend to appreciate in value over time. Its current business consists of the ownership and operation of premier electricity transmission systems and timberlands in North and South America, and it seeks acquisition opportunities in other infrastructure sectors with similar attributes. “
• 6/19/2017 – Brookfield Infrastructure Partners was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “BROOKFIELD INFRASTRUCTURE PARTNERS L.P. was established by Brookfield Asset Management as its primary vehicle to own and operate certain infrastructure assets on a global basis. Brookfield Infrastructure operates high quality, long-life assets that generate stable cash flows, require relatively minimal maintenance capital expenditures and, by virtue of barriers to entry and other characteristics, tend to appreciate in value over time. Its current business consists of the ownership and operation of premier electricity transmission systems and timberlands in North and South America, and it seeks acquisition opportunities in other infrastructure sectors with similar attributes. “
• 6/16/2017 – Brookfield Infrastructure Partners was upgraded by analysts at Credit Suisse Group from a “neutral” rating to an “outperform” rating. They now have a $44.00 price target on the stock, up previously from $40.00.
• 6/16/2017 – Brookfield Infrastructure Partners was upgraded by analysts at CSFB from a “neutral” rating to an “outperform” rating. They now have a $44.00 price target on the stock, up previously from $40.00.
• 6/13/2017 – Brookfield Infrastructure Partners was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.
• 6/9/2017 – Brookfield Infrastructure Partners had its “buy” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $44.00 price target on the stock.
• 6/6/2017 – Brookfield Infrastructure Partners had its price target raised by analysts at Scotiabank from $40.00 to $57.00. They now have an “outperform” rating on the stock.
• 6/5/2017 – Brookfield Infrastructure Partners had its price target raised by analysts at Raymond James Financial, Inc. from $43.00 to $65.00. They now have an “outperform” rating on the stock.
• 6/2/2017 – Brookfield Infrastructure Partners was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $46.00 price target on the stock. According to Zacks, “BROOKFIELD INFRASTRUCTURE PARTNERS L.P. was established by Brookfield Asset Management as its primary vehicle to own and operate certain infrastructure assets on a global basis. Brookfield Infrastructure operates high quality, long-life assets that generate stable cash flows, require relatively minimal maintenance capital expenditures and, by virtue of barriers to entry and other characteristics, tend to appreciate in value over time. Its current business consists of the ownership and operation of premier electricity transmission systems and timberlands in North and South America, and it seeks acquisition opportunities in other infrastructure sectors with similar attributes. “
• 6/1/2017 – Brookfield Infrastructure Partners was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “BROOKFIELD INFRASTRUCTURE PARTNERS L.P. was established by Brookfield Asset Management as its primary vehicle to own and operate certain infrastructure assets on a global basis. Brookfield Infrastructure operates high quality, long-life assets that generate stable cash flows, require relatively minimal maintenance capital expenditures and, by virtue of barriers to entry and other characteristics, tend to appreciate in value over time. Its current business consists of the ownership and operation of premier electricity transmission systems and timberlands in North and South America, and it seeks acquisition opportunities in other infrastructure sectors with similar attributes. “

Brookfield Infrastructure Partners LP (BIP) traded down 0.48% during trading on Tuesday, hitting $39.78. 145,027 shares of the stock traded hands. The firm’s 50-day moving average is $40.28 and its 200 day moving average is $37.37. Brookfield Infrastructure Partners LP has a 52 week low of $30.12 and a 52 week high of $41.55. The stock has a market cap of $10.33 billion, a P/E ratio of 43.62 and a beta of 1.12.

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 30th. Shareholders of record on Wednesday, May 31st were issued a dividend of $0.435 per share. The ex-dividend date was Friday, May 26th. This represents a $1.74 annualized dividend and a yield of 4.35%. Brookfield Infrastructure Partners’s dividend payout ratio is currently 188.45%.

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).