15:49:41 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



Brookfield Infrastructure Partners LP
Symbol BIP
Shares Issued 461,343,972
Close 2024-01-11 C$ 40.47
Market Cap C$ 18,670,590,547
Recent Sedar Documents

Globe says Brookfield Infra maintained at "outperform"

2024-01-11 08:34 ET - In the News

The Globe and Mail reports in its Thursday, Jan. 11, edition that BMO Capital analyst Devin Dodge, seeing an "attractive setup for 2024," increased his unit target for Brookfield Infrastructure Partners to $40 from $38 (all figures U.S.). The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the units at $37.59. Mr. Dodge continues to Brookfield Infrastructure "outperform." Mr. Dodge says in a note: "In our view, Brookfield Infrastructure Partners offers a compelling risk/reward underpinned by double-digit FFO/unit growth, attractive yield, and a robust acquisition pipeline, as well as a potential rerating opportunity. Capital recycling is needed to fund new investment activity, but we believe Brookfield Infrastructure has several processes underway that could bring back substantial proceeds. Brookfield Infrastructure is one of our top thee ideas for 2024." The Globe reported on Nov. 3 that Raymond James analyst Frederic Bastien had reaffirmed his "strong buy" call for Brookfield Infrastructure. The units could then be had for $27.04.

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