Brookfield Infrastructure Partners L.P. (NYSE:BIP) gets downgraded to Neutral by Credit Suisse Group

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

Today, Brookfield Infrastructure Partners L.P. (NYSE:BIP) stock was downgraded by Credit Suisse Group from Outperform to Neutral.

There are 6 Buy Ratings, 2 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Brookfield Infrastructure Partners L.P. (NYSE:BIP) is Buy with a consensus target price of $45.6429 per share, a potential 9.61% upside.

Some recent analyst ratings include

  • 4/25/2019-Brookfield Infrastructure Partners L.P. (NYSE:BIP) gets downgraded to Neutral by Credit Suisse Group
  • 3/21/2019-Brookfield Infrastructure Partners L.P. (NYSE:BIP) had its Outperform rating reiterated by Raymond James with a $49.00 price target
  • 7/10/2018-Brookfield Infrastructure Partners L.P. (NYSE:BIP) has coverage initiated with a Buy rating

    About Brookfield Infrastructure Partners L.P. (NYSE:BIP)
    Brookfield Infrastructure Partners L.P. owns and operates utilities, transport, energy, and data infrastructure businesses. The Utilities segment operates approximately 2,000 kilometers (km) of natural gas transportation pipelines in the states of Rio de Janeiro, Sao Paulo, and Minas Gerais; approximately 2,200 km of electricity transmission lines in North and South America; and approximately 6.6 million electricity and natural gas connections and 1.1 million smart meters, as well as operates metallurgical coal export terminals. The Transport segment offers transportation, storage, and handling services for freight, bulk commodities, and passengers through a network of 5,500 km of track network in south of Western Australia; approximately 4,800 km of rail in South America; approximately 4,200 km of motorways in Brazil, Chile, Peru, and India; and 37 port terminals in North America, the United Kingdom, Australia, and Europe. The Energy segment offers natural gas midstream and storage services through approximately 15,000 km of natural gas transmission pipelines; and 600 billion cubic feet of natural gas storage in the United States and Canada. This segment also provides heating and cooling services to customers, and energy solutions, as well as serves approximately 24,900 natural gas, water, and wastewater connections. In addition, the Energy segment provides water heater rental; heating, ventilation, and air conditioner rental; and other home services in Canada and the United States, as well as 270,000 contracted sub-metering services with in Canada. The Data Infrastructure segment offers services and critical infrastructure to the media broadcasting and telecom sectors; and data storage services and infrastructure to enterprise customers. The company was founded in 2007 and is based in Hamilton, Bermuda. Brookfield Infrastructure Partners L.P. is a subsidiary of Brookfield Asset Management Inc.

    Recent Trading Activity for Brookfield Infrastructure Partners L.P. (NYSE:BIP)
    Shares of Brookfield Infrastructure Partners L.P. closed the previous trading session at 41.64 up +0.0100 0.024% with 41.32 shares trading hands.