Brookfield Infrastructure Partners L.P. (BIP) was Resumed by Credit Suisse to “Outperform”. Credit Suisse advised their investors in a research report released on Aug 23, 2016.
Many Wall Street Analysts have commented on Brookfield Infrastructure Partners L.P.. Company shares were Reiterated by RBC Capital Mkts on Aug 4, 2016 to “Outperform”, Firm has raised the Price Target to $ 53 from a previous price target of $49 .
Brookfield Infrastructure Partners L.P. closed down -0.96 points or -1.92% at $49.1 with 1,50,564 shares getting traded on Friday. Post opening the session at $49.87, the shares hit an intraday low of $48.8 and an intraday high of $50.0262 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
Brookfield Infrastructure Partners L.P. (Brookfield Infrastructure) owns and operates utilities transport and energy businesses in North and South America Australasia and Europe. Brookfield Infrastructure has appointed Brookfield as its Service Provider to provide certain management administrative and advisory services for a fee under the Master Services Agreement. Brookfield owns an approximate 28.5% interest in Brookfield Infrastructure. The Company operates in three segments: Utilities which include Regulated or contractual businesses that earn a return on their rate base; Transport which provides transportation for freight bulk commodities and passengers for which it is paid an access fee and Energy which includes systems that provide transmission distribution and storage services.