Brookfield Infrastructure Partners L.P. (TSE:BIP.UN – Get Free Report) (NYSE:BIP) shares reached a new 52-week high on Friday . The stock traded as high as C$60.83 and last traded at C$49.87, with a volume of 48784 shares trading hands. The stock had previously closed at C$48.98.
Wall Street Analysts Forecast Growth
Separately, National Bankshares increased their price objective on Brookfield Infrastructure Partners from C$31.00 to C$34.00 and gave the company a “sector perform” rating in a research report on Friday, August 23rd.
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Brookfield Infrastructure Partners Stock Performance
Brookfield Infrastructure Partners Company Profile
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.
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