Brookfield Infrastructure (BIP) Gets a Buy Rating from Credit Suisse


In a report released yesterday, Andrew Kuske from Credit Suisse maintained a Buy rating on Brookfield Infrastructure (NYSE: BIP), with a price target of $46. The company’s shares closed yesterday at $38.83.

Kuske has an average return of 6.1% when recommending Brookfield Infrastructure.

According to TipRanks.com, Kuske is ranked #2817 out of 4908 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Brookfield Infrastructure with a $44.50 average price target.

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The company has a one-year high of $46.88 and a one-year low of $36.84. Currently, Brookfield Infrastructure has an average volume of 255.2K.

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Brookfield Infrastructure Partners LP engages in the operation of assets that generates cash flows and requires minimal capital expenditures. It operates through the following business segments: Utilities, Transport, Energy, Communications Infrastructure, and Corporate.

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