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


Credit Suisse analyst Andrew Kuske maintained a Buy rating on Brookfield Infrastructure (NYSE: BIP) yesterday and set a price target of $46. The company’s shares closed yesterday at $39.44.

Kuske has an average return of 7.8% when recommending Brookfield Infrastructure.

According to TipRanks.com, Kuske is ranked #2132 out of 4872 analysts.

Brookfield Infrastructure has an analyst consensus of Strong Buy, with a price target consensus of $46.25.

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Brookfield Infrastructure’s market cap is currently $10.92B and has a P/E ratio of 58.67. The company has a Price to Book ratio of 2.40.

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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.