Analyst Ratings for Brookfield Infrastructure Partners L.P. (BIP)

Updated: 2017-07-26

Brookfield Infrastructure Partners L.P. (NYSE:BIP) was awarded an average rating of Overweight from investment analysts following the stock. A consensus rating of Overweight was previously issued for BIP last month.

A buy rating was issued by 6 analysts, 1 issued an overweight rating, 2 issued a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.

BIP was given price targets by several analysts. The most optimistic price target was 48, which equates to a potential upside of 18.05 percent. The lowest price target was 42, implying a possible loss of 3.3 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 11.36 percent. That number becomes 11.36 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 7.08 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -2.98 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 1 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 1 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

Analysts estimate earnings of BIP to grow at a rate of 248.77 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. BIP has a PEG ratio of 0.18.

BIP has a 52-week high of 41.55 and a 52-week low of 30.12. The current market price is above the trailing year's low by 34.99 percent, and 2.14 percent below the high. BIP has a price/earnings ratio of 43.98. Investors typically compare the P/E ratio to a company's peers in the industry. The BIP value stock report compares BIP to some of its peers using value stock charts. The market cap of BIP is $10.52 billion. BIP will post this quarters earnings in days, on 0000-00-00.