Shares of Brookfield Infrastructure Partners L.P. (TSE:BIP.UN – Get Free Report) (NYSE:BIP) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$44.84 and traded as high as C$49.34. Brookfield Infrastructure Partners shares last traded at C$48.62, with a volume of 413,745 shares.
Analyst Upgrades and Downgrades
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 report on Friday, August 23rd.
Check Out Our Latest Analysis on BIP.UN
Brookfield Infrastructure Partners Price 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.
See Also
- Five stocks we like better than Brookfield Infrastructure Partners
- Most active stocks: Dollar volume vs share volume
- Chinese Stocks Cool Off: Time to Buy the Dip in These 2 Stocks?
- 3 Ways To Invest In Coffee, Other Than Drinking It
- Goldman Sachs Highlights 3 Top Short Squeeze Stocks to Watch
- 3 Tickers Leading a Meme Stock Revival
- Walmart is Up 56% YTD, Is it Still a Top Consumer Staples Stock?
Receive News & Ratings for Brookfield Infrastructure Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brookfield Infrastructure Partners and related companies with MarketBeat.com's FREE daily email newsletter.