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. The stock had previously closed at C$48.98.
Wall Street Analyst Weigh In
Separately, National Bankshares increased their target price on shares of Brookfield Infrastructure Partners from C$31.00 to C$34.00 and gave the stock a "sector perform" rating in a report on Friday, August 23rd.
Read Our Latest Report on Brookfield Infrastructure Partners
Brookfield Infrastructure Partners Price Performance
The firm has a market cap of C$22.91 billion, a price-to-earnings ratio of -278.06, a P/E/G ratio of -2.12 and a beta of 1.05. The business's 50-day simple moving average is C$44.98 and its two-hundred day simple moving average is C$41.55. The company has a current ratio of 0.81, a quick ratio of 0.45 and a debt-to-equity ratio of 180.01.
Brookfield Infrastructure Partners Company Profile
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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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