Devin Dodge analyst at BMO Capital reiterates coverage on Brookfield Infrastructure (BIP) stock in the Utilities sector with a Buy rating. TipRanks.com has Dodge rated as a 4.1 star analyst with a 63% return on investment and a 7.6% success rate. Dodge has set a price target of $ 46.
TipRanks.com reports that Brookfield Infrastructure stock currently has 5 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target for BIP's stock is $46.15. The target pricing ranges from a high forecast of $49.50 down to a low forecast of $41.27. Brookfield Infrastructure (BIP)’s stock last closing price was $40.49 which would put the average price target at 13.98% upside.
In addition, TradingView issued a Buy rating for BIP's stock over the next month, Barchart.com has a Weak sell rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on BIP stock.
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TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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