Brookfield Infrastructure Partners L.P. (BIP)
NYSE: BIP · IEX Real-Time Price · USD
30.45
+0.01 (0.03%)
At close: Jul 19, 2024, 4:00 PM
30.05
-0.40 (-1.31%)
Pre-market: Jul 22, 2024, 7:06 AM EDT
BIP Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for BIP stock have an average target of 39.86, with a low estimate of 34 and a high estimate of 45. The average target predicts an increase of 30.90% from the current stock price of 30.45.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 2, 2024.
Analyst Ratings
The average analyst rating for BIP stock from 8 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 2 | 2 | 2 | 2 |
| Buy | 6 | 6 | 6 | 6 | 6 | 6 |
| Hold | 1 | 1 | 1 | 1 | 1 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 9 | 9 | 9 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Buy Maintains $40 → $36 | Buy | Maintains | $40 → $36 | +18.23% | May 2, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $37 → $34 | Strong Buy | Maintains | $37 → $34 | +11.66% | Apr 17, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $42 → $38 | Buy | Maintains | $42 → $38 | +24.79% | Nov 3, 2023 |
| RBC Capital | RBC Capital | Buy Maintains $45 → $40 | Buy | Maintains | $45 → $40 | +31.36% | Nov 2, 2023 |
| National Bank Financial Inc | National Bank Financial Inc | Hold → Buy Upgrades n/a | Hold → Buy | Upgrades | n/a | n/a | Oct 18, 2023 |
Financial Forecast
Revenue This Year
12.97B
from 17.93B
Decreased by -27.66%
Revenue Next Year
12.81B
from 12.97B
Decreased by -1.26%
EPS This Year
0.50
from 0.14
Increased by 255.30%
EPS Next Year
1.08
from 0.50
Increased by 116.14%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 20.2B | 21.5B | 22.9B | 24.5B | 26.1B |
| Avg | 13.0B | 12.8B | 13.7B | 23.5B | 25.1B |
| Low | 8.0B | 8.4B | 9.1B | 22.8B | 24.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.8% | 65.9% | 79.0% | 78.7% | 10.8% |
| Avg | -27.7% | -1.3% | 6.9% | 71.9% | 6.5% |
| Low | -55.2% | -35.4% | -28.7% | 66.8% | 3.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.55 | 1.39 | 1.65 |
| Avg | 0.50 | 1.08 | 1.45 |
| Low | 0.45 | 0.88 | 1.18 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 293.7% | 178.6% | 53.3% |
| Avg | 255.3% | 116.1% | 35.0% |
| Low | 222.0% | 77.3% | 9.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.