Brookfield Infrastructure Partners L.P. (BIP)
NYSE: BIP · Real-Time Price · USD
35.02
-0.12 (-0.34%)
Dec 3, 2024, 2:09 PM EST - Market open
BIP Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for BIP stock have an average target of 37.5, with a low estimate of 36 and a high estimate of 39. The average target predicts an increase of 7.08% from the current stock price of 35.02.
Analyst Consensus: Strong Buy
* Price targets were last updated on Sep 30, 2024.
Analyst Ratings
The average analyst rating for BIP stock from 2 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 1 | 1 | 1 |
| Buy | 6 | 6 | 6 | 3 | 3 | 1 |
| Hold | 1 | 1 | 1 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 9 | 4 | 4 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy Maintains $35 → $39 | Strong Buy | Maintains | $35 → $39 | +11.36% | Sep 30, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $40 → $36 | Buy | Maintains | $40 → $36 | +2.80% | May 2, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $37 → $34 | Strong Buy | Maintains | $37 → $34 | -2.91% | Apr 17, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $42 → $38 | Buy | Maintains | $42 → $38 | +8.51% | Nov 3, 2023 |
| RBC Capital | RBC Capital | Buy Maintains $45 → $40 | Buy | Maintains | $45 → $40 | +14.22% | Nov 2, 2023 |
Financial Forecast
Revenue This Year
16.80B
from 17.93B
Decreased by -6.33%
Revenue Next Year
14.49B
from 16.80B
Decreased by -13.71%
EPS This Year
0.42
from 0.19
Increased by 120.80%
EPS Next Year
0.74
from 0.42
Increased by 77.23%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 20.0B | 21.4B | 22.8B | ||
| Avg | 16.8B | 14.5B | 15.5B | ||
| Low | 13.9B | 8.2B | 8.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.6% | 27.3% | 57.2% | ||
| Avg | -6.3% | -13.7% | 7.2% | ||
| Low | -22.4% | -51.4% | -38.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.46 | 1.28 | 1.65 |
| Avg | 0.42 | 0.74 | 1.03 |
| Low | 0.38 | 0.48 | 0.72 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 142.8% | 207.1% | 122.2% |
| Avg | 120.8% | 77.2% | 39.1% |
| Low | 101.8% | 14.8% | -3.5% |
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.