Brookfield Infrastructure Partners L.P. (BIP)
NYSE: BIP · Real-Time Price · USD
34.70
-0.76 (-2.14%)
Oct 29, 2024, 4:00 PM EDT - Market closed
BIP Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for BIP stock have an average target of 38.33, with a low estimate of 36 and a high estimate of 40. The average target predicts an increase of 10.46% from the current stock price of 34.70.
Analyst Consensus: Strong Buy
* Price targets were last updated on Sep 30, 2024.
Analyst Ratings
The average analyst rating for BIP stock from 3 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 1 | 1 |
| Buy | 6 | 6 | 6 | 6 | 3 | 2 |
| Hold | 1 | 1 | 1 | 1 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 9 | 9 | 4 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy Maintains $35 → $39 | Strong Buy | Maintains | $35 → $39 | +12.39% | Sep 30, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $40 → $36 | Buy | Maintains | $40 → $36 | +3.75% | May 2, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $37 → $34 | Strong Buy | Maintains | $37 → $34 | -2.02% | Apr 17, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $42 → $38 | Buy | Maintains | $42 → $38 | +9.51% | Nov 3, 2023 |
| RBC Capital | RBC Capital | Buy Maintains $45 → $40 | Buy | Maintains | $45 → $40 | +15.27% | Nov 2, 2023 |
Financial Forecast
Revenue This Year
13.90B
from 17.93B
Decreased by -22.47%
Revenue Next Year
12.70B
from 13.90B
Decreased by -8.65%
EPS This Year
0.38
from 0.19
Increased by 98.76%
EPS Next Year
0.96
from 0.38
Increased by 155.61%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 20.0B | 21.4B | 22.8B | ||
| Avg | 13.9B | 12.7B | 13.6B | ||
| Low | 7.9B | 8.2B | 8.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.6% | 53.8% | 79.4% | ||
| Avg | -22.5% | -8.6% | 6.9% | ||
| Low | -56.1% | -41.2% | -30.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.48 | 1.34 | 1.65 |
| Avg | 0.38 | 0.96 | 1.43 |
| Low | 0.22 | 0.66 | 1.16 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 155.0% | 257.1% | 71.1% |
| Avg | 98.8% | 155.6% | 49.0% |
| Low | 13.8% | 74.4% | 20.2% |
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.