Brookfield Infrastructure Partners L.P. (BIP)
NYSE: BIP · IEX Real-Time Price · USD
26.28
+0.72 (2.82%)
Apr 18, 2024, 4:00 PM EDT - Market closed
BIP Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for BIP stock have an average target of 39.63, with a low estimate of 34 and a high estimate of 45. The average target predicts an increase of 50.80% from the current stock price of 26.28.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for BIP stock from 9 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 2 |
| Buy | 6 | 6 | 6 | 6 | 6 | 6 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 8 | 8 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy Maintains $37 → $34 | Strong Buy | Maintains | $37 → $34 | +29.38% | Apr 17, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $42 → $38 | Buy | Maintains | $42 → $38 | +44.60% | Nov 3, 2023 |
| RBC Capital | RBC Capital | Buy Maintains $45 → $40 | Buy | Maintains | $45 → $40 | +52.21% | 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 |
| Raymond James | Raymond James | Buy → Strong Buy Upgrades $45 | Buy → Strong Buy | Upgrades | $45 | +71.23% | Sep 25, 2023 |
Financial Forecast
Revenue This Year
8.06B
from 17.93B
Decreased by -55.03%
Revenue Next Year
8.79B
from 8.06B
Increased by 8.94%
EPS This Year
0.84
from 0.14
Increased by 498.79%
EPS Next Year
1.21
from 0.84
Increased by 44.43%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.9B | 9.5B | 9.6B | 24.5B | 26.1B |
| Avg | 8.1B | 8.8B | 9.2B | 23.5B | 25.1B |
| Low | 7.4B | 8.2B | 8.9B | 22.8B | 24.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -50.6% | 18.1% | 8.9% | 166.0% | 10.8% |
| Avg | -55.0% | 8.9% | 4.8% | 155.8% | 6.5% |
| Low | -58.8% | 1.2% | 1.7% | 148.2% | 3.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.48 | 1.64 | 1.56 |
| Avg | 0.84 | 1.21 | 1.45 |
| Low | 0.51 | 1.03 | 1.35 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 957.5% | 95.4% | 28.8% |
| Avg | 498.8% | 44.4% | 19.5% |
| Low | 264.0% | 22.7% | 11.7% |
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.