Brookfield Infrastructure Partners LP Limited Partnership Units (NYSE:BIP) traded today at a new 52-week high of $59.22. This new high was reached on below average trading volume as 64,000 shares traded hands, while the average 30-day volume is approximately 284,000 shares.
Over the past year, Brookfield Infrastructure Partners LP Limited Partnership Units has traded in a range of $42.29 to $59.22 and is now at $59.20, 40% above that low.
Brookfield Infrastructure Partners LP is a Bermuda exempted limited partnership that owns and operates quality, long-life assets that generate stable cash flows, by virtue of barriers to entry or other characteristics tend to appreciate in value over time. It focuses on acquiring infrastructure assets that have low maintenance capital costs and high barriers to entry. The company’s segments consist of Utilities, Transport, Midstream, and Data. Geographically, it generates maximum revenue from Brazil and also has a presence in Australia, Colombia, United Kingdom, Canada, United States of America, Chile, Peru, India, and other countries.
Brookfield Infrastructure Partners LP Limited Partnership Units (NYSE:BIP) is currently priced 76.0% above its average consensus analyst price target of $14.19.
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