Brookfield Infrastructure Partners LP Limited Partnership Units (NYSE:BIP) traded today at a new 52-week high of $65.99. Approximately 51,000 shares have changed hands today, as compared to an average 30-day volume of 279,000 shares.
Brookfield Infrastructure Partners LP Limited Partnership Units (NYSE:BIP) defies analysts with a current price ($65.95) 1.6% above its average consensus price target of $64.90.
Brookfield Infrastructure Partners LP Limited Partnership Units share prices have moved between a 52-week high of $65.99 and a 52-week low of $52.44 and are now trading 26% above that low price at $65.95 per share.
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.
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