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Brookfield Infrastructure Partners (BIP) Stock Forecast & Price Target

$31.96
+0.30 (+0.95%)
(As of 08/21/2024 ET)

Brookfield Infrastructure Partners - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 11 Wall Street analysts who have issued ratings for Brookfield Infrastructure Partners in the last 12 months, the stock has a consensus rating of "Buy." Out of the 11 analysts, 2 have given a hold rating, 7 have given a buy rating, and 2 have given a strong buy rating for BIP.

Consensus Price Target

$38.20
19.52% Upside
High Forecast$46.00
Average Forecast$38.20
Low Forecast$32.00

According to the 11 analysts' twelve-month price targets for Brookfield Infrastructure Partners, the average price target is $38.20. The highest price target for BIP is $46.00, while the lowest price target for BIP is $32.00. The average price target represents a forecasted upside of 19.52% from the current price of $31.96.

TypeCurrent Forecast
8/23/23 to 8/22/24
1 Month Ago
7/24/23 to 7/23/24
3 Months Ago
5/25/23 to 5/24/24
1 Year Ago
8/23/22 to 8/23/23
Consensus Rating
Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
2 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
7 Buy rating(s)
7 Buy rating(s)
7 Buy rating(s)
5 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$38.20$38.20$38.20$42.83
Forecasted Upside19.52% Upside33.00% Upside33.00% Upside24.73% Upside
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BIP Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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BIP Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Brookfield Infrastructure Partners Stock vs. The Competition

TypeBrookfield Infrastructure PartnersFinance CompaniesS&P 500
Consensus Rating Score
3.00
2.46
2.51
Consensus RatingBuyHoldModerate Buy
Predicted Upside19.52% Upside38.54% Upside8.74% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
8/2/2024Cibc World Mkts
0 of 5 stars
R. Catellier
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UpgradeStrong-Buy
5/2/2024BMO Capital Markets
4 of 5 stars
 Lower TargetOutperform ➝ Outperform$40.00 ➝ $36.00+28.80%
4/17/2024Jefferies Financial Group
2 of 5 stars
 Lower TargetBuy ➝ Buy$37.00 ➝ $34.00+32.81%
2/2/2024Raymond James
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 Boost TargetStrong-Buy$40.00 ➝ $44.00+40.80%
2/2/2024TD Securities
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 Lower TargetBuy$47.00 ➝ $46.00+47.20%
1/30/2024National Bankshares
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 DowngradeOutperform ➝ Sector Perform$32.00+1.72%
1/30/2024National Bank Financial
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P. Kenny
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DowngradeOutperform ➝ Sector Perform
11/2/2023Royal Bank of Canada
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 Lower TargetOutperform ➝ Outperform$45.00 ➝ $40.00+47.11%
10/25/2023Scotiabank
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 Lower TargetOutperform$44.00 ➝ $38.00+66.01%
9/22/2023Wells Fargo & Company
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 Lower TargetOverweight ➝ Overweight$37.00 ➝ $35.00+14.53%
8/30/2023Credit Suisse Group
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 Reiterated RatingOutperform ➝ Outperform$44.00+38.10%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 08:14 AM ET.

BIP Forecast - Frequently Asked Questions

What is Brookfield Infrastructure Partners' forecast for 2024?

According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for Brookfield Infrastructure Partners is $38.20, with a high forecast of $46.00 and a low forecast of $32.00.

Should I buy or sell Brookfield Infrastructure Partners stock right now?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brookfield Infrastructure Partners in the last year. There are currently 2 hold ratings, 7 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" BIP shares.

Does Brookfield Infrastructure Partners's stock price have much upside?

According to analysts, Brookfield Infrastructure Partners's stock has a predicted upside of 33.00% based on their 12-month stock forecasts.

Has Brookfield Infrastructure Partners been upgraded by Wall Street analysts recently?

Over the previous 90 days, Brookfield Infrastructure Partners's stock had 1 upgrade by analysts.

What analysts cover Brookfield Infrastructure Partners?

Brookfield Infrastructure Partners has been rated by research analysts at Cibc World Mkts in the past 90 days.

Do Wall Street analysts like Brookfield Infrastructure Partners more than its competitors?

Analysts like Brookfield Infrastructure Partners more than other "finance" companies. The consensus rating for Brookfield Infrastructure Partners is Buy while the average consensus rating for "finance" companies is Hold. Learn more on how BIP compares to other companies.


This page (NYSE:BIP) was last updated on 8/22/2024 by MarketBeat.com Staff

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