BMO Capital Markets Cuts Brookfield Infrastructure Partners L.P. to Market Perform (BIP)

By admin | 6 years ago

Brookfield Infrastructure Partners L.P. (NYSE: BIP) was downgraded by research analysts at BMO Capital Markets from an “outperform” rating to a “market perform” rating in a report released on Wednesday.

Brookfield Infrastructure Partners L.P. traded up 0.03% on Wednesday, hitting $31.10. Brookfield Infrastructure Partners L.P. has a 52-week low of $22.16 and a 52-week high of $32.21. The company has a market cap of $8.708 billion and a price-to-earnings ratio of 39.21.

Separately, analysts at Credit Suisse (NYSE: CS) downgraded shares of Brookfield Infrastructure Partners L.P. from an “outperform” rating to a “neutral” rating in a research note to investors on Monday, April 2nd.

Brookfield Infrastructure Partners L.P. (the Partnership) and its related entities own and operate certain infrastructure assets on a global basis.

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