This infrastructure company is extremely diversified across assets like toll roads, water infrastructure, and telecommunications.
Brookfield Infrastructure Partn with ticker code (BIP) now have 4 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 61.86 and 47.14 with a mean TP of 57.97. Given that the stocks previous close was at 41.19 this would imply there is a potential upside of 40.7%. The 50 day moving average now sits at 40.61 while the 200 day moving average is 40.41. The market cap for the company is $18,591m. Visit the company website at: https://www.bip.brookfield.com [stock_market_widget type="chart" template="basic" color="green" assets="BIP" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $26,164m based on the market concensus. Brookfield Infrastructure Partners L.P. owns and operates utilities, transport, midstream, and data businesses in North and South America, Europe, and the Asia Pacific. The company''s Utilities segment operates approximately 61,000 kilometers (km) of operational electricity transmission and distribution lines; 5,300 km of electricity transmission lines; 4,200 km of natural gas pipelines; 7.3 million electricity and natural gas connections; and 360,000 long-term contracted sub-metering services.
Brookfield Infrastructure Partners is a company that has inflation-hedged assets. Click to read why I believe the coming years will be particularly good for BIP.
Brookfield Infrastructure and Kinder Morgan are two investment-grade infrastructure businesses with attractive yields and dividend growth momentum. Read why we rate KMI a Buy and BIP a Hold.
Brookfield Infrastructure Partn with ticker code (BIP) now have 4 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The target price ranges between 61.01 and 47.05 with a mean TP of 57.31. Given that the stocks previous close was at 43.01 this is indicating there is a potential upside of 33.2%. The day 50 moving average is 39.41 and the 200 day moving average is 40.18. The company has a market cap of $19,909m. Find out more information at: https://www.bip.brookfield.com [stock_market_widget type="chart" template="basic" color="green" assets="BIP" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $26,528m based on the market concensus. Brookfield Infrastructure Partners L.P. owns and operates utilities, transport, midstream, and data businesses in North and South America, Europe, and the Asia Pacific. The company''s Utilities segment operates approximately 61,000 kilometers (km) of operational electricity transmission and distribution lines; 5,300 km of electricity transmission lines; 4,200 km of natural gas pipelines; 7.3 million electricity and natural gas connections; and 360,000 long-term contracted sub-metering services.
Intel announced a major $30 billion investment partnership with Brookfield Infrastructure Partners. Read what to know about INTC stock here.
Chip giant Intel has announced a partnership with Brookfield Infrastructure Partners, which will see the pair jointly invest $30 billion into expanding the firm’s Arizona plant. Expected to close by the end of the year, the deal is a first-of-its-kind Semiconductor Co-Investment Program (SCIP) and represents a new funding model in the capital-intensive semiconductor industry, [&hellip The post Intel strikes $30bn private equity partnership to fund Arizona plant expansion appeared first on TechCentral.ie .
Intel has struck a partnership with Brookfield Infrastructure Partners to fund the development of a $30bn semiconductor fabrication plant in Arizona, as the chipmaker works to finance construction on large domestic manufacturing facilities following the approval of landmark semiconductor legislation in the US. Brookfield is investing $15bn for a 49 per cent stake in Intel’s […] Intel seals $30bn partnership with Brookfield to fund chip factories
Intel will have a 51 percent stake in this joint venture.
SANTA CLARA (dpa-AFX) - Brookfield Infrastructure Partners L.P. (BIP) said on Tuesday that it has signed a deal with Intel Corp. (INTC) to invest up to $15 billion for a 49 percent stake in Intel''…
Brookfield Infrastructure Partn found using ticker (BIP) now have 4 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The target price ranges between 60.04 and 47.01 with a mean TP of 56.56. With the stocks previous close at 41.54 this would imply there is a potential upside of 36.2%. The day 50 moving average is 39.14 and the 200 day MA is 40.05. The company has a market cap of $19,025m. Visit the company website at: https://www.bip.brookfield.com [stock_market_widget type="chart" template="basic" color="green" assets="BIP" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $25,904m based on the market concensus. Brookfield Infrastructure Partners L.P. owns and operates utilities, transport, midstream, and data businesses in North and South America, Europe, and the Asia Pacific. The company''s Utilities segment operates approximately 61,000 kilometers (km) of operational electricity transmission and distribution lines; 5,300 km of electricity transmission lines; 4,200 km of natural gas pipelines; 7.3 million electricity and natural gas connections; and 360,000 long-term contracted sub-metering services.
Massif Capital, an investment management company, recently published its “Massif Real Assets Strategy” second quarter 2022 investor letter. A copy of the same can be downloaded here. In the second quarter the fund returned -14.9% net of fees and the year-to-date return was -3%. Materials exposure of the portfolio posted losses during the quarter. You […]
https://www.investing.com/news/pro/brookfield-infrastructure-partners-pt-raised-to-47-at-wells-fargo-432SI-2863227
Brookfield Infrastructure Partners L.P. (NYSE:NYSE:BIP) Q2 2022 Results Conference Call August 03, 2022 09:00 AM ET Company Participants Samuel Pollock - Chief Executive Officer David Krant…
Brookfield Infrastructure Partners (NYSE:BIP) declares $0.36/share quarterly dividend, -33.3% decrease from prior dividend of $0.54.Forward yield 3.66%Payable Sept.
Brookfield Infrastructure Partners (BIP) is scheduled to announce Q2 earnings results on Wednesday, August 3rd, before market open.The consensus FFO Estimate is $0.64 (-24.7% Y/Y) and…
Looking for the consistency of fixed yield, plus the potential for upside? Preferred stocks may be right for your portfolio. There are many approaches you can take with this asset class, but one you should consider is buying preferred stocks trading at a discount. With the sharp rise of interest rates so far this year, many preferred shares have fallen to discount to their respective par value. That’s bad news for those who got in at par value (typically $25 per share). Yet for investors buying them today, at between $20 and $25 per share? They could provide solid returns. Both in terms of yield, as well as upside. Like with common stock, there’s no guarantee preferred stocks will go up. In fact, like common shares, preferred stocks can be volatile, if the underlying company is facing issues. However, if you stick to large, more stable names, you may be able to mitigate much of this risk. 7 Seriously Undervalued Dividend Stocks to Buy for High Total Returns So, which preferred stocks trading at a discount should you consider right now?
German telecommunications company, Deutsche Telekom AG (OTC: DTEGY ), revealed the sale of a 51% ownership stake in GD Towers , comprising its tower business in Germany and Austria, to a consortium of Canada''s Brookfield Infrastructure Partners LP (NYSE: BIP ) and DigitalBridge Group, … Full story available on Benzinga.com
DigitalBridge Group (DBRG) said that funds affiliated with its investment management arm together with Brookfield Infrastructure (BIP) and its institutional partners have reached…
If history is any guide, there may be trouble ahead for shares of Brookfield Infr Partners (NYSE: BIP ). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock. What To Know: Many traders use moving average crossover systems to make their decisions. When a shorter-term average price crosses above a longer-term average price, it could mean the stock is trending higher. If the short-term average price crosses … Full story available on Benzinga.com
The market is pricing in a recession for infrastructure and energy stocks today.
Brookfield Infrastructure Partners (BIP) +3% in Thursday''s trading after Credit Suisse upgrades shares to Outperform from Neutral with a $49.50 price target, citing impressive…
Upgrades According to Jefferies, the prior rating for Digital Realty Trust Inc (NYSE: DLR ) was changed from Hold to Buy. Digital Realty Trust earned $1.67 in the first quarter, compared to $1.67 in the year-ago quarter. At the moment, the stock has a 52-week-high of $178.22 and a 52-week-low of $124.00. Digital Realty Trust closed at $127.40 at the end of the last trading period. For Equinix Inc (NASDAQ: EQIX ), Jefferies upgraded the previous rating of Hold to Buy. For the first quarter, Equinix had an EPS of $7.16, compared to year-ago quarter EPS of $6.98. The stock has a 52-week-high of $885.26 and a 52-week-low of $606.12. At the end of the last trading period, Equinix closed at $649.50. Jefferies upgraded the previous rating for Crown Castle International Corp (NYSE: CCI ) from Hold to Buy. In the first quarter, Crown Castle Intl showed an EPS of $1.87, compared to $1.71 from the year-ago quarter. The current stock performance of Crown Castle Intl shows a 52-week-high of $209.87 and a 52-week-low of $153.70.
Brookfield Infrastructure Partn with ticker code (BIP) now have 5 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The target price ranges between 63.95 and 59.63 with the average target price sitting at 61.1. Given that the stocks previous close was at 36.83 this now indicates there is a potential upside of 65.9%. There is a 50 day moving average of 40.79 and the 200 moving average now moves to 39.85. The market cap for the company is $16,989m. Company Website: https://www.bip.brookfield.com [stock_market_widget type="chart" template="basic" color="green" assets="BIP" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $28,184m based on the market concensus. Brookfield Infrastructure Partners L.P. owns and operates utilities, transport, midstream, and data businesses in North and South America, Europe, and the Asia Pacific. The company''s Utilities segment operates approximately 61,000 kilometers (km) of operational electricity transmission and distribution lines; 5,300 km of electricity transmission lines; 4,200 km of natural gas pipelines; 7.3 million electricity and natural gas connections; and 360,000 long-term contracted sub-metering services.
Brookfield Infrastructure Partners has a lot going for it, and most investors will probably want to own it. But not all investors.
Wall Street has had no shortage of gloomy headlines in recent weeks. And recently, JPMorgan Chase (NYSE: JPM ) CEO Jamie Dimon warned of an economic hurricane looming. In turn, he suggested investors should brace themselves even though things seem fine for the time being. Similar dire remarks came from John Waldron , President and COO of Goldman Sachs (NYSE: GS ), and Elon Musk , CEO of Tesla (NASDAQ: TSLA ), in early June. Additionally, the World Bank recently underscored the threat of high inflation and low growth — the so-called stagflation. “The war in Ukraine, lockdowns in China, supply-chain disruptions, and the risk of stagflation are hammering growth. For many countries, recession will be hard to avoid,” World Bank President David Malpass said. Meanwhile, U.S. inflation hitting a 40-year high has sent the stock market into a tailspin. According to the Bureau of Labor Statistics (BIS), inflation soared 8.6% in May from 8.3% a month before. Also, the S&P 500 index has lost around 8.8% since the start of June, pushing the losses to almost 21% year-to-date (YTD).
Here''s why Brookfield Infrastructure Partners (TSX:BIP.UN) might be the perfect stock to hold in your TFSA and ride out a recession. The post TFSA Investors: 1 Top Dividend Stock to Ride Out a Recession appeared first on The Motley Fool Canada .
Brookfield Infrastructure Partners beat expectations on revenue and FFO. Read more to see why BIPC can create long-term value for investors.
Brookfield Infrastructure provides much-needed infrastructure that is hard to replicate. Read why BIP is positioned to deliver solid growth in the long run.
Amidst the volatility and declines on Wall Street, dividend stocks with high yields have become a prized commodity among investors. Growing fears that the economy is tipping into recession continue to draw investors into reliable stocks that offer passive income. Most dividend payers are primarily concentrated in industries that consumers rely on throughout the year, regardless of the economic environment. Such sectors typically include utilities, infrastructure, consumer staples and telecommunications. We should also add real estate investment trusts (REITs) and master limited partnerships (MLPs) to the list of high-yield plays. So far in 2022, dividend stocks have outperformed broader indices. For example, an exchange-traded fund (ETF) that tracks 75 high-dividend stock s, the iShares Core High Dividend ETF (NYSEARCA: HDV ), has appreciated over 7% year-to-date (YTD). Conversely, the S&P 500 index has lost over 13% since January. 7 Cheap Growth Stocks That Won''t Stay That Way for Long With that information, here are seven high-quality dividend stocks with high yields that will provide a safe way to position investor portfolios amidst the uncertainty in the stock market.
Advantage, Restaurant Brands in Focus Whatever funk stocks in Toronto had been in most of the spring has been pushed aside. Monday, equities in the nation’s biggest centre enjoyed triple-digit gains as their American cousins enjoyed some time off. The S&P/TSX leaped 170.82 points to conclude Monday at 20,919.40. The Canadian dollar gained 0.40 cents to 78.98 cents U.S. Energy stocks were champions on a day of subdued trading, as Advantage Oil & Gas grabbed 66 cents, or 6.3%, to $11.11, while Secure Energy Systems advanced 14 cents, or 5.8%, to $7.49. In consumer discretionary stocks, Restaurant Brands International dashed ahead $1.63, or 2.5%, to $66.68, while Linamar moved ahead $1.31, or 2.5%, to $54.18. Information technology stocks also shone, with HUT 8 jumping 36 cents, or 11.3%, to $3.56, while Softchoice grabbed $1.45, or 6.6%, to $23.41. Utilities fell short, however, with Boralex slumbering $1.57, or 3.9%, to $39.20, while Brookfield Infrastructure Partners faltered $1.36, or 1.8%, to $75.85.
Brookfield Infrastructure is performing quite well during the current market downturn.
(Bloomberg) — Shareholder advisory firm Glass Lewis & Co. backed a proposal requiring Brookfield Asset Management Inc. to set emission-reduction targets for some of its subsidiaries that invest in the oil and gas sector. The proposal, brought by a shareholder, is aimed at publicly-listed Brookfield Business Partners and Brookfield Infrastructure Partners and will be considered […]
Brookfield Infrastructure (BIPC) had declared $0.54/share quarterly dividend, in line with previous.
Although the market turmoil may have investors scrambling for cover, these retirement stocks can likely withstand the heat. Brookfield Infrastructure ( BIPC ): One of the largest owners and operators of critical global infrastructure networks, Brookfield presents unbeatable relevance. Duke Energy ( DUK ): A classic name among retirement stocks, Duke Energy’s pertinent business and compelling coverage map make it a worthwhile idea. American Electric Power Company ( AEP ): A massive electric utility firm covering 11 states, AEP commands permanent relevance among retirement stocks to buy. Merck ( MRK ): A powerhouse in the big pharmaceutical industry, Merck should benefit from its enviable product portfolio. AbbVie ( ABBV ): As society gradually returns to normal, AbbVie’s Botox acquisition should make ABBV an enticing name among retirement stocks. Exxon Mobil ( XOM ): While experts are screaming that electric vehicles are the future, crude oil likely has a long, lucrative road ahead. Philip Morris ( PM ): If you don’t mind digging into vice plays, PM could provide a relevant lift regarding retirement stocks to buy.
Global footprint, but not present in Russia and Ukraine. Diversified portfolio of assets, including utilities, transport, midstream, and data. Attractive and steadily growing distributions.
Brookfield Infrastructure Partn found using ticker (BIP) have now 5 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 96.37 and 89.86 with the average target price sitting at 91.94. Now with the previous closing price of 58.54 this would imply there is a potential upside of 57.1%. The 50 day MA is 63.23 and the 200 moving average now moves to 59.21. The market capitalisation for the company is $18,188m. Visit the company website at: https://www.bip.brookfield.com [stock_market_widget type="chart" template="basic" color="green" assets="BIP" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $28,565m based on the market concensus. Brookfield Infrastructure Partners L.P. owns and operates utilities, transport, midstream, and data businesses in North and South America, Europe, and the Asia Pacific. The company''s Utilities segment operates approximately 61,000 kilometers (km) of operational electricity transmission and distribution lines; 5,300 km of electricity transmission lines; 4,200 km of natural gas pipelines; 7.3 million electricity and natural gas connections; and 360,000 long-term contracted sub-metering services.
Dynacor Gold Mines Inc. (T.DNG) hit a new 52-week high of $3.39 Thursday. Dynacor announced its monthly dividend. The declaration of a dividend payment of $0.0083 per common share will be payable on April 19, to shareholders of record as of the close of business on April 8. This dividend represents the (25th dividend and 15th monthly payment made to shareholders. Nutrien Ltd. (T.NTR) hit a new 52-week high of $134.42 Thursday. The company has greatly improved operating cash flow ($3.89 billion) and total cash on the balance sheet ($499 million). Recently, it also posted incredible YoY quarterly revenue growth of 83.60%. Amarillo Gold Corporation (V.AGC) hit a new 52-week high of 43 cents Thursday. No news stories today. Alvopetro Energy Ltd. (V.ALV) hit a new 52-week high of $5.43 Thursday. No news stories today. ARC Resources Ltd. (T.ARX) hit a new 52-week high of $16.75 Thursday. No news stories today. Brookfield Infrastructure Partners L.P. (T.BIP.UN) hit a new 52-week high of $79.24 Thursday.
Freeman Gold Corp. (V.FMAN) hit a new 52-week high of 49.5 cents Tuesday. Freeman Gold reports a new gold-silver discovery at the Beauty Zone, located approximately 600 metres west of the Company''s Lemhi Gold Deposit in eastern Idaho. The Beauty Zone lies wholly within Freeman''s patented mining claims and is defined by a 350-metre-by-250-metre coincidental gold in rock and soil anomaly. During Q4 2021, the first ever drilling at the Beauty Zone was designed as a fan of three diamond drill holes from one setup totaling 328 metres Drill hole FG21-003C intersected the highest-grade gold mineralization ever drilled by Freeman. Alvopetro Energy Ltd. (V.ALV) hit a new 52-week high of $5.46 Tuesday. No news stories today. Amarillo Gold Corporation (V.AGC) hit a new 52-week high of 43 cents Tuesday. No news stories today. ARC Resources Ltd. (T.ARX) hit a new 52-week high of $16.25 Tuesday. No news stories today. Brookfield Infrastructure Partners L.P. (T.BIP.UN) hit a new 52-week high of $79.99 Tuesday.
Brookfield Infrastructure Partners said proxy advisory firm Glass Lewis has backed its offer for Inter Pipeline over a rival bid from Pembina Pipeline Corp.
Brookfield Infrastructure Partners said on Friday proxy advisory company Glass Lewis has backed Brookfields offer for Inter Pipeline Ltd over a rival bid from Pembina Pipeline Corp. This follows days after support for Brookfields bid from proxy advisory firm Institutional Shareholder Services (ISS). Pembina has made an all-stock bid of about C$8.5 billion ($6.77 billion), []
BROOKFIELD, NEWS, July 23, 2021 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), together with its institutional partners (collectively, Brookfield Infrastructure ) agree with the recommendation from Glass Lewis to vote AGAINST the Alternative Transaction.
Brookfield Infrastructure Partners LP (TSX:BIP.UN)(NYSE:BIP) targets a total return of 12-15% per annum on the infrastructure assets that it owns, measured over the long term. The post The Top Canadian Stock for Your Portfolio appeared first on The Motley Fool Canada .
Even though Pembina is already in the process of acquiring Inter Pipeline, Brookfield Infrastructure Partners is not going away. The post Inter Pipeline (TSX:IPL) Is Still on Brookfields Radar appeared first on The Motley Fool Canada .
Microsoft''s plan to set up the data centre comes close on the heels of Brookfield Infrastructure planning to establish a joint venture to develop such facilities in India under the brand name BAM Digital Realty. The post Microsoft-Telangana government to set up a data centre worth Rs 15,000 crore appeared first on Businessfortnight .
Microsoft''s plan to set up the data centre comes close on the heels of Brookfield Infrastructure planning to establish a joint venture to develop such facilities in India under the brand name BAM Digital Realty
Jul 19, 2021 (Bloomberg) Inter Pipeline Ltd. is evaluating a formal revised C$8.6 billion ($6.7 billion) offer from Brookfield Infrastructure Partners LP to buy Canadas fourth-largest midstream company after rival suitor Pembina Pipeline Corp. said it wouldnt raise its own bid for the company.Brookfield agreed last Thursday to lift the cash portion of its offer by 2.6% to Read more The post Taking Another Look Inter Pipeline Evaluates Brookfields Revised C$8.6 Billion Bid appeared first on Energy News for the Canadian Oil & Gas Industry | EnergyNow.ca .
Summary: Digital Realty and Brookfield Infrastructure agreed to establish a 50/50 joint venture focused on the development, ownership and operation of data centres in the India market operating under the brand name BAM Digital Realty. The JV intends to acquire land parcels in multiple Indian metros for the development of data centre campuses. Although management did [] The post Digital Realty and Brookfield Infrastructure to form join venture to develop data centres in India appeared first on Structure Research | Cloud, Hosting & Data Centres .
BROOKFIELD, NEWS, July 16, 2021 (GLOBE NEWSWIRE) -- Brookfield Infrastructure (NYSE: BIP; TSX: BIP.UN) today announces that it has completed the sale of 100% of its North American district energy business, Enwave. The business has been divested through two separate transactions for total consideration of $4.1 billion on an enterprise value basis. Enwaves Canadian business was acquired by Ontario Teachers Pension Plan Board and IFM Investors on June 7, 2021, and Enwaves U.S. business was acquired by QIC and Ullico on July 16, 2021. Net proceeds to BIP are approximately $1 billion. We have earned an IRR of over 30% on our investment and a multiple of invested capital of over six times.
Jul 15, 2021 (Bloomberg) Brookfield Infrastructure Partners LPs decision to raise its hostile cash-and-stock offer for Canadas Inter Pipeline Ltd. to C$8.6 billion ($6.9 billion) has shifted the focus to rival suitor Pembina Pipeline Corp.s next move as shares in the fought-over midstream company surged.Brookfield Infrastructure agreed to lift the cash portion of its offer by Read more The post Brookfields Bid for Inter Pipeline Shifts Focus to Pembina appeared first on Energy News for the Canadian Oil & Gas Industry | EnergyNow.ca .