Barclays Maintains a Hold Rating on Brookfield Infrastructure

By Austin Angelo

In a report issued on November 4, Ross Fowler from Barclays maintained a Hold rating on Brookfield Infrastructure (NYSE: BIP), with a price target of $36. The company’s shares closed yesterday at $33.44, close to its 52-week high of $35.03.

According to, Fowler is ranked #2878 out of 4181 analysts.

Brookfield Infrastructure has an analyst consensus of Strong Buy, with a price target consensus of $37.

Brookfield Infrastructure’s market cap is currently $8.14B and has a P/E ratio of 37.43. The company has a book value ratio of 2.0550.

Brookfield Infrastructure Partners LP owns and operates utility, transport and energy businesses in North and South America, Australasia, and Europe. It operates through four segments: Utilities, Transport, Energy and Communications Infrastructure. The Utilities segment comprises of regulated businesses, which earn a return on their asset base, as well as businesses with long term contracts designed to generate a return on capital over the life of the contract. The Transport segment comprises of open access systems that provide transportation, storage and handling services for freight, bulk commodities and passengers, for which it is paid an access fee. The Energy segment comprises of systems that provide energy transportation, storage, and distribution services. The Communications Infrastructure segment provides contracted transmission services and tower access rights. The company was founded in July 1905 and is headquartered in Hamilton, Bermuda.