Alert: Positive Investment/Fundamental Signals (10/15/24)-Brookfield Infrastructure Partne (NYSE: BIP)

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Recent important positive changes in fundamentals have benefitted Brookfield Infrastructure Partne (NYSE: BIP): the consensus estimate for December, 2025 increased significantly, the stock’s power rating rose above 70, and significant quarterly earnings acceleration occurred.

Brookfield Infrastructure Partne (NYSE: BIP) has benefited from notable positive changes in investment behavior: positive upside/downside volume developed.

In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

BIP’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.

Brookfield Infrastructure Partne has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Brookfield Infrastructure Partne has a neutral Appreciation Score of 58 but a good Power Rating of 78, resulting in the Positive Value Trend Rating.

Recent Price Action

Brookfield Infrastructure Partne (NYSE: BIP) stock closed at $34.15 on 10/15/24 after a slight gain of 0.1%. Trading volume in this advance was normal. The stock is unchanged during the last week and has been strong relative to the market over the last nine months.

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