Brookfield Infrastructure Partners (TSE:BIP.UN) Sets New 12-Month High - Still a Buy?
Brookfield Infrastructure Partners (TSE:BIP.UN) reached a new 52-week high at C$50.87 during mid-day trading on Wednesday, closing at C$50.38. The stock has a market cap of C$23.40 billion and a P/E ratio of 75.31. Despite the high, analysts currently rate it as a Hold, suggesting other stocks may be better buys.
Brookfield Infrastructure Partners Trading Up 0.2%
The firm has a market capitalization of C$23.40 billion, a P/E ratio of 75.31, a P/E/G ratio of -2.12 and a beta of 1.91. The company has a current ratio of 0.81, a quick ratio of 0.45 and a debt-to-equity ratio of 180.01. The stock has a 50 day simple moving average of C$48.39 and a 200-day simple moving average of C$45.52.
About Brookfield Infrastructure Partners
(Get Free Report)Brookfield Infrastructure Partners LP is a Bermuda exempted limited partnership that owns and operates quality, long-life assets that generate stable cash flows, by virtue of barriers to entry or other characteristics tend to appreciate in value over time. It focuses on acquiring infrastructure assets that have low maintenance capital costs and high barriers to entry.
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