Brookfield Infrastructure Partners LP

BIP · NYSE

$36.75−$0.36 (−0.97%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $37.11

BIP analyst rating

BuyConsensus of 5 analysts over the last 12 months. 60% rate it a buy.

Strong buy0
Buy3
Hold2
Underperform0
Sell0

12-month price target · 12 analysts

Average $47.20 (+28.4% upside)

Low: $40.40
Now: $36.75
High: $59.85

Upgrades and downgrades

The latest rating actions, newest first

BIP analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Morgan Stanley	Oct 13, 2026	Maintains	Overweight	$50.00 → $48.00	61%
Citigroup	Aug 3, 2026	Maintains	Neutral	$37.00 → $41.00	59%
CIBC	Jul 31, 2026	Maintains	Outperformer	$45.00 → $47.00	14%
CIBC	May 26, 2026	Maintains	Outperformer	$44.00 → $45.00	14%
Morgan Stanley	May 20, 2026	Maintains	Overweight	$45.00 → $46.00	61%
Morgan Stanley	Mar 23, 2026	Upgrade	Equal-Weight → Overweight	$45.00	61%
RBC Capital	Jan 30, 2026	Maintains	Outperform	$40.00 → $41.00	50%
Jefferies	Oct 29, 2025	Downgrade	Buy → Hold	$35.00 → $37.00	0%

The case for and against

Updated Apr 28, 2024

Bull case

Brookfield Infr Partners is focused on acquiring infrastructure assets with low maintenance costs and high barriers to entry. With a strong track record of capital recycling, the company is confident in its ability to generate stable cash flows and create value for investors over time. The recent buybacks of its own units and the potential for further monetization of assets demonstrate management's commitment to shareholder value. Additionally, the partnership has a strong balance sheet and manageable interest rate exposure, providing stability and flexibility for future growth opportunities. Investors should appreciate the company's solid governance structure, with alignment between the partnership and its sponsor, Brookfield Corporation, in maximizing per-unit value.

Bear case

Brookfield Infr Partners is facing challenges in the current investment environment, with higher interest rates and economic uncertainty providing limited opportunities for growth. The company's management is exploring potential investments, but with tweaks to their estimates and lower valuations, the outlook for the future is dampened. Furthermore, as investors put pressure on pipeline/midstream valuations, BIP may struggle to invest in this sector and will likely focus on natural gas infrastructure, potentially acquiring undervalued securities from other publicly traded midstream stocks. Additionally, there may be concerns regarding the relationship between Brookfield Infrastructure and its asset manager, Brookfield Corporation, as investors frequently request more transparency on BN's fee structure, transaction structure, and ownership in BIP.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.