Brookfield Infrastructure Partners LP (BIP) Given Average Recommendation of "Buy" by Brokerages

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23 August, 2017

The SI to Oge Energy Corporation's float is 1.82%.

Company shares last traded at $44.25 a tad higher than the 50 day moving average which is $41.35 and a great deal higher than the 200 day moving average of $39.24.

Steinberg Global Asset Management increased Brookfield Infrast Partners (BIP) stake by 218.4% reported in 2016Q4 SEC filing. It has underperformed by 37.05% the S&P500. Atlantic Trust LLC bought a new position in Brookfield Infrastructure Partners during the second quarter valued at approximately $1,404,000.

(NYSE:BIP) shares saw heavy trading volume with 401K shares changing hands by the end of trading on Wednesday.

COPYRIGHT VIOLATION NOTICE: "BMO Capital Markets Lowers Brookfield Infrastructure Partners LP (BIP) to Neutral" was originally reported by BBNS and is owned by of BBNS.

The company is now down since yesterday's close of $44.64. About shares traded. Brookfield Infrastructure Partners L.P. (NYSE:BIP) has risen 38.95% since August 22, 2016 and is uptrending. It has outperformed by 22.25% the S&P500. Zacks Investment Research cut shares of Brookfield Infrastructure Partners from a "buy" rating to a "hold" rating in a report on Thursday, June 1st. Therefore 75% are positive.

Stock market analysts and brokers have recently amended their target prices on shares of Brookfield Infrastructure Partners LP (NYSE:BIP). On Monday, September 26 the stock rating was downgraded by Raymond James to "Outperform". The average stock price target is $45.89 with 2 brokers rating the stock a strong buy, 5 brokers rating the stock a buy, 1 broker rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell. The firm has "Buy" rating given on Friday, August 4 by RBC Capital Markets.

Brookfield Infrastructure Partners (NYSE:BIP) (TSE:BIP.UN) last issued its earnings results on Thursday, August 3rd. The rating was maintained by Scotia Capital with "Sector Perform" on Tuesday, August 18. On June 16 the company was changed to "Outperform" in a report from Credit Suisse which was a boost from the previous "Outperform" rating.

Brookfield Infrastructure Partners LP was downgraded to "neutral" by analysts at Credit Suisse. The rating was maintained by RBC Capital Markets with "Buy" on Friday, July 14.

Brookfield Infrastructure Partners (BIP) opened at 44.64 on Tuesday. Its up 0.03, from 1.31 in 2016Q3. They now have a Dollars 37.75 price target on the stock.

The P/E ratio is now 98.11 and the market cap of the company is 11.59B. The utilities segment consists of regulated businesses, including regulated distribution (electricity and natural gas connections), electricity transmission and a regulated terminal (coal export terminal). It has a 95.25 P/E ratio. The Company's divisions include utilities, transport, energy, communications infrastructure and other. The stock increased 0.75% or $0.01 on August 21, reaching $1.34. The stock rose 1.04% or $0.84 reaching $81.92 per share.

Aristotle Fund L.P. holds 9.78% of its portfolio in Skechers USA Inc for 511,000 shares. 508.19 million shares or 0.53% more from 505.49 million shares in 2016Q3 were reported. California Public Employees Retirement Systems accumulated 0% or 22,954 shares. It also reduced Vanguard Scottsdale Fds (VCIT) stake by 139,272 shares and now owns 140,074 shares.

Investors sentiment decreased to 0.83 in 2016 Q4. (NYSE:OGE) for 367 shares. Bnp Paribas Invest Prtn holds 0% in OGE Energy Corp. (NYSE:OGE) or 7,740 shares. Blackrock Fund Advsr holds 0% of its portfolio in Perfumania Holdings, Inc. (NYSE:OGE) for 24,820 shares.


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