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Jefferies Keeps Their Hold Rating on Brookfield Infrastructure (BIP)

Tipranks - Thu Feb 5, 1:06AM CST

Jefferies analyst Sam Burwell maintained a Hold rating on Brookfield Infrastructure today and set a price target of $39.00.

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According to TipRanks, Burwell is a 5-star analyst with an average return of 14.1% and a 60.78% success rate. Burwell covers the Energy sector, focusing on stocks such as Pembina Pipeline, Enbridge, and TC Energy.

In addition to Jefferies, Brookfield Infrastructure also received a Hold from TipRanks – OpenAI’s OpenAI Diversified Utilities in a report issued on February 2. However, on the same day, TipRanks – PerPlexity upgraded Brookfield Infrastructure (NYSE: BIP) to a Buy.

Based on Brookfield Infrastructure’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $6.3 billion and a net profit of $219 million. In comparison, last year the company earned a revenue of $5.44 billion and had a net profit of $186 million

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