NYSE:BIP - Post Discussion
Post by
retiredcf on Oct 24, 2023 9:40am
TD
TD Securities’ Cherilyn Radbourne lowered her Brookfield Infrastructure Partners L.P. (BIP-N, BIP.UN-T) target to US$45 from US$50, keeping a “buy” recommendation. The average is US$41.
“We believe that at current levels, BIP offers a compelling combination of yield (6.5 per cent plus) plus high-single-digit to low-double-digit FFO/unit growth, consistent with its long-term track-record (10-year FFO/unit CAGR of 11 per cent during 2012-2022),” she said.
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