Analyst Recommendation BUY
Brookfield Infrastructure Partners(BIP.UN-T)
21/11/2023
The parent, Brookfield, is buying back these shares, a good move. He owns both. They own various assets, but data centres offer the most sizzle. Shares are very depressed, pays a 5.7% yield well above the historic 5%, and trades at 8x funds flow from operation (12% historically). Are another victim of high interest rates. A recent short-seller report didn't hurt, but he read that and refutes it. Overall, still likes BIP.
Energy Infrastructure, Industrials & Utilities
Brian Madden
$36.450
Owned