Shares of Brookfield Infrastructure Partners LP Class A Subordinate (NYSE:BIPC) traded today at $79.37, eclipsing its 52-week high. Approximately 58,000 shares have changed hands today, as compared to an average 30-day volume of 185,000 shares.
In the past 52 weeks, shares of Brookfield Infrastructure Partners LP Class A Subordinate have traded between a low of $43.11 and a high of $79.37 and is now at $78.61, which is 82% above that low price.
Brookfield Infrastructure Corp along with its subsidiaries is engaged in owning and operating regulated utility investments in Brazil and the United Kingdom. The group's operations include utilities, transport, energy, and data infrastructure businesses in North and South America, Europe, and the Asia Pacific. The company generates a majority of its revenue from regulated gas transmission operations. Geographically, it generates maximum revenue from Brazil.
Based on a current price of $78.61, Brookfield Infrastructure Partners LP Class A Subordinate is currently 41.9% above its average consensus analyst price target of $45.70.
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