NYSE:BIPIntegrated Utilities
Is It Too Late To Consider Brookfield Infrastructure Partners (NYSE:BIP) After 35% One Year Rally?
If you are wondering whether Brookfield Infrastructure Partners is still good value at around US$38.94, the key question is how its current price lines up with what the underlying business might be worth.
The unit price has been relatively firm recently, with a 6.3% move over the last 30 days and a 13.5% return year to date, while the 1 year return sits at 35.5% and the 5 year return at 39.8%.
These moves sit against an ongoing stream of news about global infrastructure demand, financing...