Streetbeat News

BIPC

Brookfield Infrastructure Corporation

https://bip.brookfield.com/bipc

Industry

Regulated Gas

Brookfield Infrastructure Corporation, together with its subsidiaries, owns and operates regulated natural gas transmission systems in Brazil. The company also engages in the regulated gas and electricity distribution operations in the United Kingdom; and electricity transmission and distribution, as well as gas distribution in Australia. It operates approximately 2,000 kilometers of natural gas transportation pipelines in the states of Rio de Janeiro, Sao Paulo, and Minas Gerais; 3.9 million gas and electricity connections; and 61,000 kilometers of operational electricity transmission and distribution lines in Australia. The company was incorporated in 2019 and is headquartered in New York, New York. Brookfield Infrastructure Corporation is a subsidiary of Brookfield Infrastructure Partners L.P.

Open

41.35

Mkt cap

5.4B

Volume

367K

High

41.60

P/E Ratio

-7.83

52-wk high

45.29

Low

40.54

Div yield

0.04

52-wk low

28.47

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Portfolio Pulse from

December 08, 2024 | 9:30 am

Brookfield Infrastructure Partners and Brookfield Infrastructure have announced plans to complete a reorganization. This will result in BIPC shareholders owning a security with equivalent economic benefits and governance. The reorganization is expected to be tax-deferred for most investors, including those in Canada and the U.S.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 9:45 pm

Wells Fargo has maintained its Overweight rating for Brookfield Infrastructure (NYSE:BIPC) but lowered its price target from $46.00 to $42.00. Brookfield Infrastructure's shares are currently trading up 1.0% at $37.50 per share. A move to $42.00 would represent a 12.0% increase from the current share price.

Portfolio Pulse from Benzinga Insights

September 22, 2023 | 5:00 pm

Wells Fargo analyst Jonathan Reeder has maintained an Overweight rating on Brookfield Infrastructure (NYSE:BIPC) but lowered the price target from $46 to $42.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 1:09 pm

On Wednesday, 179 companies reached new 52-week lows. Pfizer (NYSE:PFE) was the largest company to set a new 52-week low, while Gaucho Group Holdings (NASDAQ:VINO) was the smallest. EZGO Technologies (NASDAQ:EZGO)'s stock fell the most, dropping 78.43% to reach a new 52-week low. Protara Therapeutics (NASDAQ:TARA)'s stock made the biggest reversal, trading up 0.0% shortly after dropping to a new 52-week low.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 6:43 pm

Wells Fargo analyst Jonathan Reeder has maintained an Overweight rating on Brookfield Infrastructure (NYSE:BIPC) but lowered the price target from $48 to $46.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 3:42 pm

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