Brookfield Infrastructure Partners (BIP) Could Be 19% Below Fair Value After Preferred Unit Issue
Brookfield Infrastructure Partners (BIP) issued 4,000,000 preferred units to raise capital. The stock trades at a 19% discount to the average analyst target of $46.82, despite a 14.93% YTD return. Analysts highlight undervaluation due to future cash flows, but note risks from higher leverage and refinancing costs. The current P/E of 63.1x is above the global utilities average.




