Added to YB: 2024-07-18
Pitch date: 2024-07-12
BIPC [bullish]
Brookfield Infrastructure Corporation
+7.85%
current return
Author Info
No bio for this author
Company Info
Brookfield Infrastructure Corporation, together with its subsidiaries, owns and operates utility investments in Brazil, the United Kingdom, and internationally.
Market Cap
$5.4B
Pitch Price
$35.42
Price Target
N/A
Dividend
3.81%
EV/EBITDA
7.43
P/E
-34.50
EV/Sales
5.98
Sector
Gas Utilities
Category
growth
ClearBridge Canadian Equity Strategy New Position: Brookfield Infrastructure Corporation
BIPC: Global infra portfolio (utilities, transport, energy, data) hit by high rates. Assets benefit from decarbonization, deglobalization, digitization trends. Moats from scarcity & strategic positioning. BAM partnership enables co-investing in high-quality assets. Undervalued due to rate sensitivity despite strong long-term prospects.
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