Opinions Dan Rohinton
Brookfield Infrastructure PartnersBIP.UN.TODON'T BUYMay 02, 2025
Stock price when the opinion was issued
As of Jun 26, 2026. Market Open.
You might be interested:
You get paid to wait. Steady compounder. $1.7B in new projects. Inflation-linked cashflows. AFFO growth of 11%, trades at 10.5x. Good one to own amidst all the cross-currents of markets today. A "when" story, not "if". Yield is 4.81%; very safe payout ratio of 56%.
(Analysts’ price target is $60.27)
Greg NewmanIt could break out of current levels. They hold a good portfolio. They will likely combine Brookfield and Brookfield Wealth Solutions and combine the infrastructure units which will increase flows.
(Analysts’ price target is $60.27)
Ryan BushellExceptional value for an income name. Trading ~10x FFO, well-covered and reasonable dividend, really strong growth profile.
Chris BlumasLikes push higher on the chart in a new uptrend -- looks poised to challenge and break out to new all-time highs (and that's very bullish). Will play a big part in the very bullish Build Out Canada thesis, big tailwind. Chart looks awesome. Yield is 4.72%.
(Analysts’ price target is $60.06)
Are excellent at recycling capital. Are a utility, but they have one of the most diversified suite of assets, geographically, with business in airports and data centres. Pays a solid 5% dividend.
(Analysts’ price target is $60.08)
Rebecca TeltscherThere will be an infrastructure spend, and in fact there's an infrastructure deficit (just drive around the streets of Toronto). Likes the category. Yield is almost 5%.
Why not just pick the parent? It's much more diversified, and you'd get the benefit of all its subsidiaries.
He's selling it. The stock is breaking down. In March, it showed signs of low, retracing a support level, but the chart shows lower lows and lower highs.
Keith Richards
If you have any withholding tax in a cash (taxable) account, because the structure is set up not in Canada, you should be able to claim it back on your tax return. So it's better to have in a taxable account than in a TFSA or RRSP, where you can't claim it back.
He owns BN instead.
Seems to trade off on private equity concerns, though there's no direct exposure. Continues to put $$ in at these levels. Oil and nat gas egress stories are still intact.
Ryan BushellFor income. Is undervalued at 10x cash earnings, and a dividend around 4.5% and paying out only half their funds from operation. There's ample growth ahead and trading at discount valuation. Likes it a lot.
Chris BlumasNot a fan of this. They pay a dividend and reinvest capital into new projects, but this makes them dependent on generating capital gains and flipping projects. There's no real free cash flow as you see in a typical utility. Also, they are very interest rate-sensitive; they need to constantly borrow money to develop new projects.
An infrastructure play, and her preference in the utilities space.
Brianne Gardner
The closer you are to the top of the house in the Brookfield framework, the closer you are to the CEO and the Board, and the incentive structures tend to favour them. Doesn't have the great yield, but has upside. BAM offers you the yield and, broadly speaking, growth aspects. He'd encourage you to stay near the top of the house, depending on how much yield you need for your life circumstances.
For BIP.UN, it's not really whether Mark Carney got elected or not, or tariffs, because it's a global business. Infrastructure, toll roads, coal, etc. Very diversified.