Published On: Wed, Oct 19th, 2016

Macquarie Infrastructure Company LLC (NYSE:MIC) Latest Broker Views


A number of investment brokers have recently updated their price targets on shares of Macquarie Infrastructure Company LLC (NYSE:MIC).

Most recent broker ratings

09/15/2016 – Macquarie Infrastructure Company LLC had its “outperform” rating reiterated by analysts at Oppenheimer. They now have a USD 100 price target on the stock.

11/04/2015 – Macquarie Infrastructure Company LLC had its “outperform” rating reiterated by analysts at RBC Capital. They now have a USD 103 price target on the stock.

06/25/2015 – Macquarie Infrastructure Company LLC had its “overweight” rating reiterated by analysts at Barclays. They now have a USD 101 price target on the stock.

06/13/2015 – Macquarie began new coverage on Macquarie Infrastructure Company LLC giving the company a “overweight” rating. They now have a USD 101 price target on the stock.

01/10/2015 – JP Morgan began new coverage on Macquarie Infrastructure Company LLC giving the company a “overweight” rating. They now have a USD 80 price target on the stock.

The share price of Macquarie Infrastructure Company LLC (NYSE:MIC) was up +0.79% during the last day of trading, with a day high of 83.25. 261377 shares were traded during the last session.

The stock’s 50 day moving average is 82.04 and its 200 day moving average is 75.65. The stock’s market capitalization is 6.78B. Macquarie Infrastructure Company LLC has a 52-week low of 51.83 and a 52-week high of 85.00.

Macquarie Infrastructure Corporation owns and operates a group of businesses that provide services, such as bulk liquid terminalling and handling services. The Company operates through four segments: International-Matex Tank Terminals (IMTT), Atlantic Aviation, Contracted Power (CP) and MIC Hawaii. Its group of businesses also provides services, such as aircraft fueling, CP generation and utility gas services. Its group of businesses provides services to businesses, government agencies and individuals in the United States. IMTT segment provides bulk liquid terminal services in the United States. As of December 31, 2016, Atlantic Aviation operated Fixed based operations (FBOs) at 69 airports in the United States. The businesses in its CP segment sell electricity to off-takers, pursuant to multi-year contracts. MIC Hawaii segment consists of Hawaii Gas and several smaller businesses. Hawaii Gas consists of a gas utility and a liquefied petroleum gas (LPG) distribution business.