Analyst Price Target is $44.50
▲ +11.19% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Macquarie Infrastructure in the last 3 months. The average price target is $44.50, with a high forecast of $50.00 and a low forecast of $41.00. The average price target represents a 11.19% upside from the last price of $40.02.
Current Consensus is
The current consensus among 3 contributing investment analysts is to hold stock in Macquarie Infrastructure. This Hold consensus rating has held steady for over two years.
Macquarie Infrastructure Corp. owns and operates a diversified group of businesses providing basic services to customers in the U. S. It operates through the following business segments: International-Matex Tank Terminals (IMTT), Atlantic Aviation, MIC Hawaii, and Corporate and Other. The IMTT segment provides bulk liquid storage and handling services to third parties in the U.S. and Canada. The Atlantic Aviation segment provides fuel, terminal, aircraft hangaring and other services primarily to owners and operators of general aviation (GA) jet aircraft at 70 airports throughout the U.S. The MIC Hawaii segment comprises energy services, production and distribution. The Corporate and Other segment comprises MIC Corporate and a shared services center in Plano, Texas. The company was founded on April 13, 2004 and is headquartered in New York, NY.