Macquarie Infrastructure Corpor – Consensus Indicates Potential -.5% Downside

Broker Ratings

Macquarie Infrastructure Corpor found using ticker (MIC) now have 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 43 and 35 and has a mean target at 39.67. Given that the stocks previous close was at 39.85 this would indicate that there is a downside of -.5%. There is a 50 day moving average of 39.29 and the 200 day MA is 35.58. The company has a market cap of $3,487m. Company Website: http://www.micinc.com

Macquarie Infrastructure Corporation invests in infrastructure and infrastructure-like businesses that provide services to corporations, government agencies and individual customers primarily in the United States. It operates through three segments: Atlantic Aviation, MIC Hawaii, and Corporate and Other. The Atlantic Aviation segment offers fuel delivery; aircraft hangar rental; and other services, consisting of de-icing services, landing, concession, transient overnight hangar usage, terminal use, fuel distribution, aircraft parking, aircraft cleaning, and catering to owners and operators of general aviation jet aircraft, as well as for commercial, military, freight, and government aviation customers. The MIC Hawaii segment distribution and sales of synthetic natural gas, liquefied petroleum gas, liquefied natural gas, and renewable natural gas to industrial, commercial, residential, hospitality, military, public sector, and wholesale users. The company was founded in 2004 and is based in New York, New York.

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