13 Best Electric Utility Stocks to Buy According to Analysts

4. Brookfield Infrastructure Partners L.P. (NYSE:BIP)

Average Upside Potential: ~24.7%

Number of Hedge Fund Holders: 6

Brookfield Infrastructure Partners L.P. (NYSE:BIP) is one of the Best Electric Utility Stocks to Buy According to Analysts. On August 28, Jefferies resumed coverage of the company’s stock with a “Buy” rating and a price objective of $35, as reported by The Fly. The research firm highlighted Brookfield Infrastructure Partners L.P. (NYSE:BIP)’s unique position with its global footprint throughout Transport, Utilities, Midstream, and Data sectors. Furthermore, the firm believes that while the company’s YTD acquisitions have been mainly focused on the US, the company continued to progress with capital recycling.

Brookfield Infrastructure Partners L.P. (NYSE:BIP) highlighted that it saw an active Q2 2025 with its capital recycling strategy. It made 3 marquee acquisitions and also garnered significant proceeds from asset sales. Brookfield Infrastructure Partners L.P. (NYSE:BIP)’s ability to consistently purchase high-quality assets for value and monetize mature investments at attractive returns makes its platform stand apart and places it to self-fund a growing pipeline of opportunities. The company reported net income of $69 million in Q2 2025 as compared to $8 million in the prior year. Its Q2 2025 results were aided by healthy operational performance and realized gains associated with its capital recycling activities.

Brookfield Infrastructure Partners L.P. (NYSE:BIP) is engaged in the utilities, transport, midstream, and data businesses. Its utilities business comprises businesses providing regulated transmission and distribution of electricity and natural gas.