Macquarie Infrastructure Holdin with ticker code (MIC) have now 2 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 35 and 4 and has a mean target at 19.5. With the stocks previous close at 3.66 this is indicating there is a potential upside of 432.8%. There is a 50 day moving average of 3.61 while the 200 day moving average is 24.25. The company has a market capitalisation of $323m. Company Website: https://www.micinc.com
The potential market cap would be $1,719m based on the market concensus.
Macquarie Infrastructure Holdings, LLC, through its subsidiaries, 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.
