Brokerages Set Tidewater Midstream and Infrastructure Ltd. (TSE:TWM) Price Target at C$0.66

Shares of Tidewater Midstream and Infrastructure Ltd. (TSE:TWM - Get Free Report) have earned a consensus rating of "Reduce" from the six brokerages that are covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation and five have issued a hold recommendation on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is C$0.66.

Several research firms have recently issued reports on TWM. Atb Cap Markets lowered Tidewater Midstream and Infrastructure from a "strong-buy" rating to a "moderate buy" rating in a research report on Friday, November 15th. Scotiabank lowered their target price on shares of Tidewater Midstream and Infrastructure from C$0.45 to C$0.30 in a research note on Friday, November 15th. Finally, CIBC boosted their price target on shares of Tidewater Midstream and Infrastructure from C$0.30 to C$0.40 and gave the company a "neutral" rating in a report on Thursday, January 9th.

Tidewater Midstream and Infrastructure Trading Down 3.1 %

Shares of TSE TWM traded down C$0.01 during mid-day trading on Tuesday, hitting C$0.16. The company's stock had a trading volume of 36,933 shares, compared to its average volume of 541,699. The company's fifty day simple moving average is C$0.15 and its 200-day simple moving average is C$0.32. The company has a debt-to-equity ratio of 158.54, a current ratio of 0.63 and a quick ratio of 0.55. Tidewater Midstream and Infrastructure has a one year low of C$0.11 and a one year high of C$1.08. The stock has a market cap of C$66.67 million, a price-to-earnings ratio of -0.18, a price-to-earnings-growth ratio of 0.64 and a beta of 1.67.

Tidewater Midstream and Infrastructure Company Profile

Tidewater Midstream and Infrastructure Ltd. operates as a diversified midstream and infrastructure company in the United States. The company primarily focuses on natural gas, natural gas liquids (NGLs), crude oil, refined products, and renewable products and services. It also engages in the sale of refined petroleum products, including gasoline, low sulphur diesel, and ancillary products, as well as renewable fuels and natural gas; and gathering, processing, transporting, extraction, and marketing of crude oil, natural gas, and NGLs.