Tidewater Midstream and Infrastructure Ltd. (TSE:TWM) Receives C$0.66 Average Target Price from Brokerages

Shares of Tidewater Midstream and Infrastructure Ltd. (TSE:TWM - Get Free Report) have received a consensus rating of "Reduce" from the six ratings firms that are presently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell rating and four have given a hold rating to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is C$0.53.

A number of research analysts have issued reports on TWM shares. CIBC upped their target price 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. Acumen Capital upped their price objective on shares of Tidewater Midstream and Infrastructure from C$0.30 to C$0.35 in a research note on Monday. Finally, National Bankshares raised their target price on shares of Tidewater Midstream and Infrastructure from C$0.10 to C$0.15 and gave the stock an "underperform" rating in a research report on Monday.

Tidewater Midstream and Infrastructure Price Performance

TSE:TWM traded up C$0.01 during trading hours on Friday, reaching C$0.28. 538,856 shares of the company traded hands, compared to its average volume of 615,766. The company has a debt-to-equity ratio of 183.03, a current ratio of 1.23 and a quick ratio of 0.55. The firm's 50-day moving average is C$0.20 and its 200-day moving average is C$0.21. The stock has a market cap of C$118.54 million, a P/E ratio of -0.33, a P/E/G ratio of 0.64 and a beta of 1.67. Tidewater Midstream and Infrastructure has a 1-year low of C$0.11 and a 1-year high of C$0.86.

Remove Ads

Tidewater Midstream and Infrastructure Company Profile

Tidewater Midstream and Infrastructure Ltd is a Canadian company that is engaged in providing midstream infrastructure and a natural gas storage facility. It mainly focuses on the purchase, sale, and transportation of Natural Gas Liquids (NGLs) such as propane and natural gasoline throughout North America and export to premium markets.