Tidewater Midstream and Infrastructure (TSE:TWM - Get Free Report) had its price objective hoisted by CIBC from C$0.30 to C$0.40 in a research report issued on Thursday,BayStreet.CA reports. The firm presently has a "neutral" rating on the stock. CIBC's price objective would indicate a potential upside of 166.67% from the stock's previous close.
Several other equities analysts have also issued reports on TWM. Scotiabank reduced their target price on Tidewater Midstream and Infrastructure from C$0.45 to C$0.30 in a report on Friday, November 15th. Atb Cap Markets cut Tidewater Midstream and Infrastructure from a "strong-buy" rating to a "moderate buy" rating in a research report on Friday, November 15th. One investment analyst has rated the stock with a sell rating and five have assigned a hold rating to the stock. According to data from MarketBeat, Tidewater Midstream and Infrastructure presently has a consensus rating of "Hold" and an average target price of C$0.66.
Check Out Our Latest Report on Tidewater Midstream and Infrastructure
Tidewater Midstream and Infrastructure Stock Performance
Shares of TWM remained flat at C$0.15 during trading hours on Thursday. 83,800 shares of the company were exchanged, compared to its average volume of 551,586. 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$64.52 million, a P/E ratio of -0.17, a price-to-earnings-growth ratio of 0.64 and a beta of 1.67. The stock has a 50 day moving average price of C$0.16 and a two-hundred day moving average price of C$0.33. The company has a current ratio of 0.63, a quick ratio of 0.55 and a debt-to-equity ratio of 158.54.
Tidewater Midstream and Infrastructure Company Profile
(
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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.
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