Analysts Set Tidewater Midstream and Infrastructure Ltd. (TSE:TWM) PT at C$0.66

Tidewater Midstream and Infrastructure Ltd. (TSE:TWM) has been given an average recommendation of “Reduce” by the six analysts that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating and five have given a hold rating to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is C$0.66.

Several equities analysts recently weighed in on TWM shares. Scotiabank cut their price target on shares of Tidewater Midstream and Infrastructure from C$0.45 to C$0.30 in a report on Friday, November 15th. CIBC raised their target price on shares of Tidewater Midstream and Infrastructure from C$0.30 to C$0.40 and gave the stock a “neutral” rating in a report on Thursday, January 9th. Finally, Atb Cap Markets downgraded shares of Tidewater Midstream and Infrastructure from a “strong-buy” rating to a “moderate buy” rating in a research report on Friday, November 15th.

Tidewater Midstream and Infrastructure Trading Up 3.1 %

Shares of TSE:TWM opened at C$0.17 on Tuesday. The company has a quick ratio of 0.55, a current ratio of 0.63 and a debt-to-equity ratio of 158.54. Tidewater Midstream and Infrastructure has a 52-week low of C$0.11 and a 52-week high of C$1.08. The stock has a market cap of C$70.97 million, a price-to-earnings ratio of -0.19, a PEG ratio of 0.64 and a beta of 1.67. The business has a 50-day moving average price of C$0.15 and a 200-day moving average price of C$0.31.

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.