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

Shares of Tidewater Midstream and Infrastructure Ltd. (TSE:TWM) have earned an average rating of “Reduce” from the six brokerages that are currently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation and five have assigned a hold recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is C$0.66.

TWM has been the topic of several research analyst reports. Atb Cap Markets lowered shares of Tidewater Midstream and Infrastructure from a “strong-buy” rating to a “moderate buy” rating in a research report on Friday, November 15th. CIBC lifted their target price on Tidewater Midstream and Infrastructure from C$0.30 to C$0.40 and gave the stock a “neutral” rating in a research report on Thursday, January 9th. Finally, Scotiabank cut their price target on Tidewater Midstream and Infrastructure from C$0.45 to C$0.30 in a report on Friday, November 15th.

Tidewater Midstream and Infrastructure Trading Down 5.1 %

Shares of Tidewater Midstream and Infrastructure stock opened at C$0.19 on Friday. Tidewater Midstream and Infrastructure has a 1 year low of C$0.11 and a 1 year high of C$0.90. The company’s fifty day simple moving average is C$0.15 and its 200-day simple moving average is C$0.27. The company has a market cap of C$79.57 million, a price-to-earnings ratio of -0.21, a PEG ratio of 0.64 and a beta of 1.67. 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

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.