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

Shares of Tidewater Midstream and Infrastructure Ltd. (TSE:TWM) have been given a consensus recommendation of “Reduce” by the six research firms that are covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation and four have given a hold recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is C$0.53.

TWM has been the subject of a number of recent research reports. National Bankshares raised their target price on 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, March 31st. Acumen Capital lifted their price objective on Tidewater Midstream and Infrastructure from C$0.30 to C$0.35 in a report on Monday, March 31st. Finally, CIBC upped their price objective 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 3.6 %

Shares of TWM stock opened at C$0.27 on Friday. The company has a quick ratio of 0.55, a current ratio of 1.23 and a debt-to-equity ratio of 183.03. The firm has a market cap of C$114.23 million, a P/E ratio of -0.32, a PEG ratio of 0.64 and a beta of 1.67. The company has a 50 day moving average of C$0.21 and a 200-day moving average of C$0.21. Tidewater Midstream and Infrastructure has a 12-month low of C$0.11 and a 12-month high of C$0.84.

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.