Brokerages Set Tidewater Midstream and Infrastructure Ltd. (TSE:TWM) Target Price at C$0.64

Tidewater Midstream and Infrastructure Ltd. (TSE:TWM) has been assigned a consensus rating of “Reduce” from the six research firms that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating and five have issued a hold rating on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is C$0.64.

A number of equities research analysts have commented on TWM shares. Atb Cap Markets cut Tidewater Midstream and Infrastructure from a “strong-buy” rating to a “moderate buy” rating in a report on Friday, November 15th. CIBC cut their target price on Tidewater Midstream and Infrastructure from C$0.40 to C$0.30 in a research report on Friday, November 15th. Finally, Scotiabank lowered 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 Stock Up 8.7 %

Shares of TWM stock opened at C$0.13 on Friday. The company has a debt-to-equity ratio of 158.54, a current ratio of 0.63 and a quick ratio of 0.55. Tidewater Midstream and Infrastructure has a one year low of C$0.11 and a one year high of C$1.08. The company’s fifty day moving average price is C$0.20 and its 200-day moving average price is C$0.37. The company has a market capitalization of C$53.76 million, a price-to-earnings ratio of -0.14, a PEG ratio of 0.64 and a beta of 1.67.

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.