Acumen Capital Increases Tidewater Midstream and Infrastructure (TSE:TWM) Price Target to C$0.35

Tidewater Midstream and Infrastructure (TSE:TWM) had its target price raised by research analysts at Acumen Capital from C$0.30 to C$0.35 in a report issued on Monday,BayStreet.CA reports. Acumen Capital’s price target suggests a potential upside of 32.08% from the company’s previous close.

TWM has been the topic of a number of other research reports. National Bankshares boosted their price objective on shares of Tidewater Midstream and Infrastructure from C$0.10 to C$0.15 and gave the company an “underperform” rating in a research report on Monday. CIBC upped their price target 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. Two research analysts have rated the stock with a sell rating and four have assigned a hold rating to the company. According to data from MarketBeat, Tidewater Midstream and Infrastructure presently has a consensus rating of “Hold” and an average price target of C$0.53.

Tidewater Midstream and Infrastructure Price Performance

Shares of Tidewater Midstream and Infrastructure stock opened at C$0.27 on Monday. The stock has a 50 day moving average price of C$0.20 and a 200-day moving average price of C$0.21. Tidewater Midstream and Infrastructure has a one year low of C$0.11 and a one year high of C$0.86. The stock has a market cap of C$114.23 million, a price-to-earnings ratio of -0.32, a price-to-earnings-growth ratio of 0.64 and a beta of 1.67. The company has a debt-to-equity ratio of 183.03, a quick ratio of 0.55 and a current ratio of 1.23.

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.