Analysts Set Tidewater Midstream and Infrastructure Ltd. (TSE:TWM) PT at C$0.64

Shares of Tidewater Midstream and Infrastructure Ltd. (TSE:TWM) have received an average rating of “Reduce” from the six research firms that are presently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation and five have issued a hold recommendation on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is C$0.64.

TWM has been the topic of a number of research reports. Atb Cap Markets lowered Tidewater Midstream and Infrastructure from a “strong-buy” rating to a “moderate buy” rating in a research report on Friday, November 15th. Scotiabank reduced their price target on Tidewater Midstream and Infrastructure from C$0.45 to C$0.30 in a report on Friday, November 15th. Finally, CIBC dropped their price objective on shares of Tidewater Midstream and Infrastructure from C$0.40 to C$0.30 in a report on Friday, November 15th.

Tidewater Midstream and Infrastructure Stock Performance

Shares of Tidewater Midstream and Infrastructure stock opened at C$0.13 on Friday. The company’s 50 day moving average price is C$0.19 and its two-hundred day moving average price is C$0.36. The firm has a market capitalization of C$55.91 million, a P/E ratio of -0.15, a P/E/G ratio of 0.64 and a beta of 1.67. 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 fifty-two week low of C$0.11 and a fifty-two week high of C$1.08.

About Tidewater Midstream and Infrastructure

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.