Tidewater Midstream and Infrastructure (TSE:TWM) Given New C$0.15 Price Target at National Bankshares

Tidewater Midstream and Infrastructure (TSE:TWM) had its price objective lifted by analysts at National Bankshares from C$0.10 to C$0.15 in a research note issued on Monday,BayStreet.CA reports. The firm presently has an “underperform” rating on the stock. National Bankshares’ target price indicates a potential downside of 42.31% from the company’s current price.

Separately, CIBC boosted 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 note on Thursday, January 9th. Two equities research analysts have rated the stock with a sell rating and four have issued a hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of C$0.53.

Tidewater Midstream and Infrastructure Trading Down 1.9 %

Shares of TSE TWM traded down C$0.01 during mid-day trading on Monday, reaching C$0.26. 945,740 shares of the company’s stock were exchanged, compared to its average volume of 610,472. The company has a debt-to-equity ratio of 183.03, a quick ratio of 0.55 and a current ratio of 1.23. The firm has a market capitalization of C$112.08 million, a price-to-earnings ratio of -0.31, a PEG ratio of 0.64 and a beta of 1.67. Tidewater Midstream and Infrastructure has a 52-week low of C$0.11 and a 52-week high of C$0.86. The company’s 50-day moving average is C$0.20 and its 200-day moving average is C$0.21.

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.