Tidewater Midstream and Infrastructure Ltd. (TSE:TWM) Given Consensus Recommendation of “Reduce” by Brokerages

Shares of Tidewater Midstream and Infrastructure Ltd. (TSE:TWM) have earned an average rating of “Reduce” from the six research firms that are presently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating and four have assigned a hold rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is C$0.53.

Several equities analysts have commented on TWM shares. Acumen Capital increased their target price on Tidewater Midstream and Infrastructure from C$0.30 to C$0.35 in a research report on Monday, March 31st. CIBC raised their price objective on Tidewater Midstream and Infrastructure from C$0.30 to C$0.40 and gave the stock a “neutral” rating in a research report on Thursday, January 9th. Finally, National Bankshares boosted their price target on shares of 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.

Tidewater Midstream and Infrastructure Trading Down 3.6 %

Shares of Tidewater Midstream and Infrastructure stock opened at C$0.27 on Friday. The firm has a market capitalization of C$114.23 million, a PE ratio of -0.32, a price-to-earnings-growth ratio of 0.64 and a beta of 1.67. The company has a current ratio of 1.23, a quick ratio of 0.55 and a debt-to-equity ratio of 183.03. The firm’s 50 day moving average is C$0.21 and its 200 day moving average is C$0.21. Tidewater Midstream and Infrastructure has a 1 year low of C$0.11 and a 1 year high of C$0.84.

About Tidewater Midstream and Infrastructure

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.